fighting foreclosure: Why the New Trustee? - 05/05/08 11:49 AM
Why the New Trustee? When the Lender files the Notice of Default to start the foreclosure process often times they will also assign a New Trustee. When that happens you'll receive all sorts of important registered letters announcing the New Trustee. By law they have make sure you
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fighting foreclosure: Conspiracy Theory #17 - 04/17/08 09:19 AM
We've all heard of PMI. It's Mortgage Insurance. It reduces the risk of loss to the lender in the case of default. In the case of default instead of the lender taking the entire loss, the purchased Mortgage Insurance steps in and covers a portion of the loss.
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fighting foreclosure: BAAAAAAA! - 04/16/08 09:33 AM
Feel like a Piece of Livestock yet? Cattle, Sheep. Goats, go ahead and pick your favorite. You are a now a piece of livestock in the eyes of Fannie Mae and Freddie Mac. And you thought you were just another number? As the pressure mounts for more and more
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fighting foreclosure: Project Lifeline - 02/12/08 10:43 AM
Project Lifeline Will it help? It's an addition of the Hope Now Alliance. If you are 90 or more days late on your mortgage this new "plan" is aimed at you. Typically a lender doesn't even start the process before the loan is 90+ days delinquent. 6 large lenders are
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fighting foreclosure: Foreclosure Solutions - 12/07/07 10:34 AM
Fellow blogger and all around good guy, David Petrovich once wrote, "Sometimes, the offer of a helping hand is really a cement lifejacket in disguise." This week I received contact from two people who had "issues" with the same foreclosure rescue company. That's what I thought. My mistake.
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fighting foreclosure: Tale of Two Cities - 09/26/07 11:56 AM
We've all heard the cliche, "Location, Location, Location". My Uncle Sal, the one who has never owned a thing in his life, would say "It's all about Location". Every buyer knows the phrase. I even know of a real estate agent who has a discreet tattoo proclaiming those three words. How
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fighting foreclosure: Real Estate "GURU" Caught Skimming - 07/11/07 05:51 PM
Here's a trail of stories to read dealing with Equity Skimming. I started at this article in BusinessWeek by Dean Foust about Foreclosure Rescue Scams. It's a good article and worth the read. "... in which unscrupulous individuals or groups approach homeowners facing foreclosure and promise to help them save
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