loan modification: Financial Stability Plan Details - 03/06/09 04:27 AM
The details of Obama's Financial Stability Plan are officially out, but there are still unanswered questions. The official website is up with the specifics of the two plans, one for high loan-to-value refinances for good borrowers and the other providing modifications for borrowers in danger of losing their homes. The basic idea is to first find out if you are eligible by following the steps on the website, next call your loan servicer, and then be patient. The servicers are no doubt being inundated with more requests than they have the ability to deal with. You'll need patience since it sounds … (0 comments)

loan modification: The New Mortgage Fraud - 03/03/09 08:05 AM
Unfortunately mortgage fraud has not fizzled out along with the real estate market. It's just changed. The new mortgage fraud preys upon desperate homeowners threatened with foreclosure, and these tough economic times are creating plenty of potential victims.The Foreclosure Rescue Scam is probably the most common and one that I have fielded many calls about. These companies offer to help negotiate with your lender to avoid foreclosure and modify the terms of your loan. First of all, there's nothing that even a reputable firm can do that a persistent homeowner can't do themselves. You're better off calling yourself to negotiate a … (0 comments)


Bela Toledo, CPA

Grants Pass, OR

More about me…

McMichael & Toledo, CPAs

Address: 544 NE E Street, Grants Pass, OR, 97526

Office: (541) 244-2192

Mobile: (541) 660-2479



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