In the preceding blog article I addressed the issues when a borrower waits until they get before a judge to determine that they may want an attorney to represent them. Foreclosure is NOT a Remedy deals with the issues when a borrower has been served with a foreclosure complaint (sometimes mistak
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07/27/2009
First in a series: My law practice encompasses assisting and guiding many borrowers that are in financial distress and we take the position that Foreclosure is NOT a Solution. Most borrowers come into the office for guidance and if they are lucky, planning for solution options once they realize
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07/22/2009
The concepts of foreclosure defense preparation have started a cottage industry, unregulated as with most of the home saving concepts, called "loan audits". A loan audit is supposed to be a "forensic analysis" of the loan origination and closing. I get calls every week from a few sales people tr
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07/14/2009
A mortgaged homeowner is likely to "walk from the property" or "give it back to the bank" based more on loss of equity than the ability to make the mortgage payments, a recent research paper emanating from the University of Chicago says. The paper researches and analyzes when American homeowners
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07/05/2009
A recent research paper emanating from the University of Chicago, American statistics studies when a mortgaged homeowner is likely to "walk from the property" or "give it back to the bank". These actions by mortgaged homeowners when the indebtedness substantially exceeds the equity value of the
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07/04/2009
