Homes in Foreclosure Break All Time Record
November 23, 2009 by Pete Mitchell
Filed under All Posts, Mortgage Insight
The continued job losses being experienced across the nation are driving up delinquencies to all time record highs. The number of loans in foreclosure at the end of the 3rd quarter measured a record 14.41% , which are at least one payment past due or in some stage of foreclosure.
This is attributed to increasing job [...]
Obama Mortgage Bailout – The Home Affordable Modification Program (HAMP) & What This Means To You
September 7, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Help
The Obama mortgage modification/bailout plan known as HAMP, has a small number of reasonably easy to meet criteria that must be met to potentially receive a mortgage modification and lower your mortgage payments.
