Timely mortgage Q&A: “How long after foreclosure can I purchase a home?” If you’ve recently experienced foreclosure, you may be wondering when you’ll be able… Read More »How Long After Foreclosure Can I Purchase a Home? Waiting Periods By Loan Type
Foreclosure isn’t a good thing, but knowing more about how it works and the alternatives to it can be useful.
More mortgage crisis Q&A: “How long does a foreclosure stay on your credit report?” With all the foreclosures sprouting up, struggling homeowners that are either… Read More »How Long Does a Foreclosure Stay on Your Credit Report?
A bill signed into law by Governor Schwarzenegger back in February has launched a supposed “California foreclosure moratorium” in the state today. Going forward, banks… Read More »California Foreclosure Moratorium Takes Effect
Good news, if you recently got foreclosed on and are back in the rental market… Apartment owners and other landlords are beginning to overlook foreclosure-blemished… Read More »Landlords Overlooking Foreclosure Blemishes
An estimated 600,000 foreclosed homes owned by banks and mortgage lenders nationwide haven’t been resold or listed, according to a report from the San Francisco… Read More »Estimated 600,000 Bank Owned Properties Not on the Market
The Hope for Homeowners program introduced by the Bush Administration and HUD last year continues to be a major flop, as evidenced by a report… Read More »Hope for Homeowners Program Has Helped Just One Borrower
A locksmith performing a routine change of the old locks on a foreclosed home in a suburb of Phoenix, Arizona was shot by a confused… Read More »Locksmith Shot While Changing Locks of Foreclosed Home
Both Fannie Mae and Freddie Mac have announced that they will suspend all foreclosure sales and evictions of occupied homes from November 26 until January… Read More »Happy Holidays, We Won’t Foreclose on You, For Now
As foreclosures continue to rise, more “angels” are on the lookout for people to “save”. If you’re behind on your mortgage payments, you may have… Read More »Beware of Foreclosure Assistance Programs