I’m Working On A Loan Modification, But Is My Bank?

On May 20, 2011, in Foreclosure, by Justin Velthoen

In many cases, it’s a homeowner’s “Hail Mary,” a last-ditch effort to preserve their home. But getting approved for a loan modification, despite recent encouragement from the federal government, is not as simple as merely calling your lender and asking for one, or visiting its website and applying for one. There is nearly as much […]

Protection for Homeowners

On February 22, 2011, in Foreclosure, by Justin Velthoen

Recently, the FTC (Federal Trade Commission) came out with a new ruling to protect struggling homeowners. In the Mortgage Assistance Relief Services (MARS)†rule, it is illegal for anybody claiming to offer mortgage relief services to charge advance fees and must now put some disclosures into writing while also making the homeowner aware of any risks […]

Save My House From Foreclosure

On February 5, 2011, in Foreclosure, by Justin Velthoen

Donít ever let someone charge you for help that should be free! There are plenty of scam artists out there that will try and talk unaware homeowners into paying them for a service that is free of cost.