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Workers.com has a pertinent blog post here which I found (Coalition wins foreclosure victories). I think it highlights number one the importance of homeowners searching out help. In one example a homeowner battled along with Michigan Moratorium NOW! Coalition to Stop Foreclosures, Evictions and Utility Shutoffs and neighborhood activists to delay foreclosure and to . . . → Read More: Homeowners need to reach out for help and participate actively in their foreclosure defense…  2 comments  Cleveland foreclosures, Cleveland short sales, Delay foreclosure, Forclosure options, Loan modifications, Short sale help, Stay in my house  Attorneys, Borrowers, Ceo, Court Victory, cuyahoga county, Email Campaign, Eviction Proceeding, Evictions, Failure, Foreclosure Defense, Foreclosure Help, Foreclosure Loan, Foreclosures, Loans, Macomb County Circuit Court, Moratorium, Neighborhood Activists, People, Privileges, Rallies, Wins Dennis Murray (D-Sandusky) introduced House Bill (HB) 323 to Ohio’s House of Representatives. This bill on the draconian side for banks. It would require a brisk time line for banks to move a home from foreclosure court filing to bringing it to sheriff sale… if they don’t follow the time line apparently the lender will have the mortgage liens removed from the property and lose any rights to the proceeds of the sale of the property. . . . → Read More: Ohio cracks the whip on bank foreclosure filings Leave a comment Cleveland foreclosures, Cleveland short sales, Forclosure options Affidavit, Bank Foreclosure, Bank Foreclosures, Banks, Borrowers, Complexity, Conservative Tradition, Constitutional Expert, Contact, Cracks, Dennis Murray, Expert, Extra, Financial Incentive, Financial Sense, House Of Representatives, Lenders, Leverage, Limbo, Mortgage, Much Money, Owner Ship, Ownership Interest, Proceeds, Sandusky, Time Line, Time Lines, Whip The Wall Street Journal had on article here about Wells Fargo’s loan modification strategy for it’s portfolio of negative amortization “pick a pay” loans which allowed owners to make interest only payments or even less while the balance would grow and while equity has shrunk… especially in this market. Wells Fargo has nearly $107 . . . → Read More: Wells Fargo picks and prays re pick and pays Leave a comment Delay foreclosure, Forclosure options 10 Years, Amortization, Andy Morris, Borrowers, Catastrophe, Fannie Mae, Foreclosure, Guess, Interest Only Loans, Lenders, Loan Modification, Massive Debt, Money, Negative Amortization, Ohio Real Estate, People, real estate, Real Estate Broker, Wall Street, Wall Street Journal, Wells Fargo I saw this article appear in the New York Times. States Are Pondering Fraud Suits Against Banks – DealBook Blog – NYTimes.com. I mentioned in a recent article I commented on the fact that often times loan servicers have a higher incentive to foreclose than save borrowers and mortgage investors huge sums of money . . . → Read More: Short sale / Loan modification tip 197: Sue Your Lender One comment Cleveland foreclosures, Delay foreclosure, Forclosure options, Loan modifications, Short sale help Apathy, Article One, Bank Of America, Best Solution, Borrowers, Case Law, Decision States, Diplomacy, Fraud Suits, Loan Modification, Mortgage Companies, Mortgage Investors, New Case, New York Times, Office Of The President, Recent Article, Supreme Decision, Technicality, Tooth And Nail, Work Outs Happy Halloween!… and congratulations on getting an extra hour of sleep tomorrow. The following is a valuable link to an article for those fighting to stay and live in their home. Loan Modification Strategies: 3 Telephone Strategies To Fight Bank Stall Tactics. When we do follow up on our short sales we will use . . . → Read More: Fight for your home loan modification plan! Specific strategies If you listen to Tony Robbins, you might hear him say that every decision anyone makes is based completely on the amount of pain and pleasure that we derive from such a decision and its out comes. Some individuals may have been programed by our parents or society to have a conscience or to . . . → Read More: Your lender wants you to foreclose? Leave a comment Cleveland short sales, Delay foreclosure, Forclosure options, Loan modifications All Sorts, Best Interest, Compassion, Conscience, Corporate Citizens, Corruption, Ecomony, Fiduciary Duty, Financial Decision, Foreclosure, Greed, Havoc, Massive Losses, Money Trail, Mortgage Lenders, Pain And Pleasure, Personal Business, Personal Gain, Programing, Tony Robbins |
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