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Northeast OH Short Sales: Facing Foreclosure And Your Lender Changed The Locks?

Northeast OH – Many homeowners facing foreclosure come home to find the locks on their doors changed out. They are locked out of their own home.

We have seen lenders do this to homeowners who still own and live in their home. In one example, an American Veteran was facing foreclosure. He went to . . . → Read More: Northeast OH Short Sales: Facing Foreclosure And Your Lender Changed The Locks?

How do I defend against my lender?

FROM MY BLOG I RECIEVED THIS QUESTION:

Andy, I work with senior homeowners 62 or older that are facing foreclosure. I get the banks to reduce the principle balance and pay that off with a reverse mortgage. Most of my clients are on fixed incomes and can’t afford an attorney or mortgage audit. . . . → Read More: How do I defend against my lender?

Another foreclosure rescue firm hits the dust

The following article caught my eye in the Plain Dealer. It says Federal Trade Commission, Ohio attorney general sue foreclosure rescue firm Debt Advocacy Center.

Is it really news that another company has been indited for screwing people in foreclosure? Not really. This is happening everyday. However what I found unique is that I . . . → Read More: Another foreclosure rescue firm hits the dust

Ohio cracks the whip on bank foreclosure filings

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