Archive for February, 2010

Options for Homeowners in Mortgage Distress

In the past couple of years, a lot of homeowners have found themselves in need of some foreclosure help. With high rates of unemployment and decreased wages, more people are finding making their payments harder every month. Priorities have to be set and the first one needs to be food for the family. And lenders […]

Don’t Count on Credit Cards to Help You Stop Foreclosure

One of the greatest mistakes homeowners can make when they get into a financial bind is relying on credit cards or other short-term loans to see them through the difficulty. They think that they can borrow money at high rates of interest and then pay it back once their income has recovered. Unfortunately, this is […]

How a Forensic Loan Audit can Help Foreclosure Victims

With all of the current programs and ideas that the housing industry and government are creating out to help homeowners save their properties from foreclosure, it seems new terms and acronyms are being invented everyday. One of the most bewildering that has come into common acceptance is a “forensic loan audit,” which is being sold […]