Heartbreaking Video Footage of Foreclosure Evictions

March 18th, 2009 by michael e. riley

Chris Hansen of Dateline NBC follows police with a camera crew while evictions are being conducted.  The eviction victims are interviewed.  This truly is a heartbreaking video.  Be sure to explore your loan modification options and prevent foreclosure from happening.  It is now easier than ever to perform loan modification and a number of government-subsidized programs have been created to help the struggling homeowners.  Give us a call if you are unsure if the program applies to you.

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Mortgage Modification Under HASP – Are You Eligible?

February 24th, 2009 by michael e. riley

Housing Plan Reduce Mortgage Payment

Many of homeowners have questions regarding the President Barack Obama’s Housing Plan. A lot of Americans are in various stages of foreclosure and the help can not come soon enough. So who is eligible?

The program is expected to help those who are in danger of not making their monthly payments. The applicants do not have to be behind, but may be asked to demonstrate that they may be short on making their monthly payments. The program’s eligibility is determined by whether the monthly mortgage payment is above 31% of applicant’s gross income. Jumbo loans (the loans over $417,000) are not eligible and neither are second mortgages.

The lenders…

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Obama's $75 Billion Plan to Help Fight Foreclosure

February 18th, 2009 by michael e. riley

In an effort to keep 9 million people from loosing their homes President Barack Obama unveiled his $75 billion mortgage relief plan on Wednesday, February 18th.

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