Loan Modifications information reference site
One of the best web sites I can refer people to on the subject of Loan Modifications and Short Sales is at http://Honish.com. It’s an eye opener and training ground for handling the banks when it comes to settling debts on an upside down mortgage transaction.
If you or someone you know is in the middle of or considering defaulting on their mortgage-they need to read up and this site is guaranteed to have insightful tips on conducting the safest ways of dealing with a mortgage debt collector. If you should decide to Short Sale after reading the materials provided on this site. Please give us a call to discuss further what the benefits and outcome in your particular situation could be.
Cook County stops evictions on some lenders
Lenders are having to stop and review their foreclosure files after it was brought up that some are not checking their work. Bank of America actually suspended foreclosure sales across America until they could verify their processes are being adhered to. approx 35 lenders were mentioned including Chase, JP Morgan & many other large institutions.
