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Consumer Mortgage Reports
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More Obama & HAMP Failures!
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HAMP Just 10% Effective â Obamaâs Inexperience, Inability or Ulterior Motive?
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This Weeks Upcoming Mortgage News
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Real Estate Sales Decline 7.2%
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11.3 Million Houses Underwater
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Home Mortgage Rates Grew â Mortgage Applications Down
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Foreclosures At All Time High
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Pseudo Government Entity Raised Its Discount Rate
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Itâs Not Over â Mortgage Delinquencies Continue Their Climb
June Foreclosure Filings Up 53% From 2007
Home foreclosure filings are up 53% in June. This is the second straight month more than 250,000 homes have foreclosed. This is according to the latest report from RealtyTrac.
First of all, what is going on with the Fannie Mae and Freddie Mac news. how will that affect the housing market? It could be huge. The real debate is held in the reforms will be and still have enough capital to do with a need to do to affect relief on the markets. If Fannie Mae and Freddie Mac do not have the capital they need, foreclosures will go up. They are already up an enormous 53%, but down 3% from May 2008.
Stop Foreclosure with Loss Mitigation Programs
Loss mitigation programs were established by the federal government and the mortgage industry in order to stop home foreclosure.
Loss Mitigation helps foreclosure victims in default on their mortgages to find alternatives to home foreclosure. Every homeowner’s situation is unique and each lender has their own policies regarding the use of these programs to stop foreclosure.
Our extensive experience and solid working relationships with mortgage lenders allows us help homeowners avoid the common pitfalls that many encounter while trying to work things out directly with their lender.
After performing a thorough assessment of homeowners personal finances and analyzing lender’s loss mitigation policies our professional loss mitigators will negotiate with lender to get homeowner the best possible solution to home foreclosure problem.
We help homeowners save their home and credit history through a variety of loss mitigation options stop your foreclosure now.
Stop Foreclosure <=click here
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