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Get Free Foreclosure Advice In Minutes
Get your free on-line foreclosure refinance quote and foreclosure help in minutes. Explore your options and compare ways to prevent foreclosure... more...
Foreclosure Prevention Act of 2008 - Information You Need To Know To Stop Foreclosure
The government is doing all they can to stop the slowing of the economy. On February 13th 2008 the Foreclosure Act of 2008 was introduced to congress. Heading up the bill is Senator Harry Reid, a democrat in Nevada. You should not be surprised that. Nevada holds the record for the highest ...
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One Year Moratorium
President George W. Bush recently announced a 30 day moratorium on foreclosures. Sen. Hillary Clinton has expressed her approval for a 90 day moratorium. But, recently, two state legislators have been pushing for a 1 year moratorium for the state of New York. Assemblyman James F. Brennan (Brooklyn, ...
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Congress and the Foreclosure Crisis
Currently, 20,000 people are losing their homes every week due to foreclosure. At that rate, 100,000 more homeowners will lose their homes before Congress passes a bill to stem the foreclosure flood. Sadly, the proposals currently making the rounds in both chambers will do little to stop the ...
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Should Homeowners Have to Fund Corporate Tax Breaks Under the Label of Foreclosure Help?
If anyone still doubts that government only intervenes in the economy to protect itself and reward politically-connected corporations, the ill-named Foreclosure Prevention Act should dispel any lasting misconceptions. The proposed bill would essentially steal money from homeowners and the general ...
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The Mortgage Forgiveness Bill Of 2007 - Will It Raise Or Lower Your Taxes?
One of the most controversial and paradoxical real estate and mortgage finance stories to hit the media in recent weeks was that of a newly crafted real estate tax bill - the so-called Mortgage Forgiveness Bill of 2007. The bill, which may help you hold onto your money if you face foreclosure but ...
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Loss Mitigation - Stop Foreclosure - Save My Home!
Loss mitigation programs are win/win strategies established by the federal government and the mortgage industry in order to resolve foreclosures in a way that benefits both the banks and the distressed homeowner, mitigating the losses to both. When the process is successful, it stops the ...
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Preventative Actions Concerning The Nation's Housing Crisis - Helping Refinancing
The current housing crisis has become a number one concern as of late, especially with the recent legislative proposal from a majority of democratic interests. With Senator Harry Reid leading the way, Senate Democrats have recently announced a package of legislation - The Foreclosure Prevention Act ...
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Official Rescue Plans May Boost Foreclosure Investment Profits
In some towns and cities where the number of foreclosures is especially high, local governments view the presence of so many vacant houses as a threat for potential fires, accidents, acts of vandalism or illegal squatters. So they support the kinds of legislation that will help them turn these ...
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Renters Lose in Foreclosures
If a homeowner defaults on their mortgage the lender usually forecloses on the home and the homeowner loses it. What happens to the renters who pay their rent every month but live in homes whose owner has not been paying the mortgage? If you are a renter in a home or apartment building that is ...
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HR 1876 May Give Homeowners in Foreclosure A Much Needed Tax Break
Homeowners facing foreclosure in California have approximately 120 days from the Notice of Default (about 4 months) in order to resolve their outstanding mortgage debt. When a homeowner finds themselves in this situation, the most proactive step a homeowner can do is to act in a timely manner to ...
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