Posts tagged as:

Foreclosure

Help For New Jersey Unemployed Homeowners Under New Government Program

April 26, 2010

Some unemployed homeowners will get a few months of relief on mortgage payments.  In a new government assistance plan, unemployed homeowners who are collecting unemployment AND who are no more than 90 days late can apply to get mortgage payments waived for a few months.  No credit requirements.  Homeowners should contact their lenders for details.

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John Paulson of Goldman Sachs Raked in a $Billion$ Dollars Betting Homeowners Would Lose Homes to Foreclosure

April 26, 2010

And Here’s The Rest of the Story Uncovered ”After” The Bailout
John Paulson of Goldman Sachs raked in a Billion Dollars (“billion”) after betting that untold numbers of homeowners would lose their homes to foreclosure.  In his plight to get rich, Paulson and Goldman Sachs allegedly defrauded its own investors with profitable side bets on real estate [...]

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When the “Bill” Collector Comes Calling About Your Delinquent Mortgage AFTER the Foreclosure

April 25, 2010

With change in the mortgage and real estate world still happening like the weather, consider this change that might be on the horizon.  Imagine you went though a foreclosure and left your home equity or 2nd mortgage lender hanging out there with thousands unpaid. 
Guess what?  This old debt is being sold to the dreaded debt [...]

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Here’s a List of Resources and Contacts to Help You Modify Your New Jersey Mortgage or Save Your Home From Foreclosure

March 14, 2010

If you can no longer afford your mortgage payment and need assistance and information to help you through the process, visit some of the sites below.  Information will be most critical as you work to stay in your home and/or lower your payment.  You must stay informed.  Do not depend or rely on anything or [...]

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New Jersey Buyers Can Now Purchase Foreclosed Properties Using FHA Financing w/o Regard to 90-Day Anti-Flip Rule

February 3, 2010

Effective February 1, 2010, a new policy goes into effect that will speed the resale of foreclosed properties to buyers in New Jersey and other states.
To help achieve the national goal of stabilizing home values and improving conditions in communities where foreclosure activity is high, Shaun Donovan, HUD Secretary, announced a temporary policy that will permit FHA [...]

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Help From Fannie Mae For Renters Living in Foreclosed Properties

August 31, 2009

Breaking News!! Renters in Fannie Mae-owned foreclosed properties can stay in their homes. This is such good news for renters.  For so long, renters have been ignored as the often complete innocent victim of the housing meltdown.  Now, a renter who wants to stay in a home that has been foreclosed can sign a month-to-month lease [...]

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