Thursday, July 7th, 2011
The property that once belonged to a rapist doctor is now in the hands of new owners – a corporate firm. Their plan is to demolish the building that was once a landmark but scarred with horrific memories of the pervert. The demolition is held up because of personal possessions of the doctor housed in the complex.
Sunday, February 13th, 2011
In Delta, Ohio, local homeowners are up in arms against foreclosures. Thousands of homeowners across America who are threatened by foreclosures are now using the weapon of “who holds the note” to retain their homes. Homeowners are wondering how a judgment can be made without the plaintiff having the legal standing.
Monday, January 17th, 2011
A miracle took place to save a church (Faith Outreach Center Church) from the clutches of foreclosure. A couple had bought a property to spread their ministry not knowing that it was foreclosed. But they got help from unexpected quarters in the form of a donation from anonymous benefactor.
Tuesday, January 4th, 2011
Homeowners have been gaining time by posing the crucial question about ownership of the mortgage note. Defaulting borrowers will ultimately lose their homes but raising this question gives them time and a tool to make the banks consider modification. Recently more borrowers are following this line following the robo-scandal exposure.
Wednesday, December 15th, 2010
Tweet General economy will be hampered if underwater borrowers avoid foreclosures and continue to pay. A majority who have jobs are faithfully paying their mortgages although underwater. In theory they could walk off and stop payments but it would ruin their credit etc. For the economy in general this is not good. The money could [...]
Tuesday, November 23rd, 2010
Tweet GMAC together with Bank of America has kicked off foreclosures after lifting the freeze. It is being taken as a counter attack against fraud allegations. The steps were taken last Monday 18th September. Bank of America restarted over 100,000 foreclosure operations saying that it had not found any major defects in the manner in [...]
Monday, September 6th, 2010
Tweet Obama’s foreclosure prevention plan is leaving out about half of its participants. 1.3 million had registered for this iconic mortgage relief program but about half received any form of benefit from it. The intention was to reduce the monthly payments of house owners threatened with foreclosure. The report released by the Treasury on Friday [...]
Tuesday, August 24th, 2010
Tweet If you are on the first foreclosure, you may be asking yourself if you should just file bankruptcy to avoid it. Filing a chapter 13 bankruptcy can delay a foreclosure permanently if it is done correctly. When petitioning the courts for a chapter 13 bankruptcy, a payment arrangement would be set up. As long [...]
Saturday, August 21st, 2010
Tweet In southern Nevada out of ten residential houses one is in foreclosure. The officials of the local administration are giving out warnings that the consumers should be on the alert as scammers are on the prowl to take advantage of this dire situation. At every stage the officials are battling the issue. Officials of [...]
Sunday, August 15th, 2010
Tweet Right through South Florida the HOAs or home owners associations are becoming aggressive and putting up a fight regarding maintenance of their properties. The situation is grim in the aftermath of the greatest crisis since the last Great Depression. New legal measures and sweeping changes in condo reform bill will empower the boards hit [...]