Showing posts with label sell. Show all posts
Showing posts with label sell. Show all posts

Friday, March 18, 2011

GETTING HELP FROM FANNIE MAE...

We're here to help


If you're struggling to pay your mortgage, the newly created

Making Home Affordable Program may offer the help you need.




Fannie Mae Mortgage Help Centers



Check these Links for direct help from Fannie Mae.....

from Larry, Blog Founder

Wednesday, January 26, 2011

HAVE YOU RECEIVED A NOTICE OF DEFAULT ??


A Notice of Default is the notice sent out in non-judicial foreclosure states that alerts the borrower that the official foreclosure process has begun. It is also filed with the county recorders office and allows the notice of foreclosure sale to be published. What's so important is that this is the process in California, Nevada and Arizona (AZ is both judicial and non-judicial), which have three of the top four foreclosure rates. Last week an article from American Banker titled, 'New Point of Foreclosure Contention: Default Notice' circulated widely among the folks who follow the mortgage mess. It talked about how several lawsuits are now being filed contending that the Notice of Default process was flawed and the foreclosure therefore invalid.

As this article was circulating, a source pointed me to the fact that Notices of Default had dropped off dramatically since October, especially in California. In fact, Foreclosure Radar shows it quite clearly. Foreclosure Radar's Sean O'Toole wasn't ready to say the banks had cut off Notices of Defaults but did say, 'given the issues raised, we certainly wouldn't be surprised to see a slow down of foreclosure activity in non-judicial states.'

Monday, January 10, 2011

YOUR FORECLOSURE "RIGHTS"

Knowing Your Foreclosure Rights
Posted Tuesday, March 30, 2010 by admin Filed under: Foreclosures
Understanding what your foreclosure rights are and are not is an important part of being able to stop the foreclosure process. But where can you go to understand what your foreclosure rights are? What determines what those rights are?
There are a couple of different places that you can go to start to understand what your rights are in foreclosure. A good place to start is in your loan documentation. That describes, at least in part, what happens when you default on your loan with the mortgage company. While it does not describe in detail what happens in foreclosure, it at least gives you a starting place.
Another good place to go is your local or state resources. Every state has different foreclosure laws. Those laws greatly affect the timeline of your foreclosure and what your foreclosure rights are. In some states, these laws lean heavily towards the mortgage company and in others they are more in favor of you. Find out what those laws are so that you can do your best to protect your rights. Call your city, county or state to find out where you can go to know what the foreclosure laws are for your area.
Your rights are determined by a combination of what your loan documentation says and what the foreclosure laws are in your state. Look at your loan documentation closely and do the best you can to figure out what it means. If you cannot figure out what it means, find someone who can help you.
Once you understand that and the foreclosure laws in your state, you will have a much better idea of what your foreclosure rights are, how quickly your foreclosure process will move, and what you can do at each step of the process to try and stop it. Find out more at http://www.stopping-home-foreclosure.com/ForeclosureRights.html

Great info to help Slow down or STOP the Bank.

From Larry, Blog Founder

Thursday, December 16, 2010

BANKS GETTING BEAT UP !!!!!

It is unfortunate that the lawyers are getting paid by both sides (whats new?), but the Banks deserve this one. Read this great article by Harold Lear......

All foreclosure efforts on B of A and Chase homes involved in the suit are suspended.

Some of the nation's top trial lawyers have banned together and are secretly beating the banks. These are the lawyers who previously represented these very banks; the lawyers who -- for years -- have gone to Court and "ended the madness" for many clients; the lawyers who know their way around the courthouses better than anyone. Already, these lawyers have filed a mass joinder case in 2009 that remains pending against Bank of America (and Countrywide) and includes thousands of Californians. This case is now going national. These lawyers have invoked laws and procedures the banks were previously unaware of, and Bank of America is getting beat at their own game because of it. Two weeks ago, the Bank was forced to admit that it had been defrauding the government in foreclosing on mortgages nationwide. Furthermore, on October 4, 2010, the Honorable Manuel Real of the United States District Court called the Bank's primary argument "absurd" and kicked the Bank out of Federal Court. The case is now proceeding in the trial court, and the mass joinder of plaintiffs from around the Country is expanding. It may be that the Bank is unable to recover under any of their promissory notes, or that the Bank has made other errors that will cause other penalties to be levied against them.

Currently pending or contemplated to be file in the Superior Court of California, in the County of Los Angeles are the following cases: Bank of America, GMAC, JP Morgan/Chase, WaMu, Wells Fargo, Wachovia, OneWest Bank, IndyMac, Citibank and other lenders.

This is obviously excellent for homeowners but can also assist attorneys and loan modification companies as they can use the litigation as an escape from the loan mods.

As of 11/08 the attorney's have decided to offer this to the general public, as a result of my relationship with one of the law offices. I have been afforded the opportunity to assist in marketing this program. If you wish information regarding these stunning developments, or should you wish to be considered for involvement in this action, please call Harold Lear 858-945-1047, Client Relationship Manager

FYI: todate- 1 home free and clear and 9 NODs torn up by the court, all foreclosure efforts on B of A homes involved in the suit are suspended.


Please see link: http://mvipps.com/v-why.htmBy Harold Lear, Client Relationship Manager at Real Estate Solutions That Work