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Recent Posts in HAMP Category

Loan Modification Tips from our Legal Assistant Lynn Conway

Home Mortgage Modifications can be a huge asset to homeowners that have fallen behind on their mortgage. Applying can be very frustrating but with determination and perseverance a home owner can save ...
Continue reading "Loan Modification Tips from our Legal Assistant Lynn Conway" »

FHFA Director Praises Principal Paydown Plan as "Promising" and "Credible"Pledges to Provide Members an Assessment in Two Weeks

Dear NACBA Member, I am pleased to report that NACBA’s “principal paydown plan,” designed to help struggling homeowners in chapter 13 save their homes from foreclosure, is now under ...
Continue reading "FHFA Director Praises Principal Paydown Plan as "Promising" and "Credible"Pledges to Provide Members an Assessment in Two Weeks" »

Homeowners Need Help -- from the New York Times

Homeowners Need Help Neither Congress, nor federal regulators, nor state or federal prosecutors have yet to conduct a thorough investigation into the mortgage bubble and financial bust. We welcomed ...
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"NATIONAL ASSOCIATION OF CONSUMER BANKRUPTCY ATTORNEYS ISSUES RESPONSE TO OBAMA ADMINISTRATION PLAN TO SELL VACANT AND ABANDONED PROPERTIES IN FORECLOSURE"

Dear NACBA Member: We wanted to let our members know that NACBA issued the following press release late last week: NATIONAL ASSOCIATION OF CONSUMER BANKRUPTCY ATTORNEYS ISSUES RESPONSE TO OBAMA ...
Continue reading ""NATIONAL ASSOCIATION OF CONSUMER BANKRUPTCY ATTORNEYS ISSUES RESPONSE TO OBAMA ADMINISTRATION PLAN TO SELL VACANT AND ABANDONED PROPERTIES IN FORECLOSURE"" »

Bankruptcy Can Provide Leverage to Underwater Homeowners

Bankruptcy Can Provide Leverage to Underwater Homeowners The Washington Post recently reported that the Obama administration is not planning another large federally funded program to relieving the ...
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Rental Property - Mortgage Cram Down - Reduce your principle balance on your mortgage loan

Rental Property - Mortgage Cram Down - Reduce your principle balance on your mortgage loan In a chapter 11 or 13 bankruptcy you may be able to reduce the outstanding principle balance on your mortgage ...
Continue reading "Rental Property - Mortgage Cram Down - Reduce your principle balance on your mortgage loan" »

Home Loan Modification Fact Sheet – HAMP

Please click the link to see the HAMP fact sheet. http://www.justice.gov/ust/eo/public_affairs/consumer_info/docs/HAMP_Fact_Sheet.pdf
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