The following article will coincide with the previous post. Slowly but surely agencies are being formed to help homeowners.
http://tinyurl.com/yhn4mzf
Wednesday, October 28, 2009
Monday, October 26, 2009
Good Money After Bad
A good read on the 'Bailouts' TARP, Lack of Accountability etc.,etc.
Oct. 2009 Vanity Fair Page 204. http://tinyurl.com/yh63daz
Oct. 2009 Vanity Fair Page 204. http://tinyurl.com/yh63daz
Friday, October 23, 2009
Loan Modification Help, Check here!
Check out this website to assess if you can get your loans modified. The list of modifying agencies and specifics are all here. BEWARE OF ANY INSTITUTION ASKING FOR MONEY UPFRONT! This is usually a SCAM!!
http://www.hopenow.com/
http://www.hopenow.com/
Thursday, October 22, 2009
Reality of Current Loan Modification Programs
This is a very good summation of the current state of the modification programs. This is a very difficult time for many homeowners since the scenerio has mutated since the initial programs were set up. Take a close look and realize, yes, things are a'changin!
http://tinyurl.com/yfm2hq5
http://tinyurl.com/yfm2hq5
Thursday, October 1, 2009
Loan modifying attorneys under investigation.
Since the Loan Modification Program was announced and there was no set plan/program for these modifications to be implemented the following has been an all to common occurance.
The State Bar of California has recently launched numerous investigations against attorneys for misconduct related to loan modifications. In a rare move, the State Bar has released the names of 16 attorneys under investigation, by opting to waive investigation confidentiality in favor of public protection. These attorneys have allegedly taken fees for promised services, but failed to perform those services or even communicate with their clients who face the possible loss of their homes. Their non-attorney staff may also be under investigation for unlawfully practicing law.
Not all attorneys engaged in loan modifications are unscrupulous. However, this announcement from the State Bar serves as a good reminder for REALTORS® and their clients to be careful when dealing with attorneys and others for loan modifications. Scam artists may intentionally associate or affiliate themselves with attorneys in an attempt to lend credence to their fraudulent schemes. The list of attorneys currently under investigation is available at http://calbar.ca.gov/state/calbar/calbar_generic.jsp?cid=10144&n=96395.
The State Bar of California has recently launched numerous investigations against attorneys for misconduct related to loan modifications. In a rare move, the State Bar has released the names of 16 attorneys under investigation, by opting to waive investigation confidentiality in favor of public protection. These attorneys have allegedly taken fees for promised services, but failed to perform those services or even communicate with their clients who face the possible loss of their homes. Their non-attorney staff may also be under investigation for unlawfully practicing law.
Not all attorneys engaged in loan modifications are unscrupulous. However, this announcement from the State Bar serves as a good reminder for REALTORS® and their clients to be careful when dealing with attorneys and others for loan modifications. Scam artists may intentionally associate or affiliate themselves with attorneys in an attempt to lend credence to their fraudulent schemes. The list of attorneys currently under investigation is available at http://calbar.ca.gov/state/calbar/calbar_generic.jsp?cid=10144&n=96395.
Subscribe to:
Posts (Atom)