San Diego Loan Modifications & Principal Reductions

Search San Diego County Foreclosures & Short Sales Implemented in February 2009 HAMP has only helped 933,000 homeowners nationwide reported by the Departments of Treasury and Housing and Urban Development. Housing and Urban Development Secretary Shaun Donovan, Assistant Treasury Secretary Tim Massad, and White House National Economic Council Director Gene Sperling recently held a press… Read More

San Diego Mortgage Loan Modification Scams

Search San Diego County Foreclosures & Short Sales Loan modification scams rated in the top 10 financial scams of 2011. BBB more than 20,000 scam complaints from people looking for mortgage modifications. There are tons of people out there taking advantage of distressed homeowners. Joy Bender knows the intricacies of the luxury real estate market… Read More

Fannie Mae Freddie Mac Forbearance Program For Unemployed

Search San Diego County Foreclosures & Short Sales Fannie Mae beginning March 1st and and Freddie beginning February 1st will begin implementing “forbearance” programs on loans either owned or securitized. It is mandatory for servicers to forbear a homeowner in the even of a job loss for 6 months without advance permission. The servicer will… Read More

Freddie Mac Expands Forbearance

This is only a temporary 1. Freddie Mac must own your mortgage. Contact me to assist you with 2. Contact Servicer to apply if you have been unemployed for less than 6 months 3. If you have been unemployed for longer than 6 months you must get approved by Freddie Mac directly once you are… Read More

Fannie Mae And Freddie Mac Say No To Principal Reduction For San Diego

If your loan was bought and held or securitized by Fannie Mae and Freddie Mac they will not agree to principal reductions for your home in San Diego. Fannie and Freddie are now under government control and guarantee more than 70 percent of the country’s home loans. These policies against debt forgiveness, or principal reduction,… Read More

San Diego Loan Modification Class Action Mass Joinder Lawsuit

Search San Diego County Foreclosures & Short Sales Praying on desperate San Diego homeowners who were looking for a last-ditch option to stay in their homes, attorneys and law firms have mailed out 2 million mail pieces in at least 17 states charging homeowners for participations against their lenders . The CA Department of Justice… Read More

Freddie Mac Principal Reduction Loan Modification For San Diego

Search San Diego County Foreclosures & Short Sales Struggling homeowners that have Freddie Mac mortgages will have a new opportunity for loan modifications beginning next month. The new option is called a Standard Modification. It is intended for borrowers who are ineligible for a Home Affordable Modification Program (HAMP) loan modification, or have previously defaulted… Read More