mortgage loan default Archives - ResourceShark Blog

Is the Foreclosure Moratorium Extended?

If the Foreclosure moratorium is extended, why is my lender still threatening to foreclose?

Know the Foreclosure Process and Your Rights

When you are worried about Foreclosure, the unknown creates fear. For your own peace of mind, learn the process and know your rights.

How Much Foreclosure Relief Can you Expect?

with largest unemployment numbers since the great depression, what are lenders really doing to help homeowners who can’t pay the mortgage?

The Consequences of Foreclosure You May Not Know About

Is your mortgage in default, but you are trying to fight foreclosure? It takes endurance, drive and focus. Sometimes homeowners wonder if it is worth the fight. Only you can decide whether keeping the home makes more sense than letting the lender take back the property to satisfy the debt, if that even really satisfies…

Hidden Housing Crisis

In the housing crisis over a decade ago, the government stepped in with mortgage loan modification plans to mitigate the U.S. housing crisis. It looked like the federal government saved the day and that the recession would soon be gone. A Mortgage loan modification permanently changes the terms of the mortgage loan. This could be…

When Your Lender is Threatening to Take Your Home, Fight Back

When you miss payments on your mortgage you can go into default. Your lender may then begin the foreclosure process. Normally, in NY your lender would send out an acceleration notice. demanding payment of the entire outstanding loan balance. While this is frightening, if the homeowner can pay the missed payments, the bank may agree…

8 Steps to Survive Loan Default

If you are unable to make your mortgage payments, take these steps to reduce the stress in a mortgage default or foreclosure.

Experience Makes the Difference at WrongfullyForeclosed.com

Lenders know how to reduce their foreclosure losses when a mortgage loan defaults, but you are still exposed.