Foreclosure is one of the toughest financial challenges you can face. Not only does it threaten your most valuable asset, it also puts you at risk of having to exit the important place you call home. Luckily, home retention strategies abound that can help you save your home from foreclosure and even stay in the home with minimal damage to your credit. We’ve gathered the latest foreclosure news here so you can learn how foreclosure can be avoided and make plans to move forward with a home retention or graceful exit strategy that works best for your family.
May 25th, 2016 | Meghan Alard
If you’re facing foreclosure, you have a 5 to 1 chance to find a home retention solution that allows you to keep your home rather than forfeit it.
March 28th, 2016 | Meghan Alard
Mortgage modification could reduce your monthly payments and make your mortgage reflect your real property value; just be careful with new closing costs.
February 3rd, 2016 | Meghan Alard
Foreclosure filings were down significantly in 2015. What this means for homeowners who still haven’t take advantage of mortgage relief like HAMP and HARP.
November 26th, 2014 | Meghan Alard
The Federal Housing Finance Agency is hosting an outreach event in Miami, Florida to help connect struggling homeowners with payment assistance.
November 20th, 2014 | Joseph Cvelbar
Many homeowners are still struggling with underwater homes and negative mortgage equity, so why aren’t more people taking advantage of HARP to get relief?
November 3rd, 2014 | Meghan Alard
For every foreclosure sale closed in August, five homes were saved or sold off gracefully by the owners. Is this the final sign of the housing recovery?
March 29th, 2011 | Sam Simpson
Consumers face difficult financial decisions in paying bills. These days, more are inclined to reduce credit card debt than meet mortgage obligations.
Banking, Credit Cards, Foreclosure, Homebuyers, Housing
March 4th, 2011 | James Ramone
Despite the fact that the housing market has been unfriendly to consumers who are trying to avoid foreclosure, conditions for prospective buyers continued to improve at the beginning of March.
Banking, Foreclosure, Homebuyers, Housing
March 3rd, 2011 | Sam Simpson
While many residents of Western states continue to struggle with foreclosure, the number of homeowners facing eviction in Massachusetts fell in January.
Foreclosure, Homebuyers, Housing