We help clients stop foreclosure — and we help people determine the best exit strategy for preserving their credit ratings and making a fresh start. Depend on Us Our attorneys and staff work for you, and we want the best outcome in your foreclosure defense case. This can involve talking through your overall financial situation [...]

If you are facing foreclosure on your home, commercial, or vacation properties, you need to understand all your legal options. An aggressive, knowledgeable attorney can provide insight and options and avoid consequences which a layperson might have thought inevitable. Many people now facing foreclosure were the targets of mortgage lenders’ unsavory and possibly illegal practices. [...]

By THE NEW YORK TIMES December 26, 2009 The author of the Craigslist posting in Las Vegas made no effort to disguise his or her intentions. “Stripping House — Before Foreclosure,” the ad declared, offering potential buyers the cabinets and countertops, the sinks and toilets, the doors, the appliances, the sprinklers. Even the palm and [...]

While everyone was celebrating the New Year, I was thinking, “My foreclosure is happening soon. This year my children and I will be evicted from our home.” My situation is due to an ex-husband who didn’t keep up his end of the Divorce Agreement – something that has happened to a lot of people I’m [...]

MORTGAGE UNIT TROUBLES ALLY FINANCIAL WHEN General Motors was bailed out, the government sank $17 billion of taxpayers’ money into G.M.’s troubled finance arm, GMAC. Three years on, we’re still waiting for the payback. While the Treasury Department sold most of its holdings in G.M. last year, it unloaded only a small portion of its [...]

“The banks never want to take ownership,” he said. “They have to pay the fees going forward. The costs are considerable.” Even McGrady, the Pinellas-Pasco judge, believes money is behind the canceled sales. “After a while, you begin to question their motives,” the judge said. ~ CANCELED FORECLOSURE SALES SADDLE NEIGHBORS, HOAS WITH EXPENSES The [...]

Standard & Poor’s is frozen out of the commercial-mortgage bond market by the biggest underwriters after derailing a $1.5 billion sale by Goldman Sachs Group Inc. (GS) and Citigroup Inc. last July. Since then, those banks along with JPMorgan Chase & Co. (JPM), Deutsche Bank AG and Morgan Stanley have bypassed S&P’s credit ratings as they issued $11.3 billion [...]

CoreLogic has released its National Foreclosure Report for March 2012, which provides monthly data on completed foreclosures, foreclosure inventory and 90-plus day delinquency rates. There were 69,000 completed foreclosures in March 2012 compared to 85,000 in March 2011 and 66,000 in February 2012. Through the first quarter of 2012, there were 198,000 completed foreclosures compared [...]

While the national foreclosure inventory decreased year-over-year last month, New York and New Jersey were a couple of the states that saw an increase, putting them among the five states with the highest foreclosure rates, according to data released today by CoreLogic. Florida ranked first with a 12.1 percent foreclosure inventory rate, New Jersey came in [...]

May 1 (Reuters) – Slightly more foreclosures on U.S. homes were completed in March compared to the month before, though levels were still below those seen a year ago, data analysis firm CoreLogic said on Tuesday. There were 69,000 completed foreclosures in March, up from a revised 66,000 finished in February, but down from 85,000 [...]

The foreclosure rate ticked up slightly in March, but remains well below its rate of one year ago, according to new data released today. A total of 69,000 U.S. homes were lost to foreclosure in March, according to the monthly CoreLogic National Foreclosure Report, up from 66,000 in February. At the same time, the mortgage delinquency rate [...]

By Michael Kraus on May 1, 2012 Today CoreLogic published its National Foreclosure Report for March.  They found that 69,000 homes were lost to foreclosure in March, down from 85,000 in March 2011, but up slightly from 66,000 in February.  In total, 198,000 homes were repossessed in foreclosures in the first quarter of 2012, down from 232,000 in [...]

CHICAGO, IL–(Marketwire – Mar 29, 2012) – Recent updates to a key TransUnion study found that in 2011 consumers were more likely to pay their auto loans before their credit cards and mortgages. This insight was gained through TransUnion’s Payment Hierarchy study update, which also found that the divergence in payment patterns — where consumers [...]

  Millions of Americans have been slammed by the decline in housing prices and the foreclosure crisis that followed the 2008 financial collapse, but a new report from First Focus and the Brookings Institution shows that there is one group of victims that has largely been ignored. According to the report, more than 8.3 million children are [...]