Recent Posts in Foreclosure Category
Posted on Jan 24, 2012 By Chris Forrest
Do you feel guilty about considering a strategic default? Does it make you a bad person? An unethical person? Absolutely not. Voluntarily defaulting on a mortgage is not immoral or unethical. Ethics ...
Continue reading "Is Strategic Default Unethical?" »
Posted on Aug 1, 2011 By Chris Forrest
You may think that only a small percentage of Americans would ever consider walking away from their mortgage. You may believe that only people lacking in financial responsibility would ever consider ...
Continue reading "Who is Most Likely to Strategically Default?" »
Posted on Mar 1, 2011 By Chris Forrest
Homeowners in distress are easy prey to unscrupulous companies who aggressively market a wide range of foreclosure rescue and mortgage modification services. many of these companies also claim to be ...
Continue reading "The Forensic Audit Scam" »
Posted on Mar 1, 2011 By Chris Forrest
HSBC Bank USA and HSBC Finance Corp. have stopped all home foreclosures until further notice and may face regulatory fines for deficiencies in their servicing and foreclosures procedures. In a ...
Continue reading "HSBC Bank Halts Foreclosures" »
Posted on Apr 22, 2010 By Chris Forrest
The Obama administration's new Home Affordable Foreclosure Alternatives (HAFA) program provides new options for struggling homeowners. The HAFA program took effect on April 5, 2010, and is currently ...
Continue reading "New Rules for Mortgage Modifications and Short Sales" »