by Gregg M. Paley | Jun 8, 2012 | Banks, Defend Your Lawsuit, Foreclosure Defenses, Foreclosure Process, Loan Modification, Mortgage, Short Sale, Strategic Default
Who owns your mortgage? What a dumb question – the bank owns my loan and their contact information is at the top of the bill I get each month! Sorry, wrong answer and one of the many reasons why the Foreclosure Process is so confusing. Read on and we’ll...
by Gregg M. Paley | May 18, 2012 | Banks, Deficiency Judgements, Mortgage, Short Sale, Strategic Default
There are many things you can do to improve the chances of short sale approval. In fact, by doing a little basic research about your home’s current value and learning all you can about the Foreclosure Process you’ll make a proposal that will...
by Gregg M. Paley | Apr 21, 2012 | Banks, Foreclosure Process, Mortgage, Your Second Mortgage
What happens to your Second Mortgage in foreclosure is a rarely discussed topic but an important one nonetheless, especially for your post-foreclosure plans. Although many homeowners have second mortgages, which include lines of credit and home equity loans, very few...
by Gregg M. Paley | Apr 1, 2012 | Banks, Default Notice, Foreclosure Defenses, Foreclosure Process, Mortgage, News, Stress
The recent foreclosure crisis has resulted in numerous disclosures of illegal and unethical actions by banks, loan servicing companies and many lawyers representing these companies that would have been hard to believe years ago but now seems to be more the rule than...
by Gregg M. Paley | Feb 25, 2012 | Banks, Featured, Foreclosure Process, Loan Modification, Mortgage, News
All your problems are over as a result of the recent Nationwide Foreclosure Settlement. Not. Anticipated for months and widely heralded by banks, government officials and many media outlets as a landmark settlement agreement that will help end the foreclosure...