Category: Loan Modification

Current Events: Bank of America & Home Loans

The government continues to crack down on mortgage schemes today with news breaking that federal prosecutors have sued Bank of America, accusing the massive lender of carrying out a fraudulent home loan program. During the financial crisis, prosecutors say that BOA deceived the government by selling poor loans, without revealing the quality of the loans, […]

Citibank Mortgage Foreclosure Help | Citimortgage Loan Modification

As a loan modification and foreclosure defense attorney, many people ask me how they can get help to stop a Citibank or Citimortgage foreclosure. Although it can seem like a long and hopeless process, there are programs to assist Citibank borrowers and provide Citibank mortgage foreclosure help. Citibank Mortgage Foreclosure Programs Like most large institutional […]

New Laws in CA: Homeowner State Laws 2013

California may have some of the best homeowner state law protection in the country after last week’s introduction of the new legislation the Homeowners Bill of Rights. It was a win for struggling homeowners who praised the new laws in CA attention to lender misconduct over the past few years. The homeowner state laws 2013 […]

Homeowners Bill of Rights | January 2013

As we get closer to January 2013 when California’s new Homeowner Bill of Rights will take effect, we want to make sure you understand your rights and are prepared to take advantage of the benefits. It’s a monumental change to the foreclosure process; California is the first to enact homeowner protections like these at the state […]

Homeowner Costs: The Unspoken Reality of Hidden & Sunk Costs

Recently, we’ve talked a lot about the hard costs of owning a home. We’ve discussed the costs of borrowing money from the bank, interest rates, mortgages, second mortgages, and the varying value of your investment as the housing market declines and recovers. When faced with the unfortunate prospect of foreclosure, these hard costs are often […]

New Legislation in California: Homeowners Rights

This week marked a big legislative win for California homeowners. We’re celebrating it, and we’re here to help consumers understand its implications. Most importantly, the new California Homeowner Bill of Rights increases bank transparency and accountability, recalibrating the locus of control relating to foreclosures. In the past, Californians who contacted their banks were passed from […]