Mortgage Robo Signing | Government Lawsuit Against Banks

Mortgage Robo Signing In 2010, it came as a terrible shock to learn that financial lenders, such as bank giants JP Morgan Chase, Bank of America and Wells Fargo, were submitting falsified, unverified or otherwise fraudulent foreclosure paperwork in court. Banks were routinely using affidavits signed by employees who either didn’t review the documentation as […]

California: The State of the Housing Market

The end of summer has brought some relatively good news to the housing market. Data shows that home prices are starting to increase, improving conditions for underwater borrowers who owe more on their homes than these properties are worth. CoreLogic estimates that many underwater borrowers have homes that are worth only about 5% less than […]

Stop Foreclosure | Save Home

With foreclosures at all time highs throughout the county, many homeowners are asking how to stop foreclosure and save their home. There is so much questionable information circulating today about how to stop foreclosure and save homes, we thought it would be a good idea to put together a list of your most likely options […]

Short Sale vs. Deed in Lieu | Alternatives to Foreclosure

A short sale and a deed in lieu are two common alternatives to foreclosure.  Depending on a person’s circumstances and objectives, one option may be better than the other.  Below is a description of both options and a comparison of the pros and cons of  both short sale and deed in lieu of foreclosure. Short […]

Will Bankruptcy Stop Foreclosure? | Does Bankruptcy Stop Foreclosure?

As an Orange County and Los Angeles bankruptcy attorney, many people ask me, “Will bankruptcy stop foreclosure?” or “Does bankruptcy stop foreclosure?” The good news is, bankruptcy will stop foreclosure. There are two common ways a homeowner can file bankruptcy, chapter 7 and chapter 13. Foreclosure is affected differently by each, but will stop once […]

Foreclosures Cause Home Prices to Drop

The price of homes in the United States has continued to plummet in the first three months of 2011, falling 4.6% since the end of 2010. According to the National Association of Realtors (NAR) the median price of a single family home has dropped to $158,700. Houses were not the only properties to suffer a […]