Foreclosure While Current on Loan Modification Payments

After falling behind on mortgage payments, an Altadena family was relieved to have their lender, Ocwen Financial Corporation, agree to a loan modification allowing them to keep their home, or so they thought. The family had worked hard to submit all necessary documents and information to their lender and were eager to accept the loan […]

Does Your Foreclosure Qualify for Review?

We have good news to report for Americans who lost their homes due to foreclosure between January 1, 2009 and December 31, 2010. Federal authorities have launched a nationwide review of all foreclosures that occurred during this time period. This is one of the largest reviews of this nature launched the government. Homeowners are eligible […]

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 […]

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 […]

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 […]