Archive for October 17th, 2008

Loan Modifications, Refinance and the Foreclosure Crisis

Friday, October 17th, 2008

The foreclosure crisis continues to ravage our economy with more lost jobs, reduced home equity from plummeting home sales and delinquent mortgage payments. Unfortunately, many people have the ability to make their home loan payment on time but they jumped on the loan modification train with their neighbors and stopped paying their mortgage in hopes [...]

Foreclosure Prevention Planning in Pittsburgh

Friday, October 17th, 2008

Judges, lawyers, social services advocates and mortgage bank representatives are working to create a regional program that will offer free legal services and counseling to homeowners facing foreclosure, allowing them to cut a deal with lenders and remain in their home.  The program was outlined Friday before Sen. Arlen Specter and Sen. Bob Casey at [...]