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Here's the recent articles submitted by nick adama

Articles By nick adama

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The Short Sale, A Misunderstood Transaction   By: nick adama
It's not unusual to find that most homeowners don't understnad what a short sale is. But the scary thing is, that most Realtors and mortgage brokers don't know much about them either. A short sale is a great way to avoid foreclosure when done correctly.(read entire article)
View : 267 Times
Category : Real Estate and Foreclosure

High Foreclosure Rates Creating More Crime And Disorder   By: nick adama
Neighborhoods hit hardest by the foreclosure crisis are experiencing the most serious erosion of public safety and rising crime related to abandoned properties.(read entire article)
View : 240 Times
Category : Real Estate and Foreclosure

Equal Credit Opportunity Act And Foreclosure   By: nick adama
Lenders who provide mortgage loans on a discriminatory basis may incur liability under the Equal Credit Opportunity Act, which punishes discrimination in credit. The Equal Credit Opportunity Act (ECOA) prohibits a variety of discriminatory lending.(read entire article)
View : 261 Times
Category : Real Estate and Foreclosure

The Foreclosure Crisis And How The Private Market Fell For The Bubble   By: nick adama
Foreclosure victims should be aware of the role of these private market professionals in taking advantage of the artificial boom in housing prices to impoverish borrowers.(read entire article)
View : 229 Times
Category : Real Estate and Foreclosure

The Fair Debt Collection Practice Act - How It Affects Foreclosure   By: nick adama
The Fair Debt Collection Practices Act (FDCPA) is a federal law that is designed to protect consumers of credit from abuse actions of collection agencies which are pursuing a debt. It provides numerous protections for homeowners.(read entire article)
View : 227 Times
Category : Debt

How The Fdic Made Some Of The Loans Currently In Foreclosure   By: nick adama
The government regulators were involved in the subprime market actually making loans long before the real estate boom turned into the housing bubble and then collapsed(read entire article)
View : 219 Times
Category : Real Estate and Foreclosure

Bankruptcy Foreclosure Cram-down Defeated, Banks Win Again   By: nick adama
When it comes to bankruptcy reform, the only type that the politicians and bankers like is changes which make it more difficult, more time consuming, and less efficient for borrowers and homeowners.(read entire article)
View : 342 Times
Category : Real Estate and Foreclosure

Three Common Ways To Stop Foreclosure - Pros And Cons   By: nick adama
When homeowners first begin to experience trouble paying their mortgage, in order to avoid foreclosure, they typically turn to one of three common options.(read entire article)
View : 254 Times
Category : Real Estate and Foreclosure

Needed Updates In The Obama Plan Will Now Include Second Mortgages   By: nick adama
New changes in the Obama Plan may help homeowners with second mortgages modify thier loan to a new lower rate. But there are still some holes in the plan will cause problems.(read entire article)
View : 244 Times
Category : Real Estate and Foreclosure

Why Banks Can Afford The Law, But You Can Not   By: nick adama
Banks love lawyers. In fact, they love them so much that, after lawyers themselves, the financial industry ranks highest in the amount of contributions made to political campaigns.(read entire article)
View : 198 Times
Category : Legal

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