Here's the recent articles submitted by nick adama
Articles By nick adama
High Foreclosure Rates Create A Huge Burden On Communities
By: nick adama
The process by which lenders were able to offload liability onto insurance companies and other parties has resulted in huge costs to communities across the country as foreclosure rates have skyrocketed and remained high.(read
entire article)
View : 233 Times
Category : Insurance
Every Foreclosure Impoverishes The Community By $20,000
By: nick adama
One of the consequences of building a business model on the assumption of perpetually rising housing prices is that, when those values stop rising and actually begin falling, it becomes increasingly difficult to stay in operations at the previous bubble level.(read
entire article)
View : 227 Times
Category : Business
Why Mortgage Servicing Companies Love Foreclosure
By: nick adama
While some borrowers have been successful defending their home due to the servicer or lender being unable to prove it holds the original note, not many people at all are aware of the fact that there are often three servicing companies involved in a foreclosure action.(read
entire article)
View : 217 Times
Category : Real Estate and Foreclosure
Getting On Top Of Your Finances By Getting A Loan Workout Plan
By: nick adama
Getting a loan modification is possible if you can prove that a lower mortgage payment will allow you to make timely payments. In many cases, a mortgage payment can be cut in half!(read
entire article)
View : 216 Times
Category : Business
Getting A Loan Modificaitonfrom Your Bank When You Are About To Lose Your Home
By: nick adama
Working with your lender or service to get a loan modificaiton is no longer as easy as it may seem. Here are some simple tips to help you get the results you need when negotiating with your lender.(read
entire article)
View : 219 Times
Category : Business
Foreclosure Tax Sales, Loan Modification, Delaying A Sheriff Sale, And More
By: nick adama
Besides the obvious issues and methods associated with stopping foreclosure, homeowners have a whole range of issues that they must deal with. From tax sales to how the government encouraged mortgage securities, foreclosure can be a complicated situation.(read
entire article)
View : 215 Times
Category : Real Estate and Foreclosure
Court Foreclosure Moratoriums And Loan Workout Plans
By: nick adama
Many people think Obama's bailout plan is going to stop their foreclosure. This is not the case and people need to start thinking rationally and take the steps needed to fix the situation themselves.(read
entire article)
View : 217 Times
Category : Real Estate and Foreclosure
Still Waiting On Obama's Bailout Plan To Stop Foreclosure
By: nick adama
Many homeowners are relying on Obama's bailout plan to help the foreclosure situation. They think everything is going to be fixed, when the reality is, homes are being lost even faster than ever!(read
entire article)
View : 217 Times
Category : Real Estate and Foreclosure
Recasting A Loan, Repayment Plans, And Charging Off A Mortgage
By: nick adama
Most homeowners are aware of the basic ways to stop a foreclosure - refinancing, obtaining a loan modification, selling the house, or filing bankruptcy. But depending on the circumstances, there may be more options available in special cases.(read
entire article)
View : 238 Times
Category : Real Estate and Foreclosure
Facts Every Foreclosure Victim Should Be Aware Of
By: nick adama
In the wake of Hurricanes Katrina, Rita, and Wilma in 2005, many agencies of the federal government imposed foreclosure moratoriums, including HUD, the VA, the Rural Housing Service, Fannie Mae, and Freddie Mac. New foreclosures were held off on, while foreclosures already going through the court system were postponed.(read
entire article)
View : 263 Times
Category : Real Estate and Foreclosure
