Mortgage Tips, Tricks & Secrets

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Entries Tagged as 'Foreclosure'

Has Barack Obama Foreclosure Program Made Inroads in Its Plan to Help Homeowners?

February 28th, 2010 · No Comments · Foreclosure

The crux of he foreclosure avoidance plan of the President is to obtain $75 billion from the funds that have been earmarked by Congress for bailing out the financial services industry and use it instead to combat the rising number of foreclosures.  The Barack Obama foreclosure prevention initiative has three primary components and these are […]

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The Connection Between the Commercial Loan Review and Loan Modification

February 19th, 2010 · No Comments · Foreclosure

http://www.commercial-modification.com

The commercial loan review has opposite meanings for the the borrower and the lender when they are preparing to negotiate for a  restructuring of the debt.  The loan workout is supported by financial regulators, such as the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, because they realize that this kind of deal will […]

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