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Proven Ways To Help You Stop Foreclosure

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Proven Ways To Help You Stop Foreclosure

While you cannot stop a foreclosure with talking alone, the lender will see that you are putting effort into saving your home and paying your loans. Lenders and their lawyers are people who like to see action more than talking about what is going to happen. If you can show these people that you will do everything in your power to see that your loan is repaid, they will be willing to work with you. ...

Published Thu, Jan 01 2010 2:51 PM by Shirley Torres

Filed under: Foreclosure Prevention
Making Obama's Foreclosure Plan Work

The question is one of trust. For nine months our trade group has been lobbying Congress and the GSE's to use such a work force but the question is always asked; how can we trust you guys, the mortgage industry that sold all these bad mortgage products and the modification industry that is just out there to scam the trouble homeowner? ...

Published Wed, Sep 09 2009 2:45 PM by Steven Gillan

Filed under: loan modification, MHA, Foreclosure Prevention, Foreclosure

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Mortgage Rates:

30 Yr FRM 3.89%
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15 Yr FRM 3.25%
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Jumbo 30 Year Fixed 4.12%

MBS Prices:

30YR FNMA 4.5 106-21 (0-01)
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30YR FNMA 5.0 108-01 (0-01)
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30YR FNMA 5.5 108-29 (0-01)

Recent Housing Data:

Mortgage Apps 23.07%
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Refinance Index 26.40%
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Purchase Index 10.33%

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