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What is Loss Mitigation?

Foreclosure loss mitigation is an extremely important option for homeowners in a troubled housing market. Unfortunately, many do not know about the options that loss mitigation companies provide to allow you to overcome your current mortgage troubles. The goal of … Continue reading

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Loss Mitigation Programs

You have options even when it seems like nothing can save you from a bad mortgage. These programs are a coordinated effort between the federal government and the mortgage industry to assist borrowers in need. If you find yourself struggling … Continue reading

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Behind on Mortgage Payments? Don’t Wait. Do Something About It.

Many people miss one mortgage payment and shrug it off as a one-time thing. The next month predictably rolls around and nothing changes. Now, it’s two missed payments. And it only gets worse from there. Soon enough, the letters and … Continue reading

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The Short Sale Process

The short sale process is a real estate transaction where a financial agreement is made between a borrower who is unable to repay a loan amount that was taken against the property he/she owns and a lender who has given … Continue reading

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