Author name: De Novo Law Firm

Short Sale Attorney in Riverside – Questions to Consider Before a Short Sale

This blog previously discussed the effects that the expiration of the Mortgage Debt Relief Act will have on short sales and property values around the country.  However, that does not automatically mean that a short sale is the best option for you and your home.  Although I previously published these questions, consider the following before […]

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Loan Modification Attorney in Riverside – Popular Community Bank Loan Modification

I am often asked about loan modifications for banks outside of the major banks (i.e. Chase, Bank of America, and Wells Fargo).  We have had success in obtained a loan remod with both big and small banks alike.  We recently obtained a modification for a client who had a line of credit with Popular Community

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Riverside Short Sale Attorney – Mortgage Debt Relief Act Set to Expire

De Novo Law Firm has helped numerous Riverside and San Bernardino property owners short sale their home.  If you are seriously underwater on your home and delinquent on payments, a short sale attorney can help you determine the legal and financial consequences of a short sale.  A short sale is a sale of your property

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Riverside Loan Modification Attorney – Bank of America Modification with Principal Reduction

De Novo Law Firm recently obtained a loan modification for a client with a first mortgage with Bank of America.  Bank of America has been offering more principal reductions for clients as part of the state attorney generals’ settlement with major mortgage servicers.  Our client owns a home in Glendale, California and was significantly upside

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Riverside Bankruptcy Lawyer – Debt Settlement vs. Bankruptcy

I posted an article on debt settlement vs. bankruptcy several months ago but I think it bears repeating.  If you are struggling with debt and are considering your options to eliminate that debt, understand the true costs and pitfalls of debt settlement.  The New York Times, MSN Money, Fox Business, CNBC, and many others have

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Riverside Loan Modification Attorney – Bank of America Loan Modification with Principal Reduction

Principal Reduction Modification with Bank of America Although principal reduction is rare for a loan modification, we have been successful in obtaining loan modifications with principal reduction for our clients in Riverside County.  A recent loan modification we obtained for a client saved the clients both on their monthly payment as well as significant principal

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Loan Litigation Attorney – Wells Fargo Faces More Fines for Mortgage Fraud

As Riverside Foreclosure Attorneys, we often read about the potential settlements between banks and large investors.  A recent article on CNN points out that Wells Fargo faces new fines for lending law violations.  Wells Fargo has announced potential “legal costs” of $1 billion for its violation of lending laws by its mortgage division.  Although the

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Riverside Loan Modification Attorney – Rents soar as foreclosure victims seek housing

Critics of loan modification wonder why homeowners would stay in a home when the mortgage is underwater or they are having trouble affording the payment.  A recent article in the L.A. Times highlights one of the major reasons our firm helps homeowners seek loan modification – because they can’t afford to go anywhere else. The

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Riverside Foreclosure Litigation Attorney – Homeowner Bill of Rights in California

ABC 7 recently reported on a homeowner who did everything she could to keep her home. Like so many Californians, after losing her job, Monica Kenney did everything she could to keep her home, even applying for a loan modification. She thought she got good news last summer. “Essentially, I received a forbearance agreement on

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