This week the L.A. Times reported that foreclosures are down from a year ago, and holding steady month-to-month throughout the U.S. An expert quoted in the article, CoreLogic executive Anand Nallathambi, said, “Since the foreclosure inventory is also coming down, this suggests that loan modifications, short sales, deeds-in-lieu are increasingly being used as an alternative […]
Nadya Suleman, otherwise known as “Octomom,” has filed for Chapter 7 bankruptcy protection. Suleman listed $50,000 in assets against up to $1 million in debts, according to papers filed April 27th. The mom of 14 has been out of work and struggling financially for years. Creditors listed include Verizon Wireless, Sparkletts, Indy Mac Mortgage, Orkin
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A recent article in the Press Enterprise states that homeowners are having difficulty refinancing their loans under the Home Affordable Refinance Program (HARP), a program under the government’s Making Home Affordable Program. HARP is a program designed to allow homeowners to refinance their homes into today’s lower rates despite their inability to meet traditional lending
Riverside Short Sale Attorney – Homeowners Struggle to Refinance Property Read More »
Will the $26 billion dollar settlement help homeowners? The short answer -Probably Not. I have had numerous clients ask me about the highly touted settlement involving the attorney generals and the major banks. Understandably, $26 billion sounds like it could potentially help a lot of people who want to stay in their home. However, a
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A recent article in the Press Enterprise states that home sales in the Southern California area have reached their highest level in the last 5 years. The article goes on to state that home sales have been spurred by cash buyers and investors looking for properties under $300,000. The article also shows that the average
Riverside Foreclosure Attorney – Riverside and San Bernardino Home Sales Up Read More »
Flagstar Bank is one of the largest banks headquartered in the midwest. It is also one of the larger mortgage lender and does a significant amount of business in wholesale mortgages. I recently had a client approach me with a home financed through Flagstar Bank. While the loan was a standard mortgage with Flagstar, it
The majority of my clients live in Riverside and San Bernardino County. Occasionally my clients refer me to people who live outside those area and I am happy to help those clients. If you like what you read and are considering modifying your loan with Chase, contact us today at (951) 801-5570. I recently obtained
Riverside Loan Modification Attorney-Chase Loan Modification in Orange County Read More »
In the last year and a half, I find that I spend a lot of time working with clients who are interested in a short sale to get out from under a property that is worth less than they owe. As you already know, a short sale is a process where the lender agrees to
Riverside Short Sale Attorney – Questions to Ask Before Agreeing to Short Sale Your Home Read More »
Wells Fargo Bank is the second largest bank in the U.S. in terms of deposits, home mortgage servicing, and debit cards. As one of the largest banks in the U.S., I am often asked about loan modifications with Wells Fargo. Like all of the larger banks, Wells Fargo is offering loan modifications to client. Our
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More and more clients are considering their litigation options when facing foreclosure in Riverside County. For many clients, litigation can be a great way to stop foreclosure and force a bank to accept an alternative to foreclosure as opposed to loan modification or bankruptcy. However, this process can be timely and involves the court system
Riverside Foreclosure Litigation – Cost of Foreclosure Litigation Read More »
