Should I intentionally miss mortgage payments to qualify for loan modification?
No, you should never intentionally miss a mortgage payment with the intention of qualifying for loan modification. Especially in light of this Boston Globe article about a couple that tried that strategy. They were told they couldn’t qualify for a loan modification unless they were 50 days late on their payment, so they just waited […]
Las Vegas Foreclosures: Mortgage companies make mistakes too
If you’ve received a foreclosure notice in Las Vegas, or you’re worried about the possibility of foreclosure, your mortgage company can seem rather intimidating. They’re big, hard to talk to and give the appearance of being infallible. But the reality is that they do make mistakes. And if you’re working with good bankruptcy attorneys in […]
Bankruptcy process reveals abuses and incompetence of mortgage companies
If you think you’re unhappy with your mortgage company, you should hear some of the things that bankruptcy judges and the U.S. Department of Justice are saying about mortgage companies and mortgage servicers. Increasingly, legal rulings by bankruptcy judges and U.S. Justice Department officials about mortgage companies are using terms like “systemic abuse,” “reckless” and even […]