Download or read book Providing Alternatives to Mortgage Foreclosure written by Charles A. Capone and published by . This book was released on 1996 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Legislative and Regulatory Options for Minimizing and Mitigating Mortgage Foreclosures written by United States. Congress. House. Committee on Financial Services and published by . This book was released on 2007 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mortgage Foreclosure and Alternatives written by Damon M. Ellis and published by . This book was released on 2020 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Help for Homeowners Facing Foreclosure written by sylvia black and published by Sylvia Black. This book was released on 2020-01-28 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you have been laid off or are facing unemployment, you can keep your home - - if you know the right steps to take. If your family is facing any of these changes and cannot pay your bills, now is the time to look closely at what you owe and what you earn, eliminating unnecessary spending and reaching out for help if you still cannot meet your financial obligations. Taking action now can help you protect your family from the loss of your home. And Affordable Homes and Apartments can help. First and foremost, if you can keep your mortgage current, do so. However, if you find that you are unable to make your mortgage payments, you may qualify for programs that you may not know about. Even for the unemployed and senior citizerns and those with bad credit may qualify for many of these programs never before thought of. This book will give you information you need to help you save your home from foreclosure. The information contained herein is for informational purposes only and Affordable Homes and Apartments cannot guarantee approval of any program listed herein. The sooner you call; the sooner help is available. We buy houses for cash. so if you haven't been able to get the help you need or want give Affordable Homes and Apartments a call we may be able to purchase your home and help you save your home and your credit. The contents of this book are being provided for informational purposes only. It is not intended to provide legal advice and should not substitute for the advice of an experienced real estate attorney. Also, the links and references to web sites and organizations are provided for informational purposes only. Affordable Homes and Apartments do not endorse any specific organization or web site and does not suggest that one source should be utilized to the exclusion of another and cannot guarantee approval.
Download or read book Mortgage Foreclosure and Alternatives written by Damon M. Ellis and published by . This book was released on 2014 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Second Liens and Other Barriers to Principal Reduction as an Effective Foreclosure Mitigation Program written by United States. Congress. House. Committee on Financial Services and published by . This book was released on 2010 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Underwater written by Chris Lauer and published by Apress. This book was released on 2014-03-01 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Just about every month, housing values in the U.S. fall. That, in turn, increases the number of people who owe more on their houses than they are worth—either trapping them in homes they may no longer want or putting them in danger of financial catastrophe if they lose a job or are otherwise unable to meet the mortgage. Underwater: Options When Your Mortgage Is Upside Down offers valuable advice to homeowners on ways they can unload a house they no longer want, save a home from foreclosure, or undergo foreclosure and start anew. The book offers smart advice from lawyers, bankers, real estate agents, personal finance experts, and homeowners who have seen the foreclosure process firsthand, as well as those who have been able to save their homes through loan modifications and other creative methods. Those faced with tough choices will find invaluable guidance to help them make well-informed decisions while managing the emotional fallout each brings. Many of the eleven million people in the U.S. now facing the “underwater” dilemma wonder: Is staying put the only option? What if I can’t pay the monthly mortgage bill? Can I save my home? Underwater: Options When Your Mortgage Is Upside Down outlines the options—when foreclosure is a good idea, how to best protect the equity you've built up, the financial repercussions of going into foreclosure, strategies for renegotiating a loan, taking advantage of government programs designed to keep you happily housed, and more. Veteran financial journalist Chris Lauer provides the facts, ideas, and advice that can help any underwater homeowner—especially those facing foreclosure—make smart decisions for a better future.
Download or read book Providing Alternatives to Mortgage Forclosure written by United States. Department of Housing and Urban Development. Office of Policy Development and Research and published by . This book was released on 1996 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mortgage Foreclosure and Alternatives written by Jacalyn N. Kolk and published by . This book was released on 2005 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Growing Mortgage Foreclosure Crisis written by United States. Congress. House. Committee on the Judiciary. Subcommittee on Commercial and Administrative Law and published by . This book was released on 2009 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reducing Foreclosures written by Christopher Foote and published by DIANE Publishing. This book was released on 2009 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Takes a skeptical look at a leading argument about what is causing the foreclosure crisis and what should be done to stop it. The authors focus on two key decisions: the borrower's choice to default on a mortgage and the lender's subsequent choice whether to renegotiate or modify the loan. Unaffordable loans, defined as those with high mortgage payments relative to income at origination, are unlikely to be the main reason that borrowers decide to default. The efficiency of foreclosure for investors is a more plausible explanation for the low number of modifications to date. Policies designed to reduce foreclosures should focus on ameliorating the effects of job loss rather than modifying loans to make them more affordable on a long-term basis. Illustrations.
Download or read book Mortgage Foreclosure and Alternatives written by and published by . This book was released on 2016 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Housing Programs written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pursuant to a congressional request, GAO reviewed the Department of Veterans Affairs' (VA) loan termination process for VA-guaranteed mortgages, focusing on how changes in VA practices could reduce the number and cost of foreclosures. GAO found that: (1) VA lost $465 million on foreclosed homes it acquired and resold during fiscal year (FY) 1987; (2) VA predominantly used foreclosure to liquidate delinquent mortgages instead of such alternatives as compromise agreements, voluntary conveyance, and refunding; (3) VA typically did not collect foreclosure losses from the borrower; (4) VA generally did not consider the generally uncollectible foreclosure costs, interest costs on funds used to acquire and hold property, or price discounts on cash offers for sold properties, in making foreclosure decisions; (5) application of a GAO-developed model that incorporated those factors to typical properties in various regions indicated that refunding cost $10,420 less, compromise agreements cost $8,992 less, and voluntary conveyance cost $1,426 less than average foreclosure costs of $25,387; (6) VA could not always use such alternatives cost-effectively because of differences in state foreclosure laws, borrowers' individual financial situations, and the strength of local housing markets; and (7) private mortgage insurers, which generally guaranteed conventional mortgage loans in a manner similar to VA-guaranteed loans, tended to become involved with delinquent borrowers sooner than VA and used foreclosure alternatives more often than VA.
Download or read book The Foreclosure Workbook written by Carla Douglin and published by Morgan James Publishing. This book was released on 2009-01-01 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: America's #1 Do-It-Yourself Foreclosure Prevention Resource! Across the nation, foreclosures are on the rise due to designer mortgages, rising debt ratios, & depressed housing markets. Most homeowners have no idea where to find basic, credible, & instructional information about the foreclosure process, or what to do when facing the time crunch before an auction. The Foreclosure Workbook is a revolutionary system that provides an unprecedented approach to foreclosure avoidance, protection, & survival. This workbook presents a proven step-by-step process that guides the homeowner through the hurdles of foreclosure, & presents critical information about state procedures, foreclosure protection legislation, con artists, options, & much more! This is the one-stop resource that homeowners need with easy to understand facts & processes for how to maneuver through the onslaught of mail they receive, fight off foreclosure scams, & organize & prepare a plan for saving their home & credit.
Download or read book Foreclosure Prevention Loss Mitigation Specialist written by Kenney and published by Eiram Publishing. This book was released on 2011-03 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congratulations on your decision to enter the field of loss mitigation or expand your current industry skill set to encompass the details of loss mitigation, loan modification, or refinance options. Loss mitigation has long been an element within the banking industry. Present market conditions have caused this small segment of the industry to expand. This expansion presents you with an exceptional opportunity to enhance your career options. As a lender loss-mitigation expert, private loss-mitigation negotiator, or lender seeking career expansion through the processing of loss mitigation paper the newly expanded opportunity presented in loss mitigation specialization are unsurpassed in other, current career options. You will use your newly learned skills to Streamline the negotiation process between homeowners and lending institutions Maximize the negotiation position for the party for whom you work Facilitate fair and timely resolution to financial crises Ensure all parties achieve the loss mitigation results best suited to the situation Scrutinize the qualifications inherent to each homeowner and property to ensure that all loss mitigation resolutions achieve long term sustainability. Over the coming weeks, this coursework will provide you with the foundation of knowledge, tools, and skills that you need to bring each transaction to the most successful conclusion possible. The field of loss mitigation is an expanding arena that presents incredible opportunity for career expansion and growth. You will gain the ability to chart your own career path while ensuring that each day brings the satisfaction of knowing that your actions have increased the stability of the homeowner, the lender, and the national real estate market.
Download or read book Providing Alternatives to Mortgage Disclosure written by Charles A. Capone, Jr. and published by . This book was released on 1996-12 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on the steps that must be taken to protect conscientious homeowners who default on their mortgage loans because of temporary financial hardship. The wide purview of the report shows where we have been & where we must go in the future. Covers the operation of foreclosure laws & information on the work being done in government & in the private sector to help homeowners avoid losing their homes through foreclosure. Extensive discussion on foreclosure & bankruptcy law, & Federal mortgage insurance through the FHA & the VA.
Download or read book Foreclosure Investing For Dummies written by Ralph R. Roberts and published by John Wiley & Sons. This book was released on 2011-02-10 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical guide that helps you thoroughly research properties, so you know what you’re getting into before you buy or bid on a property With the housing bubble of recent years bursting and interest rates on the rise, there has been an upsurge in the number of foreclosures across the country, creating many opportunities for profit. But investing in real estate foreclosures can be a tough job, especially when a negative stigma is attached. How do you make money while preserving your morals and trust? Foreclosure Investing For Dummies shows you how to invest in foreclosures ethically without being accused of stealing homes from “little old ladies.” When you approach the process in a fair-minded way, presenting homeowners with various options and offering a reasonable price for their home, you can walk away with your integrity intact—and potentially a reasonable profit, too. This step-by-step guide helps you research property, find the best opportunities, purchase foreclosures, and avoid misleading distressed homeowners. If you’re committed to success, dedicated to mutually beneficial solutions, can treat foreclosure investing as business, and you can talk to people, this book is for you, but it doesn’t promise quick profits through minimal work. This book will provide you with invaluable information to become a successful investor, including how to: Identify opportunities and understand risks Obtain information, tools, support, and resources Locate properties prior to foreclosure Assist homeowners through the foreclosure process Acquire properties below market value prior to the auction Buy property at an auction, from lending institutions, and government agencies Repair, renovate, and sell or lease property A hands-on guide with tips and strategies for refinancing your property and maximizing your profits, this book also provides advice on how to assist homeowners, have them work with you, and avoid common mistakes. It even contains an appendix that covers foreclosure rules and regulations. It’s time to go out and make the most of foreclosure investing, and with Foreclosure Investing For Dummies by your side, your hard work and devotion will bring tons of success!
