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The five (mental) stages of foreclosure (Foreclosure Week)

By Mark Ireland

There are two parties in foreclosure: the homeowner and the lender. At any given time, either of these parties in foreclosure may be at one of the five stages of the foreclosure crisis as outlined below. If you are an attorney, housing counselor, family member, lender or the person in foreclosure, you need to quickly determine [...] Related posts:

• What to do instead of waiting for a notice of foreclosure
• Focus on Foreclosure claims a “WIN-WIN Solution”
• Foreclosure prevention: rescission


Full post as published by Caveat Emptor on March 16, 2009 (boomark / email).

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GMAC Faces Class Action over Foreclosure Abuses
GMAC Faces Foreclosure Abuses Class Action

Bank of America Faces Class Action over Mortgage Foreclosure Practices
Bank of America Faces Class Action over Mortgage Foreclosure Practices

Class Action Filed Against Banks in Foreclosure Proceedings
Class Action Filed Against Banks in Foreclosure Proceedings

Countrywide Financial Corp.
allegedly charged borrowers improper foreclosure fees.

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