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Loan Modification

: Loan Modification & Home Loan News

What are the ramifications of foreclosure?

By Moe Bedard

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Many homeowners want to know the ramifications that a foreclosure will have on their credit and most importantly, their lives. The facts are that a foreclosure is definitely not the end of the world and it isn’t really going to change your life that much in the long term. Yes, the short term effects will suck, [...]

Full post as published by Loan Modification & Home Loan News on June 09, 2009 (boomark / email).

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Bank of America Faces Class Action over Mortgage Foreclosure Practices
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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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