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Loan Modification

: Loan Modification & Home Loan News

Another threat looming for homeowners after short sales, foreclosures

By Moe Bedard

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Before Larry Thomas unloaded his Pompano Beach home last fall for a fraction of what he paid, he cut a deal that will keep him from worrying about a huge debt hanging over his head. Thomas insisted that his lender, American Home Mortgage Servicing, agree not to come after him for the estimated $174,000 he still [...]

Full post as published by Loan Modification & Home Loan News on May 24, 2010 (boomark / email).

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Collapsing Short Sales Contribute To Continuing Flow Of Foreclosures

Law - "Foreclosures Pick Pockets of Homeowners Associations"

Banks Take Losses on Short Sales as Foreclosures Soar

Luxury Homeowners in U.S. Use Short Sales as Defaults Rise

Foreclosures Boost Sales, Drag Prices

Feds Issue "Guidance" To Speed Up Short Sales, Other Loan Mod Efforts In Effort To Tamp Down Foreclosures

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