Effective July 1, 2008, Connecticut established a mediation program for foreclosures. Statistics available for the latest period ending November 30 2008 reveal some interesting detail. Mediators are working diligently to rescue residential homes from the auctioneer. However, the program is missing important components.In the period of July 1st to November 30th, there were 9,917 foreclosures filed in the state, an average of 450 cases per week. In that period, mediators successfully negotiate

No Comments

Cris wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to help me to help others, there are easy and free things you can do, click here to learn how you can help. “Dear Steve, My husband and I moved to a rural town to semi-retire at the a

No Comments

AG sues 2 more housing services Pioneer Press, MN - Jan 29, 2009 … through a foreclosure assistance program with the city of St. Paul that they did not, in fact, qualify for a mortgage modification from their lender. … Minnesota sues mortgage advisers Minneapolis Star Tribune Attorney General Swanson files mortgage lawsuits Coon Rapids ECM Publishers Suggestions for consumers In-Forum all 83 news articles

No Comments

Mortgage Rates Close Above 5% On Weakening Bond Prices Learning Markets, CA - 16 hours ago Loan modifications are one tactic used by mortgage companies as an alternative to foreclosure. Modified loan terms may help a borrower stay in the home and …

No Comments

Mortgage Rates Close Above 5% On Weakening Bond Prices Learning Markets, CA - 16 hours ago Loan modifications are one tactic used by mortgage companies as an alternative to foreclosure. Modified loan terms may help a borrower stay in the home and …

No Comments