According to recent reports by a foreclosure research firm, the national foreclosure activity was the lowest during the first quarter of 2012 as compared to the last quarter of 2009. The national records show that around 537,858 properties are facing some form of foreclosure and this figure was down by 18% since the first quarter…
Written by Charleston Foreclosure Defense Lawyer, Russell A. DeMott One of the things we’ve known for a long time is that foreclosure isn’t just bad for the homeowner; it’s bad for the community, the state, the country. Preventing foreclosure is good for all of us. It’s not about a free house! I hear this from…
Written by Charleston Foreclosure Defense Lawyer, Graves H. Wilson, Jr. Freddie Mac and Fannie Mae are now offering unemployed homeowners an extended forbearance, reducing or suspending mortgage payments for up to a year. This is an increase from the current program in which homeowners can apply for 6-month forbearance. This program is slated to start…