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Tag Archives: homeowners

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  2. Entries tagged with "homeowners"

mortgage foreclosure

Foreclosure: They Just Don’t Get It!

Mortgage ModificationsBy Russell DeMottFebruary 3, 2012

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…

Unemployed Homeowners Offered Forebearance on Mortgage Payments

Foreclosure NewsBy Russell DeMottJanuary 25, 2012

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…

HAMP program

Foreclosure Alternatives: Home Affordable Modification Program (“HAMP”)

Mortgage ModificationsBy Russell DeMottNovember 23, 2011

Written by Foreclosure Defense Lawyer, Graves H. Wilson, Jr. Foreclosure alternatives are critically important these days.  More and more homeowners are finding that they are faced with the unhappy dilemma of having to decide whether to pay the mortgage or to feed the children. Several programs have arisen under the Obama administration designed to help…

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