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Tag Archives: subprime mortgage crisis

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  2. Entries tagged with "subprime mortgage crisis"

New York Attorney General Sues Wells Fargo for Continued Foreclosure Abuses

Foreclosure NewsBy Russell DeMottNovember 13, 2013

Written by South Carolina Foreclosure Defense Attorney Kristina G. Pierce According to New York AG, Wells Fargo is still involved in foreclosure abuses In February of 2012, in an attempt to stop, or at least slow, foreclosure abuse and robo-signing practices, Wells Fargo, Bank of America, JP Morgan Chase, Ally Financial, and Citigroup entered into…

HARP refinance

Foreclosure Alternatives: HARP, Part One

Mortgage ModificationsBy Russell DeMottAugust 8, 2012

Written by Charleston Foreclosure Defense Lawyer, Kristina G. Pierce Are you under water or upside down on your mortgage and want to keep your home? If your home is in a state of negative or near negative equity (you owe more than it’s worth), you might consider applying for the Home Affordable Refinance Program, also…

Foreclosures on Rise in South Carolina

Foreclosure NewsBy Russell DeMottApril 19, 2012

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…

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…

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