“If they could not maintain their payments, they are back to square one,” Ron [...]
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“If they could not maintain their payments, they are back to square one,” Ron [...] Although the percentage increases in the number of loan modifications are huge, the numbers are not high enough yet to make a real [...] “If history repeats itself we will see a surge in the numbers over the next few months as lenders foreclose on delinquent loans where neither the existing loan modification programs or the new short sale and deed-in-lieu of foreclosure alternative works,” James A. [...] “Homeowners should not be ashamed to reach out for help,” Stephanie [...] I was on Channel 9 news this morning to talk about the story I wrote earlier that only about 1,000 people in Colorado have so far received permanent loan modifications. To check out the video, please visit this link. To read the original story, please visit this link. Contact John Rebchook at JRCHOOK@gmail.com or 303-945-6865. Share this: Few of the 650,000 people who have been given trial loan modifications, have seen their loans lowered [...] “I think people are much more sophisticated and aware of programs available to them than they were in the past,” Stephanie [...] “It’s just not possible for the housing market to recover fully until the inventory of foreclosed properties is significantly reduced…” Dave [...] The Colorado Division of Real Estate announced today it has revoked the license of two mortgage brokers, and ordered them to pay a total of $94,000 in fines. Stephen Benaske and Laura Stearnes, swindled a Michigan doctor through an Internet dating service, according to the division. The division permanently revoked the license of Benaske and [...] Foreclosure filings in Colorado could hit or exceed 40,000 filings this year, officials said today, following a report that tracked more than 12,000 foreclosure filings in the second quarter. “It is possible; it is not outlandish,” Ryan McMaken, who researched and wrote the second-quarter report for the Colorado Division of Housing. “The total for the mid-year [...] |
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