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Tag >> Homeowners Act

Legislation to Help Homeowners

Posted by: Investors Lounge Online in Sub Prime Lending, Recession, Pre Foreclosure, Market Bubble, Legislation, Homeowners Act, Foreclosure, Economy, Bankruptcy on Aug 01, 2008

The new law or Hope for Homeowners Act of 2008, signed by President Bush is aimed at attempting to save 400,000 struggling homeowners from foreclosure and possibly losing their homes. The following expands upon exactly what the law entails and who will benefit the most from such legislation. There are many concerns that arise out of the current situation and the actions trying to remedy the

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Do You Qualify For A Loan Workout?

Posted by: Investors Lounge Online in Short Sale, Refinance, Recession, Pre Foreclosure, Mortgage, Market Prediction, Market Bubble, Loan To Value, Legislation, Investment, Homeowners Act, Foreclosure, Financing, Economy, Bankruptcy on Jul 11, 2008

Like holding your breath underwater, homeowners facing foreclosure are desperate for air. While the solution of coming up and taking a breath seems simple, the work needed to get out of water can be a challenging journey. Many struggling homeowners face the journey of avoiding foreclosure and seek help to prevent it, thus beginning the quest loan workouts and restructuring.

When the pressure

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