deed in lieu of foreclosure

Posted on: Wednesday, March 10, 2010
New Short Sale Program
New Short Sale Program

As of April 5th, the Obama Administration is adding a new Home Affordable Foreclosure Alternatives, HAFA, to its efforts to allow borrowers to avoid foreclosure through short sales or a deed-in-lieu of foreclosure option.

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Posted on: Friday, February 26, 2010
Home Sales Stall; CitiMortgage Forclosure Option
Home Sales Stall; CitiMortgage Forclosure Option

Continued weakness in the housing market has caused CitiMortgage, one of the nation’s biggest home loan servicers to rethink its foreclosure prevention strategy.

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Posted on: Wednesday, August 19, 2009
Deficiency Judgments Can Cause Lingering Grief
Deficiency Judgments Can Cause Lingering Grief

It’s all too easy to get disheartened about your mortgage difficulties and simply decide to pack up and walk away from your home, especially if your mortgage is now substantially greater than the value of your house.

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