Fair Debt Collection Practices Act (FDCPA): What saves me from them?

Lenders are known for not playing by the rules. In many cases their underhanded tactics used to collect from consumers have become against the law with the passing of the Fair Debt Collection Practices Act (FDCPA) of 1966. The FDCPA is a federal law which governs the...

Fannie Mae: Commercial Loan Modifications …not just for Residential Markets!

Fannie Mae is always on the look out, like any servicer, for the best solutions that in the long run lose them the least amount of money. Commercial owners and owners of investment properties rarely see the benefits of these programs. Since October of 2009, a little...
MHA:What is the HAMP review? Frequently Asked Questions.

MHA:What is the HAMP review? Frequently Asked Questions.

Many different acronyms get thrown around frequently in the business world. The banking world being one of the largest cogs in private sector it is no wonder confronting your mortgage company and getting a clear understanding of what they are trying to say or who you...
MHA: Bank of America’s (and just about everyone else’s) spiel for Immanent Default.

MHA: Bank of America’s (and just about everyone else’s) spiel for Immanent Default.

Frequently our clients are concerned about approaching Bank of America to complete their immanent default interview, which happens prior to their falling behind, because they don’t know what to expect. It is important to know is that if you do not answer yes to...