by Michael Parker | Jan 22, 2012 | Bankruptcy, Bankruptcy Laws, Foreclosure, Foreclosure Assistance
Many people call a Chapter 13 filed on the dawn of a foreclosure sale an emergency Chapter 13. However, it would be more accurate to call it an incomplete Chapter 13. An emergency Chapter 13 Bankruptcy is often done in order to stop the sale of a property at the very...
by Absolute Consultant Group | Nov 19, 2010 | Foreclosure, Foreclosure Assistance, foreclosure laws, Foreclosure News, mortgage assistance, Mortgage Fraud, Mortgage Help, Mortgage News, News
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...
by Absolute Consultant Group | Oct 28, 2010 | fannie mae, Foreclosure, Foreclosure Assistance, foreclosure laws, Foreclosure News, Foreclosure Numbers, Foreclosure Postponement, Foreclosure Rise, Loan Modification, Loan Modification Help, mortgage assistance, Mortgage Help, REO
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...
by Absolute Consultant Group | Sep 7, 2010 | B of A, BAC, BAC Home Loan Servicing LP, BAC Home Loans Servicing, bank of america, BoA, Countrywide, Foreclosure, Foreclosure Assistance, Foreclosure News, Foreclosure Postponement, Foreclosure Rise, HAFA, Making Homes Affordable, mha, mortgage assistance, REOTrans, Short Sale, Short Sale Assistance, Short Sale Help, Short Sale Negotiation, Short Sale Objection, Short Sale Tactic
While processing short sales through the Equator system, once known as REOTrans around this time last year, we received a new message notice advising that they were completing the valuation part of the process. This is a relatively new in the sense that it has only...
by Absolute Consultant Group | Sep 6, 2010 | Foreclosure, Foreclosure Assistance, foreclosure laws, Foreclosure News, Foreclosure Numbers, Foreclosure Postponement, Foreclosure Rise, HAFA, hamp, HARP, hasp, Home Mistakes, Loan Modification, Loan Modification Help, Making Homes Affordable, mortgage assistance, Mortgage Fraud, Mortgage Help, Mortgage Meltdown., Mortgage News, Negotiation Help, News, Obama, Obama Mortgage Rescue
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...
by Absolute Consultant Group | Aug 18, 2010 | AHMSI, America's Servicing Company, american home mortgage servicing inc, Amherst, AmTrust, AmTrust Bank, ASC, Aurora Bank FSB, B of A, BAC, bank of america, BankUnited, BoA, CalHFA, Chase Home Mortgage, Chase Manhattan, Cheaper Modification, Citi Financial, Citi Group, Citi Mortgage, Citi Residential, CitiMortgage, deed in lieu, deficiency judgment, Foreclosure, Foreclosure Assistance, Foreclosure News, Foreclosure Numbers, Foreclosure Postponement, Foreclosure Rise, gmac, government program, HAFA, hamp, HARP, hasp, Help, HOA, Home Mistakes, Homeowners Association Dues, Loan Modification, Loan Modification Help, Making Homes Affordable, mha, mortgage assistance, Mortgage Bailout, Mortgage Help, Mortgage News, Negotiation Help, Obama, Obama Mortgage Rescue, ocwen, Ocwen Financial Corporation, Ocwen Loan Servicing, One West Bank, owb, WaMu, Washington Mutual, wells fargo, Wells Fargo Home Mortgage, Wilshire Credit Corporation
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...