Mortgage Lawyer
Bankruptcy Bootcamp
Many other homeowners find themselves struggling with confusing and possibly unfair late fees when it comes to their mortgages. That's why lawyer Max Gardener has instituted a program to help train other lawyers in how to sort through these fees and better serve their clients. It's called bankruptcy bootcamp, and it's a four-day retreat set in the idyllic hills of North Carolina, not where you would normally expect to find lawyers gathered. But they come from around the country to Gardener's retreat to learn how to dissect their client's records, rooting out the hidden fees some mortgage services charge.
Ref. ABCNightline
Mortgage Lawyer (Hover)
Many may become depressed and not try to find help, but there is help, and you should make the best use of it:
QUOTE |
Many Mortgage Delinquents Still Unaware There Is Help Freddie Mac has released a survey done in cooperation with Roper Public Affairs and Media, a leading international market research firm that shows 57 percent of borrowers who are behind in their payments are unaware that their lenders may be able to offer them workout options. Ref. https://www.mortgagenewsdaily.com/index.asp |
International Level: International Guru / Political Participation: 3231 100%
I think that for some they can not or think they can not afford the help. With gas prices and food prices going up they are left with no money for their homes. This is a position that is hard for them. The help that is out there is not widely known yet. I believe that many do not even know how to look for the help. Or they are too proud to ask for help.
Mortgage mess: Who really owns your mortgage?:
Do you know who really owns your mortgage? That question has become a nightmare for many homeowners since the invention of mortgage-backed securities. Yes, those were the exotic investments that sparked the financial collapse in this country. And the're still causing problems. Ref. Source 2
That's why I have been telling my clients for many years, pay off your mortgage as soon as you are able to afford it because this economy won't last or survive forever and we're seeing the effect that is having in all of us.
International Level: Politics 101 / Political Participation: 0 0%