Finance & Law for Not-So-Dummies

My mortgage modification clients often ask about the class actions or Attorney Generals actions against mortgage companies, lenders, and ser...

In his article, in the Tuesday November 15 th edition of the New York Times, about foreclosures, David Streitfield discloses the Banking/M...

This posting's title, with apologies to Carly Simon who wrote and sung Billboard's 72nd most popular song ever, is appropriate if an...

Yesterday, the Massachusetts legislature passed and Governor Duval Patrick (D) signed a bill that will grant additional safeguards to homeow...

The first step in reversing a foreclosure is to prevent it in the first place. Makes no sense but it is true. Very few people (almost none) ...

I recently saw a billboard that read " THE RECESSION: IT HAS AND END". Tell that to the people who have been irreparably damaged b...

Has anybody stopped to look at real people , and not just to discuss economic theory. The theory states that a "recession occurs when ...

In the on-going saga of the Making Home Affordable Program, which spawned HAMP and HARP, no less a giant in news than the New York Times, ca...

As we approach the end of the year there are a number if issues we should keep in mind. All are important but at differing levels depending ...

(THIS IS A RE-POSTING FROM AUGUST 12, 2009) Bankruptcy is a good option if you are facing foreclosure and cannot get the lender to accept re...

Currently, in the City of Pittsfield, MA , there are 190 properties in some stage of foreclosure ; 69 are currently in default, 30 are Bank...

Mortgage Modification, as stated in earlier posts, can mean anything from allowing a late payment without a fee attached to it, or reducing ...

Countrywide, now part of Bank of America was one of the major lenders to sub-prime borrowers (that only means a credit score below 680 (or 6...

As a follow-up to the last post, several important matters: 1. If you have submitted the application for a loan modification under the ...

In a report released by the "Making Homes Affordable Program", only 9% of those mortgages eligible (estimated) for a modification ...

On June 11, 2009, I wrote extensively about the new credit card laws - the ones that do us no good at the moment but might as the varied eff...

Our favorite charities are back in business, but this time not asking for handouts - just taking the money from us. CitiBank / CitiFinancial...

THIS IS A RE-POSTING OF THE MARCH 18TH ENTRY DUE TO THE RECENT SENATE VOTE The United States Senate has referred the one bill, S. 61, that c...

Photo from Article by By Mike Lillis in the Washington Independant What could have been the best and least costly way to fix the housing ma...