Fortune B of A tests foreclosure alternativeMSN MoneyBank of America, which owns a million mortgages and services another 9 million, is experimenting with a new alternative to foreclosure called "mortgage-to-lease." A select group of defaulting owners are getting the chance to turn in the keys to their …Bank of America launches new approach to foreclosure [...]
Posted on November 21, 2011, 4:06 am, by buyforeclosures, under
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Short sale homeowner's guide introduces smart alternative to foreclosure epidemicMMD Newswire (press release)A Homeowner's Guide to a Short Sale" (ISBN 1460962427), a book by Lou Lollio, introduces homeowners who are struggling to make their mortgage payments or facing foreclosure to the short sale process and offers practical guidance on how to make it … View [...]
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Lexington Herald Leader Short sale can be an alternative to foreclosureLexington Herald LeaderFor Freddie Mac's tips on ways to avoid foreclosure, go to Freddiemac.com/singlefamily/avoid_foreclosure.html. ■ For information on federal assistance from the US Departments of the Treasury and of Housing and Urban Development, …Home foreclosures, foreclosure sales decliningSioux City JournalMay Home Sales Beat National TrendKansas [...]
Oklahoma attorney general to craft alternative deal in foreclosure settlementWashington PostA series of problems within the mortgage servicing industry — including widespread instances of forged foreclosure documents and flawed paperwork — surfaced last fall and prompted federal officials and the state attorneys general to join forces and …Foreclosure Reforms to Take Effect September 1LoanSafeOklahoma Considers [...]
Gamut News HAFA Loan Modification -A viable alternative to the menace of reality foreclosuresMortgage11It is called HAFA or Home Affordable Foreclosure Alternatives. It is part of a continuing effort on part of the US government to help the debt ridden home owners of the country. The following article explains the key points regarding this new [...]