Reducing Foreclosures

Reducing Foreclosures
Author: Christopher Foote
Publisher: DIANE Publishing
Total Pages: 53
Release: 2009
Genre: Law
ISBN: 1437928773

Takes a skeptical look at a leading argument about what is causing the foreclosure crisis and what should be done to stop it. The authors focus on two key decisions: the borrower's choice to default on a mortgage and the lender's subsequent choice whether to renegotiate or modify the loan. Unaffordable loans, defined as those with high mortgage payments relative to income at origination, are unlikely to be the main reason that borrowers decide to default. The efficiency of foreclosure for investors is a more plausible explanation for the low number of modifications to date. Policies designed to reduce foreclosures should focus on ameliorating the effects of job loss rather than modifying loans to make them more affordable on a long-term basis. Illustrations.

How To Make Money on Foreclosures Answer Book

How To Make Money on Foreclosures Answer Book
Author: Denise L. Evans
Publisher: Sphinx Pub
Total Pages: 248
Release: 2008-03
Genre: Business & Economics
ISBN: 9781572486492

The Make Money on Foreclosures Answer Book is a quick, authoritative reference for consumers who want immediate answers to their most pressing questions.

Foreclosure Problems and Solutions

Foreclosure Problems and Solutions
Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity
Publisher:
Total Pages: 544
Release: 2008
Genre: Law
ISBN:

Stop Foreclosure Now

Stop Foreclosure Now
Author: Lloyd SEGAL
Publisher: AMACOM Div American Mgmt Assn
Total Pages: 362
Release: 2008-09-15
Genre: Law
ISBN: 0814413315

We’ve all heard the reports. Americans are losing their homes in record numbers, and the housing crisis seems unlikely to subside anytime soon. Foreclosures affect all kinds of people and all kinds of properties. Many people faced with foreclosure feel helpless and resigned to giving up their homes without even trying to save them. The good news is that with the right advice, homeowners can take control of the situation, avoid foreclosure proceedings, and even protect their credit. Lloyd Segal, mortgage banker, attorney, and real estate investor has spent the last twenty-five years helping homeowners save their houses. In Stop Foreclosure Now, he shows readers how to: develop a plan to delay or stop foreclosure • understand the documents involved • negotiate with their lender • use the courts to stop foreclosure and bankruptcy • arrange to refinance their property • sell their property quickly • use military status to stop foreclosure • understand foreclosure laws in all 50 states Timely and indispensable, this guide will help anyone survive the housing crisis and preserve their most important investment.