by mendezlaw | Sep 22, 2020 | Bankruptcy
Each year, only a fraction of the Americans who could benefit financially from bankruptcy actually seek relief, according to an Associated Press commentary. About 14 percent of U.S. households — or roughly 17 million — owe more than they own, according to Federal...
by mendezlaw | Sep 21, 2020 | Uncategorized
Forbearance protected millions of people from the loss of their homes even if they couldn’t make monthly payments. Now, for the first time, we’re beginning to see cracks in the system. Looming ahead are several major concerns. How will the homeowner repay “skipped”...
by mendezlaw | Sep 18, 2020 | Foreclosure
Millions Are House-Rich but Cash-Poor. Wall Street Landlords Are Ready. Hardships caused by the coronavirus pandemic are likely to force a lot of sales and create new renters Americans with mortgages have accumulated nearly $10 trillion in home equity thanks to a...
by mendezlaw | Sep 10, 2020 | Loan Modification, Mortgage
According to CoreLogic, the south Florida area is about to explode with foreclosures. Unemployment related to Covid-19 is the root cause and will likely not improve. A loan modification might help some of these homeowners to save her home. Home loans that are in...
by mendezlaw | Sep 8, 2020 | Loan Modification
Loan Modification Secrets – Revealed. Mortgage Modifications are making a comeback. Not sure to apply for a Loan Modification vs Refinance. What are the loan modification pros and cons. Can’t pay your mortgage? Want to lower you payment? Defaulted on your...
