by mendezlaw | Sep 3, 2020 | Loan Modification
According to latest data from Black Knight’s McDash Flash Forbearance Tracker, the number of mortgages in active forbearance remained flat over the past week, with a 15,000 reduction among GSE mortgages offset by a 5,000 rise in FHA forbearances and a 10,000 increase...
by mendezlaw | Sep 1, 2020 | Loan Modification
If you are behind on you mortgage, and you are facing foreclosure you should consider a loan modification to possibly retain your home. 1 – Resolve your delinquency status with your mortgage bank 2 – You may reduce your monthly mortgage payments, making...
by mendezlaw | Aug 17, 2020 | Alimony & Bankcruptcy, Bankruptcy, Mortgage, Real Estate, Uncategorized
Avoid these deadly mistakes in a financial crisis. (By: Diego G. Mendez, Esq. Consumer Bankruptcy Practitioner) “It is the purpose of the Bankruptcy Act…to relieve the honest debtor from the weight of oppressive indebtedness, and permit him to start afresh...
by mendezlaw | Apr 14, 2020 | Bankruptcy, Mortgage
A forbearance is an informal agreement between you and the bank where the bank agrees to not collect mortgage payments for a few months and you agree to someday pay these “skipped” payments. In many cases the bank agrees to then consider a payment plan on...
