The federal Home Affordable Modification Program (“HAMP”) is aimed at offering struggling homeowners a loan modification that will provide them a mortgage payment of 31% of their monthly income. While HAMP is intended to help homeowners, the reality is that more »
Month: July 2014
I was recently interviewed by MassRealty about defending against a home foreclosure. Check out my interview here!
Earlier this month, several banks filed a federal court lawsuit challenging several Massachusetts city ordinances related to foreclosure prevention. These ordinances, among other things, require lenders to engage in mediation prior to foreclosure and rent to homeowners who have been foreclosed. more »