Deficiency judgements.

A "deficiency" is the difference between the amount of the the mortgage and the sale price of the home at the foreclosure sale, which is usually...

I am a homeowner months behind on my loan and asked my lender chase to modify my loan as it was purchased during the real-estate

First, each case is unique, so you cannot know what your options are without consulting an attorney who specializes in securitization of mortgages....

Do we have a case against BOA?

Please read the Wikipedia article on Home Affordable Modification Program. Modifications are rarely approved, and when they are, they tend to...

Im in foreclosure for 6 yrs now. There are two assignments on my mortgage but no chain of title.

Dear Homeowner: In my opinion, you should not be so sure of your facts. Transactions involving WaMu and Chase are complicated and secretive....

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My friend just received a letter of intent to foreclose, and has 30 days to come up with a large sum of money.

The opponent here is the "bank," not your friend's siblings. Whether your friend should pay the large sum or not is an economic decision depending...

My deceased father in AZ owes $88K on mortgage & 2 HELOCs ($24K total), house worth $60K - will I be able to get deed in lieu?

If you walk away from the problem, Green Tree's assignee will foreclose, take the house, and get a deficiency judgment against your father's...

Mortgage was included in our Chapter 7 BK 2 years ago. Bank has not foreclosed and we are trying to buy now. Can we?

A mortgage consists of two documents, a promissory Note for the amount of the loan, and a lien on the property. Your debt under the Note was wiped...