Just under one month ago, on July 26, 2009, Diane Thompson testified in front of the US Senate Committee on Banking, Housing & Urban Affairs. Her written testimony, which included 79 footnotes and 28 pages of exhibits more...

IS THIS WHAT I’M TO UNDERSTAND? By Martin Andleman You don’t need to hire anyone to help you negotiate with your bank for a loan modification. You don’t need an attorney, you don’t need a mortgage ex more...

LOS ANGELES, California (CNN) — Megan Cavallari looks up from her stack of hundreds of faxes and documents, proof of her efforts to try to save her home from foreclosure. She’s been on hold for over an hour, tryin more...

Although President Obama launched the Making Home Affordable program to great fanfare in March, the actual results have not been impressive. He projected that the program would help nine million people keep their homes. L more...

If a member of the House Finance Committee can’t get through the bueaucratic maze at these lenders, how can homeowners do this without help? *This video is an excerpt from an ABC News story. more...

I was watching Fox News last night and saw their free loan modification story. They made it sound so simple and enticing that I could immediately tell that none of the people involved in the production, filming, or writin more...

An Industry In Denial The latest statistics released show that the banking industry has been dragging its feet when it comes to helping homeowners who are facing foreclosures. The industry’s contention however is th more...

Department of Real Estate commissioner Davis of California warned Mortgage Brokers and Real Estate agents about taking advance fees for loan modification services rendered to consumers recently. The rules and regulations more...

The rules that govern how a lender can foreclose on a California property have changes as a result of Governor Schwarzenegger’s signing Senate Bill 1137 into law. It is important for homeowners to understand their r more...

Buyer beware! There are many non-qualified companies including debt settlement companies and former mortgage companies vying for your money, all claiming to help you with a loan modification. They promise you anything and tel more...