Latest Posts
Home > Tag Archives: foreclosures

Tag Archives: foreclosures

81,312 Foreclosures in September. More Than Just a Number.

justball-144x125

Well the September foreclosure figures are out from RealtyTrac. And while we can look at the big, really big number and compare it to foreclosures a year ago that does not give a real understanding of the fear and loss experienced by over 81,000 families that month. Maybe there is some hope headed down the road for homeowners that will ... Read More »

    If You Live In The Real America, Be Patriotic. Go Shopping And Run Up Credit Card Debt.

    justball-144x125

    Have you heard the stories that the government wants us to get out and go shopping to stimulate the economy? Remember after 9/11 when President Bush encouraged people to go shopping to get things moving again? Well I think the patriotic shopping argument may have gone too far now with Discover flying their American flag credit card. (You can see ... Read More »

      What Would Happen if I Got a Mortgage With My Bad Credit Boyfriend? – Shelly

      justball-144x125

      “Dear Steve, I am thinking of getting a VA Loan. I would be buying the house with my boyfriend. I have great credit (780) but his is low, and has 2 foreclosures. I don’t feel I have enough income to only use mine. I’m tired of renting and have done it my whole life, I’m 35. Any advice you could ... Read More »

        Mortgage Lender List of Loss Mitigation Contacts That Can Help You Avoid Foreclosure

        justball-144x125

        If you have a mortgage with one of the lenders below you can use the contact information to reach the person at the lender that should be able to direct you to the special terms or programs available to help you avoid foreclosure or to come to a solution regarding your delinquent mortgage. The contacts should be able to handle ... Read More »

          Bankruptcy Judges Should Have the Power to Modify Mortgages

          justball-144x125

          The sagging home values are drawing attention to a gaping hole in bankruptcy protection, the ability for U.S. bankruptcy judges to be able to modify the terms of a mortgage to keep people in their homes that want to pay. A couple of recent article really caught my eye, “Delahunt: Empower judges to modify mortgages” and “A Win-Win Bankruptcy Reform“. ... Read More »

            Worth Reading – New Tack in Default Battle: Cutting Mortgage Principal

            justball-144x125

            Reducing the principal on mortgages is “a last resort,” says Paul Koches, executive vice president at Ocwen Financial Corp., a West Palm Beach, Fla., loan servicer that has shrunk the amount owed on 10,884 delinquent mortgages as of Sept. 30. That is 23% of all the loans modified by Ocwen so far this year. Ocwen estimates the company’s foreclosures result ... Read More »

              How to Avoid Being Scammed by a Foreclosure Rescue Promise or Plan

              justball-144x125

              Foreclosures are increasing nationwide, and so are scams that promise to “rescue” homeowners from foreclosure. What these scams do is take your money, ruin your credit record, and wipe out any equity you have in your home. Foreclosure con artists take advantage of people who have fallen behind on their mortgages and face foreclosure. Con artists know that people in ... Read More »

                Some Interesting Ideas To Try To Bribe You To Spend, Spend, Spend

                justball-144x125

                Here are some interesting ideas floated in a recent Washington Post article to encourage consumers to get back to what they are supposed to do best, spend. What do you think about these ideas? Idea 1 Lower the price of consuming. State governments could suspend sales taxes, with the federal government picking up the tab. The feds, under this plan, ... Read More »

                  In this economy, layaway is in vogue

                  justball-144x125

                  In this economy, layaway is in vogue Tampabay.com, FL - 2 hours ago Consumer credit is getting tighter at a time when rising joblessness, foreclosures and prices make it harder to pay off credit card debt . ... Read More »

                    I Couldn’t Help Myself, I Had to Look At The Local Foreclosures

                    justball-144x125

                    I just wrote an article about the really high foreclosure rates as reported by RealtyTrac. That really got me thinking about foreclosures in my area so I went to RealtyTrac to find my local foreclosures, and there were a lot more than even I expected, and the economy around me isn’t bad! If you want to find a local foreclosure ... Read More »

                      David Writes In “I’m About To Lose My House”

                      justball-144x125

                      David wrote to me at GetOutOfDebt.org and asked me for help with his debt situation. If you have a question, you can ask me for free help and advice also. “Dear Steve, I accepted a job in Seattle. My wife and family and home are still in Idaho. My wife is on a fixed income, and we have been hanging ... Read More »

                        Get My FREE Get Out of Debt Guy Newsletter

                        It is the smart thing to do.

                        I promise to keep your email safe and secure.

                        Close

                        I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

                        You can unsubscribe at any time with just one click.

                        After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


                        • It will keep you posted on the latest scams.
                        • You will be alerted to the latest articles.
                        • You will wind up smarter than everyone else dealing with debt.