Avoiding foreclosure is always a good option, and a short sale is one option many homeowners turn to when they are unable to continue to make payments and owe more on the home than they could sell it for. There are different rules on how short sales can impact the seller when looking to obtain [...]
Tags: FHA, foreclosure
Fannie Mae, Freddie Mac, Bank of America, J.P. Morgan Chase, HSBC and CitiMortgage are a few of the mortgage industry giants working to provide relief to homeowners who are behind on their mortgage and have very little, if any, equity in their homes through a streamlined mortgage modification program. Many of the large news stations [...]
Tags: foreclosure
