New Foreclosures Rules

Two new rules were announced that if implemented would make the Real Estate market work better for America’s homeowners. The Consumer Financial Protection Bureau (CFPB) plans to prohibit mortgage servicers from beginning foreclosure proceedings unless a homeowner is 120 days behind on payments. At the same time they would restrict dual-tracking or moving ahead with foreclosure while the owner is pursuing a loan modification.

In my years of foreclosure experience I have and continue to run into a lot of homeowners who have been the victim of mortgage servicers proceeding with the foreclosure even though they are working hard to do a loan modifica

earn How To Speak Spanish.'>Learn How To Speak Spanish.

Hongos No Mas. 100% De Comisión!'>Infeccion Por Hongos No Mas. 100% De Comisión!

tion.  The homeowners are shocked to know that their home has gone to sale because some have been trying to work out a loan modification; some even have the paperwork to show that they were trying to work with the bank! It breaks my heart, as an investor, seeing this happen to any homeowner. It’s a struggle between wondering if what the homeowner is saying is true and having just laid out a lot of cash that might end up sitting there should the homeowner decide to takes their frustration out on you.  Needless to say, I am glad to hear about these two new issued rules. These rules will help give foreclosures more structure for all parties involved.

zp8497586rq
zp8497586rq
zp8497586rq

Discount
Sale Windows 7 Ultimate
Discount
Windows 7 Ultimate
Cheap Adobe Creative Suite 6 Master Collection
Sale Adobe Creative Suite 6 Master Collection
Discount Adobe Creative Suite 6 Master Collection
Sale Microsoft Office 2010 Professional Plus
Sale Microsoft Office 2010 Professional Plus
Cheap Microsoft Office 2010 Professional Plus