Tag: HAMP

California’s Homeowner Bill of Rights Provides Solutions

Political leaders at the state and local levels in California have delivered not one but two aggressive efforts to address the home mortgage foreclosure crisis. One effort, the Homeowner Bill of Rights, is likely to be a powerful stick which will help borrowers negotiating a loan modification from nearly all banks and mortgage servicers. The

Continue reading

Foreclosure Moratorium is Still Not the Answer

The vision of one lone clerk at Ally Financial hastily signing off on thousands of eviction documents has galvanized the national imagination. It’s a vivid picture. One can anticipate a future episode of The Office taking shameless advantage of this embarrassing corporate negligence. Coming as it does after several years of a foreclosure crisis, this

Continue reading