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Real Estate

Loan Modifications Continue

Loan Modifications Surpass One Million Mark for 2010 09/01/2010 By: Carrie Bay The industry has completed 1.13 million permanent loan modifications for at-risk homeowners so far in 2010, according to data released Wednesday by HOPE NOW, the private sector alliance of mortgage servicers, investors, mortgage insurers, and non-profit housing counselors. For the month of July […]

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Real Estate

Homeowners Stop Paying Mortgages and Love It

Owners Stop Paying Mortgages, And Stop Fretting   For Alex Pemberton and Susan Reboyras, foreclosure is becoming a way of life — something they did not want but are in no hurry to get out of. Foreclosure has allowed them to stabilize the family business. Go to Outback occasionally for a steak. Take their gas-guzzling […]