Worried About a Foreclosure? – Ask Steve

Ask
Steve

Worried About a Foreclosure? – Ask Steve

Written by  in category 
March 17, 2017

Join Attorney Stephen Foondos from the United Law Center this and every Saturday from 3-4:00 p.m. for the Ask Steve For Free radio program on NewsRadio KFBK 1530AM when we discuss what to do if you’re worried about a foreclosure and also why you should never expect an up front guarantee from your attorney on case results. Be sure and check out Stephen’s new series, The Ask Steve for Free Legal Challenge that runs every weekday morning at 7:30am on KQCA-MY58 TV. These weekly topics will extend into the radio show where we explore them in more depth. This week’s show will cover:

What should you do if you’re facing a foreclosure? Have you experienced a hardship and missed a payment or two then been offered a modification from your lender? Did you accept a modification only to later be foreclosed upon or be denied the modification? We want to help you understand what documents to look out for, and what the signs are if your bank is trying to wrongfully foreclose on your home.

If you are facing an immediate foreclosure including an auction sale or eviction YOU STILL HAVE OPTIONS. We can help you navigate what solution makes the most sense in your unique case:

  • Seeking a loan modification yourself through your lender or Keep Your Home California
  • Discussing a short sale with your lender
  • Filing a lawsuit with a qualified, experienced foreclosure attorney
  • Filing for Bankruptcy

What do we do now that HAMP has ended? What is the future for mortgage modification? Don’t expect mortgage servicers to be very motivated to give more modifications. It still worth trying but you’re more likely to get a real modification directly from your lender.

A recent New York Times article highlights that through HAMP, “Around 70 percent of those who applied for loan modifications were turned down (in the HAMP program). In the end, some 1.6 million homeowners had their loans permanently modified — less than half the number the program was intended to help. Meanwhile, nearly 14 million homes went into foreclosure, according to ATTOM Data Solutions, which tracks foreclosure filings.”

However, in California, we still have funds available through Keep Your Home California, which was extended through 2020 or until the remaining funds are depleted. Or, if you can refinance to get away from a servicer, DO IT IMMEDIATELY before interest rates escalate.

Join us each Saturday on 1530AM NewsTalk KFBK for the Ask Steve Show from 3:00-4:00 p.m. Past show podcasts are available here.

 
Please follow and like us:

980 Responses

  1. Athena Lena says:

    i get an Unable to connect.

  2. I got this site from my buddy who told me about this web site and now
    this time I am visiting this site and reading
    very informative posts here.

  3. i have wondershare video converter ultimate for mac , the registration number on the the application doesn’t match the registration number that i bought for my retirement community. It looks like a pirated copy the support email is a false email address. the registration number is grayed out we bought this software for 2-5 people paid 118 dollars can’t even get support. every DVD we burn has looped. Can’t believe they sent me a pirated one. i tried to uninstall the bad copy so i can download a new copy.

  4. Wonderful article! That is the kind of information that should be shared across
    the internet. Disgrace on the seek engines for now not positioning
    this submit higher! Come on over and talk over with my web site .
    Thank you =)

  5. roqya says:

    Hey I know this iis off topic but I was wondering if you knew off any
    widgets I could add to my blog that automatically tweet
    my nswest twitter updates. I’ve been looking
    for a plug-in like this for quite some time and was hoping maybe
    you would have some experience with something likle this.
    Pleaase let me know if you runn nto anything. I truly enjoy reading your
    blog and I look forward to your new updates.

  6. “usually posts some very intriguing stuff like this. If you are new to this site”

  7. Does your blog have a contact page? I’m having a tough tijme locating it but,
    I’d like tto shoot you an email. I’ve got skme recommendatios for your bloog you
    might be interested in hearing. Either way, great blog and I look forward to seeing it improve over time.

Leave a Reply

Your email address will not be published.

United Law Center Newsletter
=