Our San Diego Real Estate Attorneys are getting a disturbing number of calls regarding the following fact pattern. The home owner calls and tells us that they had been working on a loan modification with their lender. Then for one reason or another the loan modification falls through. Of course, the lender had been telling…
Tag Archive: Foreclosure
Are Loan Modifications Leading To Foreclosures?
As San Diego Real Estate Attorneys, we get a lot of calls from people about loan modifications. In a disturbing trend, we have recently received call from several people that lost their house even though they were working with their lenders on a loan modification. Here is basically what we are hearing. The homeowner calls…
Five Charged For Attack on Loan Agents
Five people have been charged for allegedly beating, torturing and robbing two loan agents that they say defrauded them.
JPMorgan Chase and Citigroup Temporarily Halt SOME Foreclosures
San Diego residents and resident across the country may be seeing some relief from forclosure over the next month. Both JPMorgan Chase and Citigroup have temporarily halted forclsoures. But there is a catch. The temporary stop is only for loans on homes that are owner occupied. Further it is only about a one month moratorium….
California Tenants and Foreclosure
An acquaintance recently suggested that I start blogging on some of the most common questions people call our office about. This is the first installment of that idea. Question: The bank is foreclosing on my landlord… what are my rights? Unfortunately, San Diego and California residents in general really do not have much in the…
Loan Modifications Not Working?
In the latest disturbing news facing homeowners, it appears that loan modifications are only helping for a short period of time. That is right: more than half of all homeowners who had their loans modified to be able to make their payments in the first part of the year are already in default again. According…