Here's the recent articles submitted by nick adama
Articles By nick adama
Needed Updates In The Obama Plan Will Now Include Second Mortgages
By: nick adama
New changes in the Obama Plan may help homeowners with second mortgages modify thier loan to a new lower rate. But there are still some holes in the plan will cause problems.(read
entire article)
View : 324 Times
Category : Real Estate and Foreclosure
Why Banks Can Afford The Law, But You Can Not
By: nick adama
Banks love lawyers. In fact, they love them so much that, after lawyers themselves, the financial industry ranks highest in the amount of contributions made to political campaigns.(read
entire article)
View : 294 Times
Category : Legal
Why Banks Recommend Homeowners In Foreclosure Do Not Hire An Attorney
By: nick adama
The lenders have always counted on the inability of borrowers to understand the complicated mortgage documents they sign to purchase their home. Banks themselves do not understand the documents.(read
entire article)
View : 293 Times
Category : Real Estate and Foreclosure
Fight Foreclosure And The Bank's Lawyers With Your Own Lawyer
By: nick adama
Although banks love the lawyers whose services they can buy, either as government legislators, regulators, or law firms who will lie to courts about foreclosure cases, these same lenders rarely enjoy talking to the legal representative of a homeowner.(read
entire article)
View : 339 Times
Category : Real Estate and Foreclosure
Why Your Bank Will Give You A Repayment Plan And Not A Loan Modification
By: nick adama
When homeowners on their own negotiate with a lender for a loan modification to avoid foreclosure, the owners typically end up with a repayment plan instead of a modification. The differences between the two plans, however, could not be more drastic.(read
entire article)
View : 273 Times
Category : Real Estate and Foreclosure
Lawyers Lie To Judges About Foreclosure Cases
By: nick adama
Seventy-five percent of foreclosure lawsuits that banks initiate are based on wrong documentation. But too few homeowners even appear in court to defend their homes, and the ones do show up to a foreclosure hearing do not know enough about the law and their rights.(read
entire article)
View : 297 Times
Category : Real Estate and Foreclosure
Predatory Collection Agencies - Practices To Watch Out For
By: nick adama
Debt collection agencies often take steps to inflict the maximum amount of anxiety, fear, and embarrassment on borrowers who fall behind on loans, going so far as harassment and engaging in other illegal acts.(read
entire article)
View : 339 Times
Category : Debt
Collection Agencies Desperate To Steal From You And Will Break The Law To Do So
By: nick adama
The number of potential violations of law, court procedures, and common human decency that the owners, managers, and employees of collection agencies have been caught engaging in is almost endless(read
entire article)
View : 316 Times
Category : Business
Seven Types Of Loss Mitigation During Foreclosure
By: nick adama
Homeowners dealing with the threat of foreclosure should know about as many options as possible, if they are attempting to save their homes before time runs out. Some of these options fall under the category of "loss mitigation."(read
entire article)
View : 307 Times
Category : Real Estate and Foreclosure
How Are Foreclosure Moratoriums Effecting The Foreclosure Rates
By: nick adama
New changes in the Obama Plan may help homeowners with second mortgages modify thier loan to a new lower rate. But there are still some holes in the plan will cause problems.(read
entire article)
View : 332 Times
Category : Real Estate and Foreclosure
