#savemyhome

[monica428]

Please,.if you can find it in your heart to help me save my home. I will be eternally grateful. I am losing hope and that's not a good thing for me. I am losing my faith in humanity. Please help. Donate. Share. Tell your family and friends. Please? Read my story. Please.

#savemyhome #kindnessgoesalongway #grateful

[starttodaywhywait]

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Ex-Homeowners are shocked to get paid years after their foreclosure! Learn more about this hidden secret.

[orangefruitcakeart]

Working on some new Christmas Designs today... keep your eyes peeled if you love foxes, penguins, harry potter, or stars with mustashes... 🖤 💜 Here is an angry penguin. Let's have an eco friendly Christmas and reduce the amount of angry homeless penguins. 💚 🖤 💜 💚 #christmasiscoming #cardmaker #animallover #penguin #meltingicecaps #watercolour #wip #workinprogress #animalart #penguinart #loveanimals #lonely #savemyhome #savetheanimals https://www.instagram.com/p/B2fAWvAF4qg/?igshid=l9h0zzf622fa

[karralkingston-blog]

A Chapter 7 Bankruptcy Can Stop a Foreclosure

Karra L. Kingston Esq. has helped debtors file bankruptcy to save their homes. A Chapter 7 bankruptcy can stop a foreclosure. Many clients come to us after all other options have been exhausted. Our office has represented clients in bankruptcy Court against mortgage lenders and obtained successful modification outcomes. Call our office today to speak with a bankruptcy lawyer that can help you save your home before it's too late! A Chapter 7 bankruptcy, can stop foreclosure proceedings and may even save your home. Many times people who face foreclosure wait until the last minute to  stop the auction of their home. In some jurisdictions filing a Chapter 7 bankruptcy can be useful to stopping the sale of the home, and trying to get a loan modification. Sometimes, Chapter 7 may not be the best option and a Chapter 13 bankruptcy may need to be filed to save your home.

How Can A Chapter 7 Bankruptcy Save My Home?

A Chapter 7 bankruptcy can stop a foreclosure and wipe out the amount that you owe on your mortgage. This means that if your house is foreclosed on and you file a Chapter 7 bankruptcy then you will not be liable for any deficiency that may be owed. It is important to understand that even though your mortgage gets wiped out in a Chapter 7 bankruptcy, this does not mean that the lien on the property goes away. A lien still stays on the property when you file a Chapter 7 bankruptcy. This means the mortgage company can continue to foreclose on your home even though you do not personally owe the remaining balance on the mortgage. If you are current on your mortgage then this should not be a concern, as most companies will allow you to keep paying your mortgage even after filing a Chapter 7 bankruptcy. Different States' have different rules as to what can be done to stop the sale of your home in a Chapter 7 bankruptcy. For example, in New York the Court will allow you to file a Chapter 7 bankruptcy, to stop the sale of your home and try to seek loss mitigation. Loss mitigation, is where the lender and the debtor work together to come up with some sort of repayment plan. Sometimes the lender will extend the terms of the loan and put the arrears in your monthly payment. Other times, the lender may put a balloon payment at the end of your mortgage. Unfortunately, not everyone can qualify for loss mitigation. In order to qualify, you will have to show the lender that you have enough income to be able to make payments on your loan. Why Chapter 7 May Not Be the Best Way To Save Your home Filing a Chapter 7 bankruptcy, may not be the best way to save your home. If you are not able to participate in loss mitigation, then you have no recourse. Unlike a Chapter 7 bankruptcy, a Chapter 13 bankruptcy allows you to become current on your arrears. This means that you will have to pay your regular monthly mortgage payment, on top of paying your arrears. If you can show the Court that you are able to pay both, your Chapter 13 bankruptcy plan will likely to be confirmed. Unfortunately, Chapter 7 bankruptcy does not have a mechanism to allow you to catch up on your arrears. Further, if you file a Chapter 7 bankruptcy the Court can not force the lender to give you a loan modification. This means that the lenders ultimately, have the upper hand. How Does the Automatic Stay Stop My Foreclosure? If your home is set for auction, filing a Chapter 7 can by you time. When you file bankruptcy an automatic stay becomes effective. This prevents creditors from coming after you including, the bank from foreclosing on your home. Creditors must cease all collection efforts. Therefore, if your home was scheduled for auction, the auction will be canceled. Filing a bankruptcy can help you stay in your home for a little while longer. This extra time can allow you to work out other foreclosure options with your lender such as a loan modification, or short sale. If you have a foreclosure auction date set, time is of the essence. The longer you wait the more difficult the process becomes. Make sure that you speak with a bankruptcy lawyer immediately to discuss your options. Read the full article

[papageiproperties-blog]

Short sale specialist That's what we are Do not lose your house to the bank Send us a DM to learn how you can save your house . #shortsalespecialist #shortsale #save #savefromshortsale #savemyhome #helprealestate #realestate #realestatehelp #webuyhouses (at Chicago, Illinois) https://www.instagram.com/p/Bw434gxnvFg/?utm_source=ig_tumblr_share&igshid=p50sjznp2tbs

[ennkar-mortgage-bank-blog]

The government’s Home Affordable Refinance Program (HARP) has expanded to allow more homeowners to refinance if you:

1.Currently owe more on your mortgage than your home’s current market value

2.Have a Fannie Mae insured loan Have wanted to refinance but were told you didn’t qualify

3.Have private mortgage insurance

This government program offers a low-cost refinance for homeowners in areas where prices have fallen and who meet credit history requirements. This program:

1.Allows refinances of up to 95% loan-to-value

2.Includes borrowers who currently have Private Mortgage insurance

3.Gives you the opportunity to lock into the security of a fixed-rate mortgage

Helps borrowers who have a good repayment history, but who have not been eligible for refinance due to falling home values.

[mrfinesse718]

#3jtcapital #stopforeclosure #home #savemyhome #financialfreedom

[angiviper]

I am not one to ask for help but I've found myself in a situation where I am in desperate need of it. So this Saturday starting at 11am and running ALL DAY I will be hosting a fundraising stream to help offset the unfortunate situation I've found myself in recently. I realize money is tight for everyone so I don't expect everyone to be able to donate but every little bit helps and spreading the word and watching is just as helpful. I've got a ton of fun events planned starting with spooky games and even playing games with you all so come by for as little or as long as you want, donate if you can and please share the link. Thank you all for constantly encouraging and inspiring me to keep pressing forward despite hardships. I wouldn't be where I am today without you 💖💖💖 . . Event info: Twitch.tv/angiviper 11am PST - WHO KNOWS Donations accepted via streamlabs or PayPal . . #pleasehelp #crowdfunding #savemyhome #twitch #twitchaffiliate #girlsoftwitch #streaming #twitchstreamer #twitchgirls #gamergirl #twitchmarathon #marathonstream #donationstream #fundraising #cosplayer #girlswhocosplay #cosplaycutie #cosplayersofinstagram #cosplaygirl #angiviper #disneybound #disneyland #disnerd #geekgirl #geeklife #nerdalert #disneyballoons

[lydiaroseledger]

My landlord said she needs at least $1,000 by the 19th of June, and the remaining $500 by the end of the month. Please help! Any amount is appreciated ❤

#fundraiser #fundraising #thursdaythoughts #rentassistance #savemyhome #help

[americanforeclosureassociation]

*Foreclosure Crisis Report*

America’s foreclosure crisis isn’t over pt.1

With Goldman Sachs (GS) recently agreeing to pay $5.1 billion to settle claims related to its role in the 2008 mortgage scandal, the firm became the latest big Wall Street bank to reach a deal with the U.S. government. As part of the settlement, $1.8 billion is to be set aside for programs to help homeowners who are still trying to fend off foreclosure?

Yet nearly seven years since the Great Recession ended, the question remains: How well have these anti-foreclosure programs worked? It depends on whom you ask and where they live.

Back-stopping the nation’s banking system was the top federal priority during the height of the 2008 financial crisis. But out of the $475 billion that Congress authorized for the Troubled Asset Relief Program (TARP), $46 billion was supposed to help millions of struggling families avoid foreclosure.

A subsequent 2014 settlement between prosecutors and Bank of America (BAC) netted an additional $16.6 billion, of which then-Attorney General Eric Holder said $7 billion would go to “provide relief to struggling homeowners, borrowers and communities affected by the bank’s conduct.”

All told, between the programs administered through the Treasury Department – like the Home Affordable Modification Program (HAMP) – and the pools of money committed by Wall Street banks as part of their settlements, tens of billions of dollars have been set aside to assist families facing foreclosure by modifying their mortgage terms so they can remain in their homes.

Today, foreclosures are down nationally, and the number of mortgages that are current on their payments is on an upward swing at 93.9 percent, according to a report issued last month by the Office of the Controller of the Currency. The OCC survey is based on an analysis of 42 percent of the nation’s mortgages.

The number of homeowners who are “underwater,” with a house that’s worth less than what they owe on their mortgage, was down to 4.3 million in the third quarter of 2015, compared to 5.2 million in 2014, according to CoreLogic, a real estate analytics firm. For context, back in 2011, 11.6 million households were underwater.

Mark McArdle, the Treasury Department’s deputy assistant secretary for financial stability, told CBS MoneyWatch that the Obama administration’s efforts to help homeowners played a pivotal role in these improvements to the housing market.

“Treasury has a variety of programs to assist struggling homeowners, with the goal of helping to prevent avoidable foreclosures and stabilize communities,” McArdle said. “The Home Affordable Modification Program has helped more than 1.5 million homeowners avoid foreclosure, while the Hardest Hit Fund has assisted more than 250,000 ‎homeowners across participating states.”

McArdle acknowledged this effort isn’t complete. “While the housing market has recovered in many parts of the country,” he said, “several areas and states are still struggling, and we will continue to help homeowners and communities in those places still recovering from the housing crisis.”

However, critics of the government’s anti-foreclosure strategy have never been hard to find. While the Justice Department pursued large payouts from the Wall Street banks instead of criminal prosecutions, the Treasury Department created a multibillion-dollar suite of programs, which induced the very same banks to service the mortgage modifications with billions of dollars of taxpayer-funded incentive payments.

In 2013, Christy Goldsmith Romero, special inspector general for TARP, warned that homeowners were defaulting on their modified loans at an “alarming rate.” In the IG’s most recent quarterly report to Congress in September 2015, the rate of default on these reset mortgages increased greatly over time.

For borrowers who first sought mortgage relief under HAMP when the program was launched in 2009, the redefault rate is nearly 53 percent. Overall, more than a third of people who have participated in the program over its lifetime have redefaulted.

“The longer a homeowner remains in HAMP, the more likely he or she is to redefault out of the program,” Romero’s office concluded, a damning indictment for an initiative that has already far undershot the Obama administration’s prediction in 2009 that it would help upwards of 9 million homeowners adjust their mortgages to avoid foreclosure.

From 2009 through 2015, 2.2 million households applied for a trial modification, the first step to getting a permanent reset, but roughly 786,000 canceled. Of the remaining 1.4 million granted HAMP modifications through Treasury, some 467,000 ultimately re-defaulted.

This wave of re-defaults cost taxpayers $1.8 billion dollars in TARP funds that were paid as incentives to the banks and mortgage services to participate in the modification program.

In most states, 35 percent of homeowners could not keep the terms of their modification, setting themselves up for another default or foreclosure. In some states the default rates are running even higher: For example, it’s 44 percent in Mississippi, 42 percent in Louisiana and 40 percent in Nevada.

According to thousands of calls received on the SIGTARP hotline, problems with the banks and mortgage-servicing companies that handle the mortgage modifications are contributing factors to the default rate. Complaints about lost paperwork and clerical errors are common. According to SIGTARP, so-called “dual tracking” is also an issue. That’s a practice in which the servicer of the HAMP mortgage will continue to pursue foreclosure, even while the homeowner is in the HAMP program.

“Nobody wants to deal with the reality that these mortgage modifications were not affordable long term,” said Kathleen Engel, a research professor at Suffolk University Law School in Boston and author of “The Subprime Virus: Reckless Credit, Regulatory Failure and Next Steps.” Said Engel: “[The mortgage modifications] were all predicated on the property values appreciating in value, but they actually declined.”

to be continued...

*If you want to avoid foreclosure and/ or need advice on any real estate related issue, we invite you to reach out to us any time at 866-857-5558 or send us an email to americanforeclosureassociation@gmail.com. Our seasoned team of Foreclosure Specialists can help in the most difficult situations to get you the mortgage assistance and debt relief you may need now or in the near future through our simple process and convenient loss mitigation services. Call now 916-399-3339, text in to our mobile customer service support line at 916-399-3339, and/ or visit us on the web at: www.AFAHelp.org Good Luck!

[chaveldiaz-blog]

#michaelshannon #douchebag #spiderman #foreclosure

[papageiproperties-blog]

Help in foreclosure Is foreclosure making you 😥 Don't let the bank win! Night back NOW!! Contact us for more information . #helpinforeclosure #endforeclosure #foreclosure #savemyhome #savehouse #savehome #savehouse #stopforeclosure #house #home #myhouse (at Chicago metropolitan area) https://www.instagram.com/p/BwpiQdhnyY4/?utm_source=ig_tumblr_share&igshid=2wvwko2ragkj

[mrfinesse718]

#savemyhome #home #realestate #nyc #home #help #stopforeclosure

[jrgmancilla]

Omslag feat. Tumanova - Save My Home (Original Mix)[Free Download] by EDM Nations http://ift.tt/1Ft9dsa

[mrfinesse718]

#home #stopforeclosure #help #brooklyn #savemyhome #nyc #realestate