For Homeowners Looking to Avoid Foreclosure, Here Are Four Common Solutions
December 18, 2007 Posted by Georgia RealEstateRama
Nonprofit agency finds lenders are willing to work with borrowers to save homes
ATLANTA, Dec. 18 /PRNewswire/ — The recent agreement by federal regulators and mortgage lenders to freeze interest rates for five years on certain subprime, adjustable rate mortgage loans are intended to help many homeowners avoid foreclosure.
Avoiding Bankruptcy: What Every Consumer Should Know
November 8, 2007 Posted by Georgia RealEstateRama
People May Be Able to Avoid Bankruptcy by Applying for a Reverse Mortgage Loan
ATLANTA, Nov. 8 /PRNewswire/ — With U.S. bankruptcy filings up more than 40% this year, Americans 62 years old and older should realize they may be able to avoid bankruptcy by applying for a reverse mortgage loan.