Posts tagged as:

loan

Freddie Mac Foreclosures on Hold for the Holidays

by Dru Bloomfield on November 23, 2008

Image by respres via Flickr Everyone can take a breath.  Locally, Aimee Ghimire just reported this news which will hopefully take some of the pressure off home owners, in specific situations, who are behind on their mortgage payments.  Take a look at the full article, Foreclosures suspends all foreclosures, for more details on who may benefit from this reprieve. A [...]

Bank of America Puts a 90 Day Hold on Foreclosures

by Dru Bloomfield on November 3, 2008

 From Saturday’s Arizona Republic: Bank of America, which last summer bought the nation’s largest subprime lender, Countrywide, has suspended foreclosure notices pending against nearly 2,000 homes across the Valley in the past week in an effort to help homeowners hold on to their property. And relief for even more homeowners is expected to follow. Read [...]