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USADave

57 answers

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"FIGHT FORECLOSURE: How to cope with a mortgage you can't pay, Negotiate with your lender, and Save your home!" (Wiley2008)

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USADave's topics

fight foreclosure! foreclosure forensic loan audit loan modification loss mitigation predatory lending short sales tila

About USADave

Executive Director nonprofit homeownership advocacy; author, "FIGHT FORECLOSURE: How to cope with a mortgage you can't pay, Negotiate with your lender, and Save your home!" (Wiley2008)

Member Since December 9, 2008
from United States

Answers

What type of job should I be in to invest in foreclosure homes?

Investing in foreclosed real estate requires you have 1) an articulated business plan, 2) acquisition cash, and 3) income to support whatever debt you incur.

Submitted by USADave 9 days ago

0 comments

Gov.susidised housing?

All entities public or private seek to maximize their recovery on non performing assets. In addition to Bob's response, any homes repossessed by government agencies such as HUD, FHA, VA, USDA, etc ...

Submitted by USADave 2 months ago

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Home in foreclosure/Bierman Geesing & Ward rep. the "Movant."

Bierman, Geesing & Ward, LLC is a law firm whose practice concentrates on the representation of mortgage lenders and servicers in a variety of matters, primarily concentrating on mortgage debt ...

Submitted by USADave 2 months ago

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Who's at fualt

What you describe (broker inflating borrower income on a loan application) seems to be broker loan fraud. If you intend to Fight Foreclosure! and try to keep your home, this goes to loan suitability ...

Submitted by USADave 3 months ago

1 comment

Last comment posted 3 months ago by mrscofla

Loss of the American Dream

Yours is a tough question to answer because it could be two questions. If you are asking if homeowners who weren't really qualified, financially, to get the loans they were given... if those folks ...

Submitted by USADave 3 months ago

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What happens after notice of pendency

Presumably you mean LIS PENDENS which is a document alerting the public there is an action against a particular property "pending" which effects title to that specific piece of property. A LIS ...

Submitted by USADave 4 months ago

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INSANE?End foreclosures,short sales,makes for affordable homes

Our NonProfit organization may be interested in investigating, and then advocating your plan.... Nationwide. Please tell me more. NJDave@spoch.org

Submitted by USADave 4 months ago

0 comments

Loan modification(mortgage)

If you aren't making your regularly scheduled payments during this time... the amount to be included in a proposed modification plan increases. Most plans offered by loan servicers do not include a ...

Submitted by USADave 4 months ago

0 comments