May 12, 2007There has been a substantial increase in the number of people calling The Homeownership Preservation Foundation hotline in recent weeks, seeking assistance in avoiding foreclosure of their homes. The hotline helps individuals and families who are behind on their mortgage payments. The foundation received more than 14,000 calls during the first quarter of this year [...]
Posted in All Things San Diego, Helpful Hints, Lending, Real Estate, Taxes, Things of Interest 
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May 12, 2007A variety of steps are being proposed to help homeowners who can’t handle their rising payments on a subprime adjustable-rate mortgage. One proposal is for the Department of Housing and Urban Development to refinance distressed subprime borrowers into more affordable FHA loans.
This could be accomplished in a prudent way that would not be a [...]
Posted in All Things San Diego, Helpful Hints, Lending, Real Estate, Taxes, Things of Interest No Comments »
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