Living After Foreclosure

RSS Feed

Foreclosure information, celebrities in foreclosure, and more

Entries from January 2013

Mortgage Forgiveness Debt Relief Act of 2007 extended

January 14th, 2013 · No Comments

For many underwater homeowners — homeowners that owe more on their mortgage than the house is currently worth — they have a bit of an upper hand with their lenders.  Lenders are reluctant to foreclose on these homeowners even if they’re in default, because that would mean realizing a loss on the property:  selling below […]

[Read more →]

Tags: