bankruptcy

The answer is YES. Don’t think it’s OK to foreclose. It’s not OK to think you’ll just let the house go; just mail in the keys and then file bankruptcy and you’ll be protected. WHAT R U THINKING??? Everyone needs to be accountable and responsible. Trust me; I’ve seen it all. If you have to [...]

Government-owned mortgage-finance titan Fannie Mae announced last week it would lock out borrowers from getting a new loan for seven years if they default on a mortgage they could afford to pay. The move represents the latest effort by the mortgage industry to prevent a new wave of losses that could result if more borrowers [...]