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Deficiency Judgement Help
Foreclosure and Deficiency Judgments/Judgements Former homeowners may still need to pay what’s known as a deficiency judgment, if there’s a difference between what they owed on their mortgage and what the bank could sell it for at auction or foreclosure sale. And these “deficiency judgments” can come back to haunt home borrowers years after borrowers [...]
Modification Denied - now what?
My Modification was Denied My Modification was Denied and they’re foreclosing My Modification was Denied but they didn’t tell me until AFTER the foreclosure! These are common refrains in 2011. You were told you needed to miss some mortgage payments (by your lender no less!) You were told that this would get you into the modification program. But [...]