Northern California Mortgage Mods

Posts under ‘Support for the Act’

Oakland foreclosure prevention workshop April 29

Foreclosure prevention and coping with foreclosure, either as a homeowner or a tenant,  will be the focus of a workshop in Oakland Wednesday April 29th.
The workshop will be held at the West Oakland Teen Center from 3 p.m. to 5 p.m.
More details when I can find them.
Meantime, it appears that the mortgage modification bill [...]

Bay Area foreclosure help fair Thursday

Foreclosure prevention counseling, credit counseling, and loan modification help will be available at the Santa Clara County Fairgrounds noon to five p.m. April 23rd.
The event is sponsored by the City of San Jose’s housing department and other local housing organizations.  Homeowners are asked to bring their original loan documents, bank statements, mortgage statements, tax returns [...]

Debunking arguments against mortgage modification

Giving bankruptcy judges the same right to help families with underwater  home mortgages as investors now have will not create a flood of bankruptcy cases. Yet this is one of the arguments that opponents to S. 61 bandy about as a reason to kill the bill.
I see financially struggling families day in and day out [...]

Bankruptcy Judges Support Mortgage Modification

The National Conference of Bankruptcy Judges has come out in favor of the “Helping Families Save Their Homes in Bankruptcy act of 2009.”  This isn’t really very surprising – the bill will give the judges the discretion to modify a house payment and save countless homes from foreclosure.  At the same time, it will allow [...]