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| HOMEOWNERS CRISIS HELP - WHAT WENT WRONG? |
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| HOPE - FREE HELP FOR PEOPLE FACING FORECLOSURE (Updated 9-2011) |
| If you are facing foreclosure or considering walking away from your home, call for free help NOW! |
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| HELP ON THE WAY FOR UNDERWATER HOMEOWNERS?! |
| If you owe more than your home is worth and you are trying to refinance and lower your payments, help may be on the way! |
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| FUNDING FOR COUNSELING OF FORECLOSURE THREATENED HOMES EXPANDED |
| More help on the way for families facing possible foreclosure. |
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| TREASURY ISSUES NEW HAMP RULE REQUIRING SINGLE POINT OF CONTACT DURING LOAN MODIFICATION! |
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| Senators Propose Homeowner Advocacy Office for HAMP Grievances |
| 04/05/2011 By: Carrie Bay
Although the Treasury Department has vowed to hold mortgage servicers publicly accountable for their adherence to Home Affordable Modification Program (HAMP) guidelines, some senators want to go one step further.
They have proposed establishing a new federal agency as a means of recourse for “families who face foreclosure but believe their mortgage servicers are breaking the rules,” as Sen. Al Franken (D-Minnesota) put it.
The Homeowner Advocate Act of 2011 (S.690) would create an Office of the Homeowner Advocate for the purpose of protecting homeowners seeking mortgage modifications through HAMP.
The bill was introduced by Franken, along with U.S. Sens. Olympia Snowe (R-Maine), Robert Menendez (D-New Jersey), and Jay Rockefeller (D-West Virginia), and has been referred to the Senate Banking Committee for consideration.
According to the bill, the Office of the Homeowner Advocate would have three primary functions: to assist homeowners, housing counselors, and housing lawyers in resolving problems with HAMP; to identify areas where homeowners are having problems in dealing with the program; and to identify possible administrative and legislative changes to HAMP.
Although the Dodd-Frank Reform Act established the Consumer Financial Protection Bureau to serve as a consumer advocacy agency — with jurisdiction over mortgage lending regulation and, according to bureau officials, oversight of mortgage servicing rules as well — the proposed Office of the Homeowner Advocate would deal directly and exclusively with the government’s mortgage modification program. HAMP has come under heavy fire for unmet goals in terms of homeowners helped and inconsistent treatment of borrowers.
The legislators say the new HAMP office would be modeled after the Office of the Taxpayer Advocate at the Internal Revenue Service (IRS). It would be funded from money that is available for the costs of administering the HAMP program, but is not otherwise committed.
As laid out in the language of the legislation, the office would be run by an independent director, appointed by Treasury and HUD. The bill explicitly states that this director cannot have worked for a servicer or for the Treasury Department within the past four years.
The office would be staffed with officials who have the authority, on a case-by-case basis, to implement servicer remedies, subject to the approval of the assistant Treasury secretary for financial stability, who currently oversees Treasury’s mortgage relief programs. According to the senators, this assistant secretary backing will help to ensure that the staff of the Office of the Homeowner Advocate “actually has the ability to make servicers follow the rules.”
“As recent news has shown, there have been serious problems with the current foreclosure modification program that have caused problems for too many homeowners,” said Sen. Rockefeller. “By creating an Office of the Homeowner Advocate, we would enable those homeowners who are receiving unfair treatment to have their issues resolved….[W]e should reward those who are working to modify and pay off their mortgages, not punish them.”
According to Rockefeller and his colleagues, if the legislation to establish an Office of the Homeowner Advocate passes, as many as 3 to 4 million homeowners would benefit from HAMP.
That target is the initial goal set for the program by President Obama – a goal that right now seems far out of reach. According to the latest figures from Treasury, as of the end of February, there were just over 557,000 active permanent HAMP mods in place. The federal program is set to expire at the end of next year.
Last month, Treasury announced that beginning in April, it will start publishing scorecards on individual servicer’s HAMP performance. Officials say they will withhold financial incentives from servicers that receive unsatisfactory grades.
According to the senators behind the Homeowner Advocate Act, Treasury’s “acknowledgement that further action is needed to prevent abuse in the mortgage servicer industry highlights the need to establish an entity that would advocate on behalf of homeowners.”
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| Refinance Program for underwater homeowners extended! |
| If you owe more than your home is worth and you are in trouble with your Fannie Mae or Freddie Mac loan, contact for refinance. |
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| HARDEST HIT ALABAMA FUND - FORECLOSURE HELP IS HERE! |
| Residents in Alabama can now receive federal funds to prevent foreclosure through a new statewide program called Hardest Hit Alabama.
Gov. Robert Bentley said the program will be used to allocate $162 million set aside by the federal administration one year ago to help unemployed homeowners in Alabama stay current on their mortgage.
The U.S. Treasury Department's Hardest Hit Fund was established to provide targeted aid to families in states hit hardest by the economic and housing downturns. States were chosen either because they are struggling with unemployment rates at or above the national average or steep home price declines greater than 20% since the housing market crash.
Alabama's current unemployment rate sits at 8.9%, according to the U.S. Bureau of Labor Statistics. At the time the funds were allocated by the federal government, the unemployment rate was 10.8%. The Alabama Housing Finance Authority said as of June 2010, 46 of the state's 67 counties had double-digit unemployment rates.
Foreclosure prevention funds are distributed by the state housing finance agency, which in this case is the AHFA. Please visit the web site www.HardestHitAlabama.com or call 1.877.497.8182 for more info.
The Hardest Hit Alabama fund will supply eligible homeowners with up to 12 monthly mortgage payments, or up to $15,000 per household, depending on which limit is reached first. To qualify, applicants must have a total annual household income less than $75,740 and the unpaid principal balance on their home's mortgages must be less than $258,690.
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| INSURANCE COMPANIES COMING INTO THE COASTAL AREAS. |
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| FRANKLIN PRIMARY HEALTH CENTER OPENING IN FOLEY, AL! |
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| BP OIL SPILL ASSISTANCE |
| 1-800-639-REBOUND (732-6863)
If you need any assistance because of the BP Oil Spill, you can call for help @:
Mobile County: 251-824-2221
Baldwin County: 251-968-3118 |
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| If You Are Struggling To Pay Your House Payments - Help May Be Here! |
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| States Named Halting Foreclosures Due To Bad Paperwork |
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| One In Five Mortgages Is In Danger Of Foreclosre |
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| Thrift Stores In Our Area - Baldwin County, AL and nearby |
| Great bargains can be found at these local stores. |
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| Baldwin County Now |
| Great Information Website for S. Baldwin County, AL |
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| Suze's Tips On Tax Breaks When Dealing With Short Sales |
| Good information to know if you are facing a foreclosure or Short Sale. Also information concerning the sale of a primary home when dealing with your spouse's death, and new information about using PMI as a tax deduction. |
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| Your Rights When Dealing With Debt Collectors |
| You do have Rights! Many debt collectors are abusing or breaking the law. KNOW YOUR RIGHTS! |
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| Florida Courts Are Pushing Ahead With Foreclosures At Record Pace |
| Retired Judges hired to push through cases, sometime ignoring paperwork. Cases are being investigated now! |
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| Denise Evans Blog W/Information on Foreclosure & Short Sale News |
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| Perscription Assistance Programs |
| Bridges to Access is a patient assistance program for low-income patients who have no prescription drug benefits. Bridges to Access applicants can enroll by mailing a completed application, a current prescription, and income documentation. A healthcare worker must call to enroll applicants who need immediate access to medicine.
To learn more about this program or get an application, please contact:
Bridges to Access - 1-866-728-4368 or www.BridgestoAccess.com
We appreciate the opportunity to serve you. If you have further questions concerning GlaxoSmithKline or our products, please contact our GSK Response Center at 1-888-825-5249 during our normal business hours, Monday through Friday 8:00 A.M. to 6:00 P.M. (Eastern Time).
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| 8 Companies/Indivduals Banned From Offering Mortgage Relief! |
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| Homes Keep Falling Into Foreclosure |
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| Homelessness: Focus Shifts to Shelters With Wellness Services |
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| BP LOSS CLAIMS INFORMATION FOR THE GULF COAST RESIDENT |
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| New Fannie Mae Program to Lease Back Your Foreclosed Home |
| If you own a home w/a Fannie Mae loan and are in danger of foreclosure, there is a new program to let you rent the home back once you give it up. Always consult an attorney before signing any paperwork to give up your home! |
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| Emergency Housing Assistance |
| This program takes approximately 2 weeks to complete the forms required and be processed. This is for temporary housing only. |
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| NEW HELP FOR HOMEOWNERS WITH THE HAFA PROGRAM |
| New Program Saves Credit Scores and Curbs Foreclosures
Home Affordable Foreclosure Alternative Program
A new federal program, the Home Affordable Foreclosure Alternative program (HAFA) is designed to help homeowners who can’t afford their mortgages move into housing that is more affordable and save their credit scores along the way. Part of the Home Affordable Modification Program, or HAMP, the program encourages short sales, in which owners can sell a home and cover the mortgage, even if the sale price is less than the loan amount. It also offers as an alternative to foreclosure a deed-in-lieu, or DIL, which allows a homeowner to give up the property to satisfy the mortgage, even if the home is worth less than the loan amount.
HAFA is available to homeowners who are delinquent in paying their mortgage. There are a lot of rules and it doesn’t apply to all loans, including Fannie Mae or Freddie Mac — the two government-run mortgage houses are expected to release guidelines soon.
The program started April 5, 2010, and a homeowner must sign a Short Sale or DIL Agreement by December 31, 2012 to qualify. Though a short sale or DIL will still affect a person’s credit rating, these options are considered better alternatives than foreclosing on a home.
Do you qualify? First, you must apply for a loan modification through HAMP. Owners found ineligible for that program may qualify for HAFA. Call 888-995-4673 to speak to a government-certified mortgage counselor for more information
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| Credit Cards Are Going After Your Debt In Court! |
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| Loans To Help Fix Up Those Newly Purchased "Fixer-Uppers"! |
| If you are buying a fixer-upper and using an FHA Loan, there is a little used mortgage program just for you! |
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| WHAT DOES THE NEW HEALTHCARE BILL MEAN TO YOU?! |
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| NASTY SURPRISE FOR HOMEOWNERS USING GOVERNMENT'S MORTGAGE ASSISTANCE PROGRAM! |
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| Short Sales Are On the Rise & May Be Your Best Option! |
| With the new Short Sale rules going into effect in April, you could be in much better shape than you think! Banks will soon be allowing many more Short Sales over Foreclosures. Your credit will be hurt much less than with a Foreclosure - and you may be able to get the remainder of the debt released. Call me if you want more information: Deborah Benton, Certified Distressed Property Expert, Gulf Winds Realty - 251-747-2636. |
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| ARE YOU IN NEED OF EMERGENCY HOUSING? |
| Call 1-800-569-4287 for housing assistance! |
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| FORECLOSURE SCAMS TO BE AWARE OF! |
| If you are approached by someone claiming to be an "Investor" or someone who "assists distressed homeowners" - who either wants to buy your home and/or negotiate a Short Sale for you with your mortgage company - and they ask you to pay a fee up front, or give them a mortgage payment to send into your mortgage company or to sign over a Power of Attorney or sign the Deed to your home over to them - PLEASE DON'T!!!! They are scammers and will take your home & or your money! There are CDPE (Certified Distressed Property Experts) w/certification and expertise. Always check out the person! I am a CDPE and I can tell you, I will ask you to check out my credentials. |
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| NEW SHORT SALE REGULATIONS STARTING APRIL 5, 2010 |
| New short sale regulations could prevent foreclosures
The Herald-Tribune reports that households with mortgage payments that exceed 31 percent of their income and received home loans for $729,750 or less before January 1 may benefit from speedier short sale regulations.
Under the Home Affordable Foreclosure Alternatives (HAFA) Program, lenders will have 10 days to accept or deny short sales from qualified individuals. If they are approved, these borrowers may be relieved of their remaining debt and receive as much as $1,500 to cover the cost of moving.
In addition, lenders will receive a $1,000 incentive per short sale. Institutions that hold second mortgages may be entitled to as much as $3,000 from the sale.
The program was created to address the problems associated with the drawn-out short sale process, which has allowed many lenders to deny homeowners this option at the last minute and potential buyers to walk away in frustration.
HAFA will take effect on April 5 and be available through next year, according to the National Association of Realtors.
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| Fannie Mae Incentives To Push Home Buyers! |
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| Banks Are Looking For More Bailouts - Update On Florida |
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| FORECLOSURE LAWS BY STATE |
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| Alabama Foreclosure Laws - Subject to Change |
| Know how the process works and the time-line you have when facing foreclosure. |
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| HARP Receives a One Year Extension - Can You Qualify? |
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| There Is Hope For Some Facing Foreclosure! |
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| The New Poor In The U.S., Is The Middle Income Shrinking? |
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| Report Card on Mortgage Loan Modification Program is Out - And Not Good! |
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| Farmers Insurance Dropping Coastal Wind Coverage in Baldwin/Mobile Counties, AL |
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| IRS Updates Requirements For Tax Credit For Homebuyers |
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| New HUD Regulations Can Further Damage The Real Estate Market! |
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| 20 Million Homes Predicted to Face Foreclsure If We Don't Find An Answer! |
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| What is Cash For Keys? Are You Losing You Home To Foreclosure? We Can Help! |
| Most banks/mortgage companies will give you a small amount of money to turn your home over to them in good condition. The idea is to help you, the Homeowner, have enough money to be able to move and find a new place to live. Let us Help You! |
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| Citigroup is pushing for Deed in Lieu of Foreclosure And Allow the Owner Stay in the Home for 6 Months |
| This is a pilot program that will be started in the hardest hit states for foreclosures - and will be expanded gradually. |
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| Is Foreclosure Or Short Sale The End - Or Is There More?! |
| A short sale or foreclosure may not be the end of your debt. Banks & Mortgage Companies may come after homeowners for balance between sales price and balance of debt. Get it in writing that your debt is released! |
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| TAX BREAKS FOR 2009 TAXES THAT MAY EASE YOUR BURDEN! |
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| Record Number Of Foreclosures Still To Hit The Market |
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| Insurers Profit From Flood Insurance |
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| Housing Outlook for 2010 |
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| New Stimulus Incentives Promoted by President Obama |
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| Loan Modifications Urged to Improve/Increase |
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| Checking How Your Credit Score Is Computed |
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| Story on Abusive Mortgage Lending |
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| Latest Numbers As Foreclosure Areas Shift |
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| Peak For Unemployement & Foreclosures Predicted for 2010 |
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| Foreclosured Properties Increasing on the Auction Block |
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| New Wave of Foreclousres Set to Hit the Market |
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| FHA May Need A Bailout |
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| Are Distressed Homes Worth It? |
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| Look Who Now Has Federal Funds For Mortgage Modifications! Oh my! |
| Several mortgage companies w/bad records now have been given federal funds to modify loans. Why?! |
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| Government Agency Hires Company To Go Door To Door |
| Freddie Mac hires agency to go door to door to homeowners behind on their mortgage - offering loan modification. |
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| MAJOR MUST READ IF YOU ARE FACING FORECLOSURE! HELP MAY BE HERE! |
| Now is the time to talk to an Attorney about this story. "Produce The Note" may give homeowners in danger of foreclosure the ability to keep their homes. Please pass this information on! |
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| A Flood of Foreclosures Are About to Hit our Market - Then What?! |
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| Important Information When Considering Bankruptcy |
| Update on filing for Bankruptcy & how it effects your credit card debt. |
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| Loan Modifications May Be In Trouble |
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| Report on Alabama's Homeowners' Insurance Crisis |
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| Report from Florida Supreme Court Task Force on Residential Foreclosures |
| One recommendation is to establish a website to inform people about the process of foreclosure and the help available. Well, here we are! |
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| Free SafeLink Cell Phone & Service - Do You Qualify?! |
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| Have You Fallen And Need Inspiration To Get Back UP? |
| Nick Vujicic's inspirational speech will give you renewed hope that you can survive! |
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| Job Clubs - Newest Way To Help Find A Job |
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| Legal Aid Help in Alabama |
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| Report on Banks loan modification numbers |
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| Read the book: Innocent Victims (Credit Info) |
| Regina Littles explains how credit works & how to keep from being an victim. A MUST READ! Now on sale at Barnes & Noble. |
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| Plan To Keep Forclosed On As Renters - Proposed Bill |
| This is a win/win for all involved. The owners will be given the option to rent at fair market values, creating less vacancies. |
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| State Farm Insurance Rate Hikes Denied in Florida |
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| Solutions to Homeowners Insurance Crisis Discussed at Multi-State Forum |
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| Feeding America |
| Assistance in locating your local Food Bank. |
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| Catholic Charities Helping Baldwin County Poor |
| The "Neighbor Helping Neighbor Program" |
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| President Obama's New Steps To Help The Housing Market |
| July 3, 2009 - New updates to help qualify more homebuyers for loan modification. |
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| How Long Will A Foreclosure, Short Sale or Bankruptcy Affect Your Credit? |
| Facts on how and how long a foreclosure or short sale affect credit. |
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| Bill Will Hurt Foreclosure Victims From Owning A Home |
| This bill has already passed the House and is in consideration by the Senate. For families like mine, victims of foreclosure, owner financing will be our only option to buy a home for up to 7 years. If this bill passes, investors will be limited to the number of owner financing properties they are able to provide to families like mine. We will be forced to rent for years! |
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| Help Available For Baldwin County Homeless - Numbers on the Rise |
| Homeless Task Force of Baldwin County apply for grant for additional funds to help people avoid eviction & stay in their homes. Numbers are on the rise due to job loss, pay cuts, unemployement benefits reduced, etc. If you need help, contact us by clicking Here |
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| HUD Approved Non-profit Agency Helps Modify Home Loans |
| Help for the Birmingham, AL area. Call 205-591-7500 Call your local HUD office for the office closest to you. |
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| Mortgage Forgiveness Debt Relief Act - Know The Facts |
| Know your rights and obligations when dealing with tax issues caused by foreclosure and short sale. |
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| Beach Pool Insurance Rates (of last resort) going up. |
| Rates going up in some areas, not in others. |
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| Homeowners' Insurance Crisis Worsening |
| Fox 10 News update on the Homeowners' Insurance Crisis. |
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| Homeowners Insurance Cost In Coastal Alabama Still Major Concern |
| Senator Pittman, Representatives Davis, Faust, McMillian, Baker and Shiver meet w/Baldwin County United to discuss the most urgent concerns for Baldwin County Residents. |
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| Another Group Fighting For Fair Homeowners' Insurance Rates |
| We are NOT alone in our fight to bring down Homeowners' Insurance Rates. Check out this group! |
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| Blogtalkradio Show #2 Homeowners Crisis Help |
| Information on assistance when trying to prevent or stall foreclosure, assistance information to help you survive the recession, find affordable food, affordable housing, low cost medical care, discount shopping, and much more! |
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| Check Out Our Need Help Page for Assistance Information |
| We have assistance information on help feeding your family, finding affordable housing, low cost medical care, discount shopping and much more! |
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| Fox 10 News Story On Our Website: Help Stop Foreclosure |
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| Alabama Lawyers Helping Homeowners Facing Foreclosure |
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| Utube Ad |
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| Produce The Note Stradegy To Stop Foreclosure |
| Article to inform you on how to try and stop foreclosure by demanding the bank/mortgage company to "Produce The Note".
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| ' target='_blank'>Updated Weather Forecast for Baldwin County, AL |
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| 11 Ways To Earn Extra Cash |
| Article on Yahoo! Finance with helpful ways to earn extra money. |
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HOW LONG DOES A LOAN MODIFICATION TAKE?
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| Excellent article on the process of a Loan Modification. |
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How to Report Neglected Foreclosed Homes In Your Neighborhood
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AL House Senate Committee Pass HOI Bills
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| Alabama's Banking & Insurance Committee pass two bills to help ease the cost of coastal homeowners insurance. How will they help? |
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ADVERTISE YOUR PROPERTY FOR $1.00!
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| Search our Distressed & Storm Damaged Properties, or advertise your property for $1.00! Advertisement includes a link to your website w/certain restrictions. We are a secure website, dedicated to helping you save your home from foreclosure or short sale, provide you with the information you need to survive the recession - and if all else fails, provide a website where Investors/Buyers can find your property for a quick sale. Our goals are to provide information, help and HOPE! |
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ATTORNEYS FIGHTING FORECLOSURES IN FLORIDA
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| Today Show story on 50 Attorneys in Miami donating a day to review homeowners mortgages to stop foreclosures. |
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Homeowners Hurricane Insurance Crisis
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| If you are concerned about your Homeowners Insurance Rate HIKES - please visit this website for updates on the progress to fight back! |
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AIUA
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| One of the biggest issues homeowners in Baldwin and South Mobile Counties are currently facing is the price for wind/hail coverage. Many homeowners are receiving "Non-Renewal Notices" from their current Insurance companies. One alternative is to get a quote from AIUA - Alabama Beach Pool Insurance Information. I've provided the link. |
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| Realtor Creates Website To Help Others |
| News story on website: RealEstateAgentsArePeople2, also known as HomeownersCrisis.com |
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NEWS STORY ON HOMEOWNERS' FINANCIAL CRISIS DAY
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| The Homeowners' Financial Crisis Day on Saturday, March 14th News Report. |
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| Check Out Distressed Sales & Storm Damaged Properties |
| Search our currently listed distressed sales and storm damaged properties, or list properties of your own. |
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