underwater : Loan Modification Key

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N.J. continues to lead in foreclosures as country rebounds

*Google Earth Image Nationwide, properties starting the foreclosure process during the first half of 2016 were down 17 percent from the same time last year, the lowest figures recorded since 2006, according to data recently released by RealtyTrac. One in 249 housing units currently have a foreclosure filings in the United States, or 533,813 properties. The homes in foreclosure account

Loan Modification Key: NJ Homeowners Facing Foreclosure to Benefit From Over $69 Million

“It’s important to do everything we can to help struggling homeowners who are #underwater and facing #foreclosure stay in their homes, keep families together and strengthen neighborhoods,” said Menendez, the ranking member of the Housing Subcommittee. “This is critical funding to help address New Jersey’s worst-in-the-nation foreclosure crisis.”   “Unfortunately, too many New Jersey families and communities

Loan Modification Key: ‘Underwater’ homeowners still need help

This is a frightening problem. There’s no easy solution. Many think that seven years after the toxic mix of unaffordable mortgages, a collapsing economy and sagging #home prices pummeled the region, the problem’s been solved. But it remains, disproportionately hitting black homeowners in areas like southeast Queens, the study found.   The state #attorney general,

Jackson County debt-ridden homeowners have an option

By Greg Stiles Mail Tribune   Jackson County single-family residence values have recovered substantially since plunging when the real estate bubble burst. Nonetheless, Zillow Real Estate Research reports that as many as 19 percent of local homeowners remained underwater — owing more than their house’s value — at the end of 2014. In some quarters
IMPORTANT: The text in this website and product(s) sold on this website do not substitute for legal advice. Nor does the text substitute for real estate, financial, tax, bankruptcy or other professional advice. Loan Modification Key® and its owner(s) cannot and do not guarantee results from any lender or servicer. Loan Modification Key® and its owner(s) do not represent any loan modification program or governmental program. Loan Modification Key® and its owner(s) do not represent any government agency. The text herein represents information, opinion and expertise gathered in the last several years' experience in the mortgage industry. Loan Modification Key® is a non-profit 501 (c)(3) tax-exempt organization.
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