How to get rid of a Second Mortgage without a Loan Modification

 The following article released on January 3, 2011 has been reprinted with permission from Huffington Post. Following the maxim that drastic times call for tepid measures, the banking industry continues to pay “lip service” to loan modifications while doing little. On Dec. 15, the Congressional Oversight Committee admitted the government’s Home Affordable Modification Program (HAMP) [...]

Are Loan Modifications Causing Foreclosures?

Editorial note: This blog post ran 8/20/2010 on Huffington Post.  It is reprinted with permission from Huffington Post. When the economy crumbled in 2008 as real estate values plummeted, Congress was under pressure to appease the public’s demand for action to stem the tide of foreclosures. Congress considered repealing the prohibition in the law against [...]