http://www.housingassist.com Housing Assist of America Wed, 10 Mar 2010 20:25:57 +0000 http://backend.userland.com/rss092 en In 2009 the Treasury Department was pushing lenders towards loan modifications.  In 2010, the government has built a program that will entice homeowners and banks to short sell these homes.  Short sales have become a growing trend in 2010 and will continue to be well into 2011. ... http://www.housingassist.com/government-pushes-lenders-for-short-sales/ 1 2 3 Go To Short Sale Approvals http://www.housingassist.com/ahms/ A lender is a private or public entity which loans money to borrowers. http://www.housingassist.com/lender/ A deficiency judgment is a judgment is when a lien is held against a borrowers.  This happens when the foreclosure sale does not produce enough money for the mortgage to be paid in full.  Generally, the lender may come after you for this deficiency depending on whether or not this ... http://www.housingassist.com/deficiency-judgement/ WHY USE HOUSING ASSIST FOR MY LOAN MODIFICATION??? Loan Modification is a process whereby a homeowner's mortgage is modified and both lender and homeowner are bound by the new terms. The most common modifications are lowering the interest rate, reducing the principal balance, 'fixing' adjustable interest rates, increasing the loan term, ... http://www.housingassist.com/loan-modification/ Foreclosure is when the lender issues a court ordered termination of a mortgagor's property.  This will usually happen when the borrower defaults, and is unable to make their mortgage payments moving forward.  In the past 2 years we have seen the number of foreclosures sky rocket, due to sub-prime lending. ... http://www.housingassist.com/foreclosure/ Friday, January 29th, 2010, 10:09 am The flow of California homes entering the foreclosure pipeline slowed in Q409, another sign that the troubles in hard-hit areas are dissipating into more expensive and previously insulated areas, according the MDA DataQuick. The San Diego-based real estate information service reported 84,568 Notices of Default (NODs) ... http://www.housingassist.com/california-defaults-slow-in-q409-data-quick/ 450,000 at risk in foreclosure-prevention program By Tami Luhby, senior writerJanuary 23, 2010: 7:25 AM ET NEW YORK (CNNMoney.com) -- Hundreds of thousands of troubled homeowners who are making lower mortgage payments on a trial basis are at risk of being kicked out of President Obama's foreclosure-prevention program. Companies that service the mortgages ... http://www.housingassist.com/450000-at-risk-in-foreclosure/ By Luke Mullins , On Monday January 25, 2010, 3:07 pm EST Existing home sales plunged in December, falling nearly 17 percent from November in their largest month-over-month drop since record-keeping began. Meanwhile, December's inventory represented a 7.2-month supply of unsold homes, notably higher than the 6.5-month supply recorded in ... http://www.housingassist.com/home-sales-tank/ $8 million in assets - and can't get a mortgage By Les Christie, staff writerJanuary 20, 2010: 9:45 AM ET NEW YORK (CNNMoney.com) -- The wealthy have money problems, too -- yeah they do. Even refinancing a mortgage for their fancy digs or getting a new loan can be near impossible these days ... http://www.housingassist.com/the-rich-cant-get-loans/