Las Vegas Foreclosure & Short Sale Blog

75% of modified home loans will re-default

Published on 2010-06-19 05:55:00

Most borrowers who have had their mortgages modified through a government-sponsored program will redefault within 12 months, according to a report released Wednesday.   Between ...Read more

US economy faces “double-dip” recession

Published on 2010-06-10 12:22:08

Economists in the United States, are worried that their country’s maybe facing a double-dip recession. A disappointing employment situation and a lack of consumer ...Read more

BofA: Mortgage Walkaways Have Huge Incentive

Published on 2010-06-08 06:32:47

Bank of America rolled out their new “Principal Reduction Enhancement” program, which is an earned principal forgiveness plan for borrowers behind on their mortgages ...Read more