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Before I discuss our view of the current mortgage crisis, I’d like to introduce you to the work of the organization I oversee through the voice of one of our clients facing foreclosure. While we read almost daily about the rising number of foreclosures in every corner of our country, not many of us get much closer to the problem than that.
Before I discuss our view of the current mortgage crisis, I’d like to introduce you to the work of the organization I oversee through the voice of one of our clients facing foreclosure. While we read almost daily about the rising number of foreclosures in every corner of our country, not many of us get much closer to the problem than that.
If a homeowner is looking at keeping their home and avoiding foreclosure, there are two common plans that CCCS counselors typically explore with their lenders.
Since last month’s announcement by President Bush to help homeowners with subprime, adjustable-rate mortgages stave off foreclosure, many mortgage servicers have been working overtime to keep people in their homes.
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