KTEH Facing the Mortgage Crisis

Forensic Loan Audits—What Are They? Should I Pay For One?
A “forensic loan audit” is a term that is being used to refer to someone looking over a homeowner’s loan documents in order to determine whether there is anything legally wrong with the loan. Companies and individuals that advertise this service promise to provide [...]

The Wall Street Journal reports, “Dozens of cities and counties around the country, from Sarasota, Fla., to Boulder, Colo., lost a total of $1.7 billion when Lehman Brothers went under, because they held Lehman bonds or other securities. San Mateo County’s loss was the biggest of any municipality.”
“San Mateo saw $155 million evaporate when Lehman [...]

This morning President Barack Obama announced a $75 billion mortgage relief plan for families that have “played by the rules.” This is one is one in a series of measures the president says will keep 9 million people from losing their homes. Here is a clip of his announcement this morning.

If your loan modification has been halted by a low credit score or a foreclosure has damaged your credit score, there are remedies. Learning about how your credit is rated will help you take steps toward improvement and avoid the kind of missteps that lead to a negative rating.
If you live in Santa [...]

A new law was passed in May that protects tenants whose landlords fall into foreclosure. Under the Helping Families Save Their Homes Act, tenants have the right to stay in their homes after foreclosure for 90 days or through the term of their lease. The bill also provides similar protections to housing voucher holders. [...]

Facing The Mortgage Crisis: En este programa de tres partes, KTEH monto a un grupo de expertos que ofrecen consejo sobre ejecucion de hipoteca, la prevencion de la ejecucion de hipoteca, la modificacion del prestamo, prestamos rapaces, fraude de las propiedades inmobiliarias, las derachas de los inquilinos y mas. Se ha doblado en espanol.