KTEH Facing the Mortgage Crisis

The blog will remain online as a resource but our team of experts will no longer be answering questions here. If you don’t find the help you need in this archive, you can find a list of non-profit organizations that can help with mortgage problems here. Click here to see a list by county.
You can [...]

No Cost Help During America’s Foreclosure Crisis
When: Saturday December 4, 2010 9:00 am – 2:00 pm
When: Immaculate Heart of Mary Church 1100 South Center Street in Santa Ana, California
What: In the midst of the housing foreclosure crisis, New America Media (NAM) and the U.S. Department of Housing and Urban Development (HUD) in partnership with Neighborhood [...]

Fannie Mae releases Servicing Guide Announcement SVC-2010-07 an Introduction of Fannie Mae’s Home Affordable Foreclosure Alternatives Program.

It is estimated that about 20% of the homes going into foreclosure are rental properties so many victims of the Mortgage Crisis are tenants. They aren’t getting much sympathy from the banks or their property management companies. Instead renters are being handed eviction notices.
If this has happened to you or someone you know, keep [...]

Saturday June, 12 home owners and renters can get information about the Making Home Affordable and the City of Menlo Park Foreclosure Prevention programs at a free Resource Fair.
 Meet one-on-one with a HUD-approved housing counselor to discuss
your options to avoid foreclosure.
 Meet one-on-one with a lender to talk about how to better manage your [...]

Recently I got a question, via email, asking if “lease to own” was emerging as an option to a foreclosure. I asked our experts to weigh-in. Here’s what they had to say:
Yes it is an emerging alternate strategy. Read the fine print very carefully. The most important thing for the prospective lessee/buyer is that [...]