Posts Tagged ‘Home Equity Loans’

Home Equity Loans …Attached to Owners Property !?

Question about Home Equity Loans …Attached to Owners Property :
Say I can’t make the payments any longer ..for what ever reason ……Can they forclose on my home even if my mortgage is up to date ????

Home Equity Loans – BofA Becomes First to Sign Deal With U.S.

Principal Forgiveness.
The announced second-mortgage program does little to encourage the forgiveness of mortgage principal, what’s most needed in order to curb soaring foreclosures, said Bruce Marks, chief executive officer for Neighborhood Assistance Corp. of America, the Boston-based consumer group. The government is concerned that the four largest U.S. banks, including Bank of America, are holding [...]