The Foreclosure of America: Life Inside Countrywide Home Loans and the Selling of the American Dream Reviews

Now in paperback-an inside look at Countrywide Home Loans and the mortgage crisis, from a former mortgage lender executive. In July 2004, Adam Michaelson attended a high-level meeting at Countrywide Financial headquarters about a new loan product that would allow borrowers to pay less than their minimum monthly payment. The “finance jocks” believed that the booming housing market would only get bigger, supporting homeowners in a cycle of borrowing against their houses and refinancing later. They were wrong. And when the bottom dropped out, Countrywide suffered the consequences-as did millions of Americans. With an insider’s knowledge and thorough reporting on [...]

42 Rules for Saving Your House from Foreclosure: A Practical Guide to Avoiding Foreclosure, Navigating the Loan Modification Process and Keeping Your Home

This book is for anyone who is in a bad mortgage situation. You have an adjustable loan; your monthly payment has now skyrocketed to an amount you can’t afford on a monthly basis. That is the situation I found myself in. After four applications to my bank for a loan modification, I decided I needed to get professional help. Craig Triance is my lawyer and co-author in this biographical “how to” book about my process to save my home. We captured the critical things I learned along the way, so you can avoid making common mistakes. The rules are legally [...]

Foreclosure Self-Defense For Dummies Reviews

Facing foreclosure? You need to do three things: stop worrying about why this has happened to you; resolve to fight the foreclosure and save your home; and read Foreclosure Self-Defense For Dummies. It delivers the knowledge, strategies, and tactics you’ll need to take command of your situation and achieve the best possible outcome.This practical, no-nonsense guide helps you size up your options and increase your chances of saving your home. You’ll find out how to delay foreclosure, form a plan of attack, negotiate solutions with your lender, and restore your financial health. You’ll also find field-tested strategies for dodging the [...]