Moe Bedard

Many homeowners who are having trouble finically do have a second mortgage put on their home. Reasons for this happening is because they had to refinance or just didn't have enough to pay off their first mortgage in the last couple of years prior to the recession. In struggling times, it is only ...

In California a new state mortgage debt relief act allows taxpayers to automatically eliminate from their income how much of their mortgage debt on their home loan that was forgiven by their lender. State Controller and FTB Chair John Chiang says, “California has been particularly hard hit by the...

  The housing crisis and amount of foreclosures that are occurring is common knowledge all throughout the media. Anyone who goes online or watches TV knows about it. But to truly understand it all you probably have to be one of the victims. A lot of Victims are happier to do as much as possible t...

 In the state of Florida, Greta Medina, 26, of Coral Gables, FL, Ricardo Estrada, 39, of Miami, FL, Dania Arguelles, 44, of Miami, FL, Fernanda Abrea, 50, of Miami, FL, Obed Hernandez, 38, of Miami, FL, Martin Mere, 42, of Port St. Lucie, FL, Nestor Collantes, 59, of Miami, FL, Alfonso Velasco, 5...

Massachusetts Attorney General Martha Coakley is trying to make a case against a loan officer named Christian Hayes for using illegal business practices in the State of Massachusetts. Hayes loan modification firm was prosecuted for several illegal uses. The illegal charges were advertising for a ...

Let's take this question I received in my forum as an example of  doing a little due diligence. This member was asking if a California Loan Modification company can help her in South Carolina and if they were a scam?  Within 1 minute on Google, I located the company and some disturbing facts. Her...

 A person's eyes can only have the wool pulled over them for so long, right? Am I right to say that a civilized society can only be asleep for a certain amount of time before they wake up and realize that they have been suckered? I am telling you that nothing really has changed too much from when...

Many homeowners want to know the ramifications that a foreclosure will have on their credit and most importantly, their lives. The facts are that a foreclosure is definitely not the end of the world and it isn't really going to change your life that much in the long term. Yes, the short term effe...

I get emails and questions in my forum/blog daily about loan modification companies and if they are all scams.  To say every foreclosure prevention company is a scam would be like saying every investment manager is like Bernie Madoff or every politician is corrupt. Here is the discussion and I ho...

It appears like Nevada courts seem to have a grip on foreclosure reality and I applaud them for stepping up for homeowners in their state. Now, it looks like many people will get a fair shot at meaningful mediation on their mortgages. Meaning, BETTER loan modification !!!! From the Las Vegas Sun:...