Archive for November, 2009
Don’t Deliberately Fall Behind on Your Mortgage to try for a Modification
I sat in my Lehigh Valley office Friday with a person who was advised by an out of state mortgage modification company to stop paying her mortgage in order to qualify for a HAMP modification.
This is stupid.
The purpose of HAMP is to give people who are struggling to keep up with their mortgage a break. [...]
The Coming Economic Time-Bomb, April 2010
A lot of people, including Hollywood, are hyping 2012 as the end of the world because the Mayan calendar ends with the year 2012. The Mayan calendar has 260 days on it as well, so I’m not putting much stock in that.
I’m more worried about April 2010, the month the housing crisis could explode.
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