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Will the $26 billion dollar settlement help homeowners?  The short answer -Probably Not. I have had numerous clients ask me about the highly touted settlement involving the attorney generals and the major banks.  Understandably, $26 billion sounds like it could potentially help a lot of people who want to stay in their home.  However, a ...

A recent article in the Press Enterprise states that home sales in the Southern California area have reached their highest level in the last 5 years.  The article goes on to state that home sales have been spurred by cash buyers and investors looking for properties under $300,000.  The article also shows that the average ...

Flagstar Bank is one of the largest banks headquartered in the midwest.  It is also one of the larger mortgage lender and does a significant amount of business in wholesale mortgages.  I recently had a client approach me with a home financed through Flagstar Bank.  While the loan was a standard mortgage with Flagstar, it ...

The majority of my clients live in Riverside and San Bernardino County.  Occasionally my clients refer me to people who live outside those area and I am happy to help those clients.  If you like what you read and are considering modifying your loan with Chase, contact us today at (951) 801-5570. I recently obtained ...

In the last year and a half, I find that I spend a lot of time working with clients who are interested in a short sale to get out from under a property that is worth less than they owe.  As you already know, a short sale is a process where the lender agrees to ...

Wells Fargo Bank is the second largest bank in the U.S. in terms of deposits, home mortgage servicing, and debit cards.   As one of the largest banks in the U.S., I am often asked about loan modifications with Wells Fargo.  Like all of the larger banks, Wells Fargo is offering loan modifications to client.  Our ...

More and more clients are considering their litigation options when facing foreclosure in Riverside County.  For many clients, litigation can be a great way to stop foreclosure and force a bank to accept an alternative to foreclosure as opposed to loan modification or bankruptcy.  However, this process can be timely and involves the court system ...

Sample Loan Modification Results-IndyMac After filing bankruptcy in 2008, IndyMac Bank is now owned by OneWest bank.  At one point IndyMac was one of the largest savings and loan associations in Los Angeles.  According to loan origination, it was the 7th largest bank in the US. Like many of the large banks, De Novo Law ...

A recent article posted on CNN reveals that home prices are now at a 10-year low across the nation.  While the reasons for the drop in home sales is varied, many economists forecast that home prices will continue to decline in the coming months.  One reason for the decline is that the government is no ...