thanks, a little too late, i had to go into foreclosure. contacted my bank that held the mortgage to be proactive. gave them all the evidence to prove i couldnt pay existing mortgage payment but wanted to stay in home if payment could be lowered. didnt want to let home go i had over 25 years. bank wouldnt even discuss, their answer was get back to us if things change. well if you cant make your present mortgage payment, how much worse could it get. banks would rather foreclose than work with home owner. sorry, i must be stupid, i dont get it. shame on you banks.
There is no economic recovery without a housing recovery. From data on new housing starts to reports of existing home sales, reporter Meg Handley digs deeper into the latest news and numbers driving the housing market.
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arlene of DE 4:57PM January 23, 2012