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Foreclosure Defense and Loan Modification Blog

I've Got 99 Problems and They Are All Ocwen

Posted by Madel Bermudez

Monday, May 26, 2014

The name Ocwen financial corporation may sound familiar considering they are one of the main providers of national residential and commercial mortgage loan servicing. They have headquarters in Georgia with offices in West Palm Beach and Orlando, Florida, amongst other locations throughout the United States. Ocwen is also licensed to service mortgage loans in all 50 states and has been servicing for over 25 years. To top it all off, Ocwen is the fourth ranked subprime mortgage servicing company behind the likes of giant familiar companies such as Bank of America/Countrywide and Chase Home Finance.

 

You might be saying to yourselves, “well, referring to the above information and the fact that Ocwen is such an immense servicing corporation, then why the 99 problems title?” It is not just meant to be a little clever... Listen closely and I'll explain why:

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Topics: ocwen loan modification

Mom Breaks It Down Foreclosure Style

Posted by Madel Bermudez

Friday, May 23, 2014

No, you didn't misread, this mom actually raps about her foreclosure. So feast your eyes on this mom making light of a terrible situation by cleverly rapping about her whole foreclosure process.

Mom says that she's “sick of these banks taking our homes and pocketing all the money! Here's my story - and I decided to rap it!”

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Topics: loan modification, foreclosure defense

Know Your Rights when Debt Collector Comes Calling

Posted by Jake Sterling

Tuesday, May 20, 2014

It's important for consumers to understand they have important rights if contacted by a debt collector about a delinquent or defaulted account. "Millions of consumers per year may find themselves behind on payments and are contacted by a creditor or debt collector," ACA International CEO Pat Morris said.  "While no one ever wants to get a call or letter telling them they owe money, consumers need to know they are protected by very important federal and state laws."

America's economy relies on the repayment of consumer credit such as loans, credit cards, and bills for services rendered to keep costs down and ensure the availability of affordable credit. Federal, state, and local governments in the public sector also rely on the repayment of billions of taxpayer owed dollars in delinquencies including student loans, uncollected court fees, unpaid taxes, library fines, and traffic tickets. The following are helpful tips for U.S. consumers who may be contacted about a rightfully owed debt:

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Topics: understanding credit, Scam Alert

Consumer Complaints: Loan Modification Scams Highlighted

Posted by Jake Sterling

Tuesday, May 13, 2014

Recently, the Lawyers’ Committee for Civil Rights Under Law and NeighborWorks® America highlighted the ongoing foreclosure rescue scam crisis during a press conference to identify top consumer complaints in New York.

During this National Consumer Protection Week event, representatives offered guidance on avoiding financial scams, including loan modification scams.

The Federal Trade Commission’s Office organized the press event, which highlighted the most egregious frauds plaguing New York residents and featured scam avoidance tips from the Better Business Bureau Serving Metropolitan New York, United States Postal Inspection Service, New York Attorney General’s Office, New York State Department of Financial Services, New York City Department of Consumer Affairs and AARP.

The Loan Modification Scam Alert Campaign educates homeowners about the warning signs that indicate that the person or company offering assistance may be a scam. The top three warning signs of a scam are any person or company that:

• Asks for fees in advance of fully providing services

• Guarantees that they’ll stop a foreclosure or get your loan modified.

• Tells you to stop paying your mortgage company and to pay them instead

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Topics: mortgage fraud, loan modification scams in Florida, Scam Alert

7 Steps for Baby Boomers to Secure Their Financial Futures

Posted by Jake Sterling

Tuesday, May 6, 2014

While Baby Boomers are generally in better financial shape than their younger counterparts, many of their needs are more urgent due to their relatively short time horizon until retirement. Here are some steps for Baby Boomers to take now:

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Topics: understanding credit, financial worksheet for loan modification, Scam Alert

About this Blog

Amerihope Alliance Legal Services is a leading loan modification and foreclosure defense law firm with attorneys licensed in 5 states. We have helped over 7,000 homeowners fight back and keep their homes.

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Our goal is to provide valuable information to help homeowners who are trying to obtain a loan modification or to stop foreclosure. You may schedule a free consultation at any time.

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