Archive for the ‘News & Information’ Category

Loan Modifications and Foreclosure

Monday, July 20th, 2009

Recent New York Times Article examines “loan modification” companies and their close link to the mortgage brokers who were involved in brokering the sub-prime mortgages which they now propose to “modify”.


News: New York Times Article Highlights Problems of Foreclosure and Loan Modification

Monday, June 29th, 2009

An article in the New York Times published on June 29, 2009, highlights the confusion, difficulty and frustrations in attempting to modify your mortgage and avoid the loss of your home in a foreclosure.


Update on New Jersey Foreclosure Mediation and Bankruptcy Debtors

Monday, June 15th, 2009

Information Contained in a Press Release by the United States Bankruptcy Court for the District of New Jersey for Bankruptcy Debtors and Others Concerning The New Jersey Judiciary Foreclosure Mediation Program


Senate considering credit card reform bill to protect consumers from abusive credit card interest rate hikes and other practices this week

Wednesday, May 13th, 2009

The U.S. Senate is considering a credit card reform bill this week which is intended to protect consumers from retroactive rate hikes, which would not be regulated under new rules issued by the Federal Reserve.


Senate Defeat of Legislation to Amend Chapter 13 of the Bankruptcy Code to Allow Modification of Mortgages On Debtors Principal Residence.

Monday, May 11th, 2009

Senate Defeat of Legislation to Amend Chapter 13 of the Bankruptcy Code to Allow Modification of Mortgages On Debtors Principal Residence.