02/13/2008
Back Then
February 13, 2008: The help being offered by the government to those people facing foreclosure is welcome news. Getting a reprieve from one of the most horrible experience in a person's life is good. At least, it gives them time to rhink and talk with the lender, and it could mean a new beginning. I did not have that type of luck back in 2005 when my condo in Atlanta was threatened with foreclosure. Although I tried everything, including suggesting a short sale to Novastar, the lender, it did not help. Nothing worked and suddenly that beautiful 2-bedroom condo was gone.
22:14 Posted in white collar crimes | Permalink | Comments (0) | Email this | Tags: predatory lending, mortgage fraud