THHF Foreclosure Prevention Manual Handbook ... members only!

Glossary of Terms

Sunday, January 4th, 2009

Abstract A succinct summary; (e.g. an abstract of judgment; an abstract of title, an abstract plant.) Abstract of Judgment Summary of a court judgment creating a lien against a property when filed with the county recorder. Abstract of Title The condensed history of a title to a particular parcel of ...

Mortgage Forgiveness Debt Relief Act

Friday, October 17th, 2008

What is the Mortgage Forgiveness Debt Relief Act of 2007? Direct Link to IRS for the Mortgage Forgiveness Debt Relief Act of 2007 The Mortgage Forgiveness Debt Relief Act of 2007 was enacted on December 20, 2007 (see News Release IR-2008-17). Generally, the Act allows exclusion of income realized as a result ...

Rescind Your Mortgage Loan and Save Your Home From Foreclosure!

Thursday, October 16th, 2008

The current mortgage crisis has brought about increased awareness of mortgage loans fraught with errors that could allow homeowners to completely rescind their mortgage loan, including those homeowners facing foreclosure. Violations of the Truth in Lending Act (Regulation Z) have proven to be very effective defenses for homeowners currently facing the ...

Fight Your Foreclosure: Make Them Produce The Original Promissory Note

Saturday, October 4th, 2008

I describe below a rather typical process wherein a promissory note is NEGOTIATED and the mortgage ASSIGNED. Step 0 - Delivery of the Promissory Note to Corresponding Institution [This step may be OMITTED in the instance that a mortgage is originated by the primary mortgage servicer actually funding the loan at the ...

National Foreclosure Information

Sunday, September 7th, 2008

Links to important national foreclosure news and mortgage foreclosure protection laws in the United States of America. An ever evolving process in foreclosure laws on a national scale introduced by the American Government. Florida Foreclosure Information News Links · Freddie Mac Financial Incentives · Fannie Mae Financial Incentives Information Links · Promissory Note Discovery · Rescind Your ...

Freddie Mac Doubles Financial Incentives to Servicers Who Help Borrowers Avoid Foreclosure

Tuesday, August 19th, 2008

Freddie Mac Doubles Financial Incentives to Servicers Who Help Borrowers Avoid Foreclosure Direct Freddie Mac Link - Freddie Mac Doubles Financial Incentives to Servicers Who Help Borrowers Avoid Foreclosure For Immediate Release July 31, 2008 Contact: corprel@freddiemac.com or (703) 903-3933 McLean, VA – Freddie Mac (NYSE: FRE) today told mortgage servicers it was ...

Foreclosure Counseling Assistance

Monday, August 4th, 2008

Basic Qualifications for Stopping Foreclosure Remember, not all options will apply to everyone. Each homeowner will have a unique set of circumstances. It is very important that an assessment of your current crisis situation be performed before we can find the right solution for you. Below, you'll find a list of questions ...