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Tag Archives: Loan modifications

50% Of Valley Homes Now Above Water

With home prices on the rise throughout the Valley, more than 50% of Valley homeowners are finally above water.  This means that their homes are worth more than they owe on it. According to Zillow, the share of locals that have negative equity fell to 48.4% in the second quarter of this year compared to […]

Bank of America Lawsuit on Loan Modifications

On June 14, Bloomburg News published an article on a class action lawsuit filed for homeowners who had been denied loan modifications due to Bank of America deliberately blocking the review of their loans for modifications and forcing them into foreclosure. As I began to write this blog (it’s 9:15 a.m.) the news radio show, […]