Avoid Rhode Island Foreclosures



We Offer Foreclosure Assistance and Foreclosure Prevention ServicesThrough Loss Mitigation and Short Sale Practices.
 
Location: Rhode Island, USA

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Avoid Foreclosure with a Short Sale Rehab

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With the completion of the loan modification we were able to begin the rehab of this property. We decided that the only way for us to get the best tenant and the most rent was to start from scratch. This is the apartment before the renovations.   Click on this link – and you will see the completed renovations. Learn more about D&L Realty and Investments 401.595.1221
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Pay Me What You Owe Me

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Are Bonuses On The Table This month Bank of America (BOA) has repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program and Citigroup, Inc. plans to pay back TARP by raising money in an equity offering. It seems these banks are getting ready to issues bonuses and they can’t do that as long as they are under the scrutiny of the TARP Program…coincidence, I don’ think so. Repayment of the funds frees BOA from the government restrictions that have hampered its search for a new CEO, including executive pay limitations. Bank of America’s Chief Risk Officer Gregory Curl and Brian Moynihan, the head of consumer banking, are among the top contenders. However, both men have been criticized by analysts as lacking experience or being too close to the Merrill deal. Bank of America was among hundreds of banks that received government support through the government's TARP program. The bank received $25 billion as part of the initial round of...
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Can Loan Modifications Help?

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We had a chance to review the guidelines before they came out and we already know that the loan modification program is not really going to help the people who need the help the most. The Treasury Department announced the first six participants to sign up for President Obama's loan modification program and they are JPMorgan Chase, Wells Fargo, Citigroup, GMAC Mortgage, Saxon Mortgage Services and Select Portfolio Servicing. The good news is that we have worked with and recently modified loans with every single lender presented here before they applied and or were selected to participate in the program. They all have internal modification departments dedicated to helping the homeowner facing difficult times. Now they will get incentives from the government to modify these mortgage loans; it will be interesting to see how many guideline changes they will go through before they decide to move forward with and approve homeowners for the government’s HAMP program. A statement is...
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