In the first quarter of 2022, the Maryland Department of Housing and Community Development reported an increase in foreclosures over the previous quarter of 32.8%. This is bad news for homeowners, especially if they are struggling to make ends meet. If you get notice...
Month: August 2023
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Does bankruptcy stop the foreclosure process?
The prospect of losing a home due to financial difficulties is a distressing reality for many homeowners. In January 2023, nearly 32,000 U.S. properties had foreclosure filings, according to real estate data company ATTOM. Individuals facing foreclosure often wonder...
How to prepare yourself for a home loan modification
The thought of losing your home due to financial difficulties can be daunting. A home loan modification might be the solution to your problem. Home loan modifications can help you reduce your monthly mortgage payments, making them more manageable. The Federal Housing...