Professionals share ideas, information at free workshop for distressed mortgage holders – San Jose Mercury News

Professionals share ideas, information at free workshop for distressed mortgage holders – San Jose Mercury News.

here are strategies homeowners can use to get through the current home finance crisis. A group of volunteer professionals are sharing those ideas and information at a free community workshop Feb. 18 for distressed mortgage holders that will be held at the Salvation Army Church community room in Concord.

Despite news of recent government proposals, homeowners struggling with high payments on loan amounts exceeding their home’s current value may not expect new programs to be a magic bullet that will save them, according to attorney and workshop panelist, Brian A. Ripley.

“The government is not going to be the answer,” Ripley said.

Read the complete article.

Californians to get up to $18 billion in mortgage relief in settlement with nation’s biggest lenders – San Jose Mercury News | | Watermark Properties Real Estate BlogWatermark Properties Real Estate Blog

Californians to get up to $18 billion in mortgage relief in settlement with nation’s biggest lenders – San Jose Mercury News | | Watermark Properties Real Estate BlogWatermark Properties Real Estate Blog.

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