Foreclosure Nightmare Only Half Over?

by Isaac Benmergui, Esq on December 6, 2011

The Center for Responsible Lending reports the foreclosure crisis is only half over with an estimated 3.6 million homeowners still in danger of losing their homes.

Broward and Palm Beach counties have been particularly hard hit by delinquencies and foreclosures in middle to higher income neighborhoods. Broward County has 20 percent of its first-loans in danger, and Palm Beach reports 19 percent.

The Center for Responsible Lending wants banks to “end loan servicing abuses” and be more proactive in helping people obtain modifications to their existing loans so they can keep their homes

Getting Legal Help

The law offices of Isaac Benmergui can help you with your legal real estate needs; call 780-800-2510 or email Isaac@benmerguilaw.com for more information or to set up an appointment today.

 

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