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Wrongful Bank Foreclosure
- Bank of America Reported as Biggest Forecloser
- BOA Forecloses on Paid Off Florida Loan
- Banks Recording Customer Calls for "Training Purposes."
- Buying Bank Owned Property? You May Be at Risk of a Wrongful Bank Lockout
- Tougher California Wrongful Foreclosure Laws Eyed by Law Makers
- Bank of America Wrongfully Forecloses on Naples, Florida Homeowner
- Junk Fees Being Added to Mortgage Payments by Banks and Servicers
- Wrongful Foreclosure Attorney, Carlin J. Phillips, Explains Illegal Lockouts to AOL Reporter
- Wrongful Lockouts and Trashouts - Homeowners Seem to Have Fewer Rights Than Tenants
- Detroit Free Press Reports on Wrongful Foreclosures and Lock-Outs
News
- Posted on 7/13/2010Texas Lawsuit Alleges Wrongful Foreclosures by Bank of America
- Posted on 7/8/2010Michigan Homeowners Get Possible Relief from Foreclosure
- Posted on 6/30/2010Bank of America Wrongfully Forecloses on Naples Florida Home
- Posted on 6/29/2010Nevada Woman Loses Everything in Wrongful Foreclosure Lockout
- Posted on 6/9/2010Bank of America Agrees to Pay $108 million to 200,000 Homeowners
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2010 Likely to Be Up and Down For Bank Foreclosures in Massachusetts
Posted on Mar 09, 2010
March 9, 2010 - Washington, D.C. - Despite the nationwide onslaught of wrongful foreclosures that devastate and displace families, Massachusetts is expected to experience a brief decline in the number of foreclosures this spring.
Huliq reports that in March, Massachusetts will likely see fewer home foreclosures than in recent months, even as most other states notice an increase. This may be because some lenders are working with homeowners via the Home Affordable Modification Program (HAMP).
Homeowners in Massachusetts are not out of the woods yet, as the number of deeds recently increased and unemployment continues to be high. Ideally, the banks and lending agencies will fulfill their promise to work with struggling homeowners to save their properties. If this doesn't happen, it's likely the number of foreclosures could again begin to rise.
Despite the positive outlook, it is too late for many homeowners who have unexpectedly lost their homes after lenders were not willing to work with them. In January, the HAMP reports say that out of 21,435 mortgages, just 2,788 have been modified by lenders, illustrating the continuing uphill battle that homeowners and tenants face when confronting the potential for a bank foreclosure in Massachusetts.
The Massachusetts class action attorneys at Phillips & Garcia will fight for your rights in your bank foreclosure case. We are committed to protecting your best interests and helping you collect the damages you need and deserve to move on with your life. Contact Phillips & Garcia today to schedule your FREE legal consultation - (877) 892-5620.
Legal Help for Wrongful Foreclosure and Seizure in Any State. Phillips & Garcia, P.C., a leading law firm in wrongful foreclosure and seizure cases, is now taking cases in any state where there has been a wrongful foreclosure, lock-out and trash-out of a borrower's home. We are licensed in Massachusetts and associate with a qualified attorney in your state.
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