September 2007

We did a conference call with her mortgage company. Alice is upside down in her home. She has an Option ARM she has been paying 1% on. Her loan is $300000 and she is paying around $1000 per month and has been for a few years. …. The stories are just a sad reality of what is really going on out there for hundreds of thousands of homeowners . Many are real estate professionals also. This is no laughing or light matter. This is serious and not only are people losing homes, …