Fannie Mae is getting tough on people. The days of people having the opportunity to stay in their home and delay foreclosures are OVER. Fannie Mae and Freddie Mac are forcing servicing agents to foreclose on the homeowner.

Homeowners need to have a plan in place now. You cannot wait to see what is going to happen. The banks are no longer waiting and dragging their feet. We’re seeing foreclosure like never before.

Several clients had gotten a trial plan and had made all their payments on time and were foreclosed on 21 days after the conclusion of the trial plan. Don’t let this happen to your client.

This news is not all bad. It will push homeowners to get off the fence and do something about their situation. It may the start of a recovery and people that want to save their home will be forced to work on it or get out.

From George:

If you’re in foreclosure, getting close to foreclosure or even have a Sheriff’s Sale date set, get off the fence and get moving NOW. Don’t wait until you have a sale date or it may be too late.

Get your Loan Modification done now!! There are loan modification specialists who will start your loan modification with no upfront fees, which means  absolutely no fees unless and until the lender approves you for a modification.