Conversations with Attorney D.J. Rausa, a San Diego Bankruptcy Attorney
Posted in Bankruptcy on May 19th, 2011
Recent headlines read, “Total Mortgage Debt Decreases Nationally,” and it is about to be even lower next year. What does this mean to the consumer and ones who are purchasing a home or thinking about it? Lower interest rates, lower mortgage principle. Homeowners who have sold their property, or whose homes have gone through a [...]
Posted in Bankruptcy on May 12th, 2011
Prior to the most recent economic down turn, mortgage lending institutions like Fannie Mae and Freddie Mac were backed by the Federal Government by insuring the mortgage loans of a home buyer. Of course, there were limits to the amount of the mortgage and the price of the home being purchased. When the housing prices [...]
Posted in Bankruptcy on May 27th, 2010
San Diego County has seen a decrease in the foreclosure rate, but that may not be such a good thing to be seeing for a variety of reasons. First, the mortgage lenders now have added the staff to complete the foreclosure process to sale. Meaning that more homes are being sold at auction. Secondly, this [...]
