Maryland Short Sales 301-343-7671

News, Advice & Commentary on Marylands Foreclosure Crisis

Browsing Posts tagged Loss Mitigation

Last night the Maryland General Assembly passed HB 472. This is the mandatory mediation bill introduced my Gov. O’Malley. This bill will enable homeowners to insist on mandatory mediation prior to a lender commencing foreclosure. Lenders also must be able to show that a loan modification or alternate loss mitigation options have been discussed.

Homeowners this is your chance to fight back, please contact me today at 301-343-7671 for a copy of the bill and understand your rights. I will update this post again with more details in the coming days.

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Many consumers are not sure who exactly to contact when they are considering a short sale, loan modification, or deed in lieu.  I have compiled a list of loss mitigation contacts for the majority of services across the country.  This list will be update on a continuing basis and as the industry improves their short sale processes, we hope to be able to provide an actual individuals name.   When you call make sure you ask to speak with LOSS MITIGATION.  Stay tuned for updates.

Upside down in your mortgage, behind on payments contact us today for a free short sale evaluation.  You can also find us on Facebook.

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