See LoanSafe.org on CBS / KCAL News
New Article in the LATimes Mozilo on distressed borrower’s appeal for help: “disgusting” and Countrywide Financial Chairman Angelo Mozilo’s e-mail sets off a furor
The Next Real Estate Crisis - Moe Bedard, founder of LoanSafe.org in Corona, Calif., a free online forum that helps homeowners negotiate loan modifications, said the larger problem is that banks, many of which laid off scores of loan officers, are so swamped that many borrowers can’t get the attention they need.
Slate Magazine - Here Comes the Next Mortgage Crisis - Option ARM loans were heavily marketed to upper-tier home buyers in California. It’s hard to know how bad the option ARM crisis will be before it actually happens, but Moe Bedard, an advocate in Southern California who advises homeowners on foreclosure and blogs about the crisis at Loansafe.org says that the difference in the time until the rate rises is the main reason that upper-middle-class Orange County (now facing foreclosures at a rate merely twice the national average) hasn’t yet been hit as badly as places like Riverside.
Check Us Out in the Press Enterprise Inland Empire,Ca.
Tags: loan safe, loans safe solutions, loansafe.org, moe bedard
