Why the foreclosure nightmare isn’t over yet for many homeowners


ForeclosureBusinessNews.com: “Foreclosure News the Average Joe Can Use!” Find Trusted Vendors, eg, Foreclosure Lawyers, Mortgage Consultants, Cleaning Co’s, Etc.

One missed mortgage payment 5 years ago sends a family into foreclosure hell

The Moodys missed a single mortgage payment in February 2009 after Paul injured his back, lost his job, and drew down his bank account faster than expected. Five years later, after wrangling with three different mortgage servicers, two foreclosure attempts, and more than a dozen different applications for loan modifications, the Moodys still haven’t come to a resolution.

“I need to move on,” says Paul Moody, 46, a land surveyor who lives in a rural stretch of Maryland’s Eastern Shore. “It’s destroyed our credit. It’s destroyed our quality of life.”

Post Continued Below…
There are still plenty of foreclosure cleanup (and RE-related) jobs out there. Get your foreclosure cleanup “Business in a Box” and start this lucrative business right now for 40% Off!



Read the rest of this article on how the foreclosure crisis rages on with no end in sight for many homeowners — seven years after it officially started.

P.S.: Like this post? Follow Foreclosure Business News on Twitter.

© 2014 Foreclosure Business News. Content may not be reprinted or reproduced in any manner without the express, written consent of the author.

No Comments

Comments are closed.