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Foreclosure

Understanding HAMP and How to Avoid Claims

Home Affordable Modification Program (HAMP) The federal Home Affordable Modification Program (HAMP) offers homeowners at risk for foreclosure reduced monthly mortgage payments. This program was designed to help families with documented financial hardship.  It is for those who would have the ability to make payments if their monthly bill was modified to a lower amount. …

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Maryland Foreclosure

Maryland Aims to Prevent Tax Sale Foreclosures In the past year, there were over 20,000 Maryland households with delinquent taxes. Thirty-percent of those properties were sold through tax sales. In the State of Maryland, homeowners with as little as $250 of unpaid property taxes or $350 of unpaid water bills risk foreclosure. When a homeowner …

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