Events Calendar
In This Section
Most Read Stories
Family found dead in Ohio home
Man gets 3 years in prison for having sex with horse
Brown still testing Cavs' lineup
Take comfort in knowing Browns could be bigger losers
Kosar would be wrong call as GM
Sex-toy study at Duke University raises some eyebrows
Akron man turns himself in after authorities turn up heat
Robbers order bar patrons to empty pockets
Blogs:
Pets:
Not 101 Dalmations…but close!
The Heldenfiles:
Friday Notebook
Patrick McManamon:
For your perusal
Akron Zips:
The morning after
Tribe Matters:
Tribe makes roster moves
Cleveland Browns:
Lewis doesn't like boycott
Kent State Sports:
Kent State falls to Akron, 20-28
Cleveland Cavaliers:
Gameblog: Cavs at Knicks
Buckeye Blogging:
Weekly ‘B’ Deck Report – New Mexico St.
Varsity Letters:
Wrestling, bowling teams prepare for season
All Da King's Men:
If It Looks Like Islamic Terrorism…
Blog of Mass Destruction:
Dems Message To Women: Don't Enjoy The Sex
Akron Law Café:
Health Care Financing Reform: (62) The Stupak Amendment
See Jane Style:
Muffle Your Muffler
Car Chase:
Perfect Weather for an Autumn Drive
Let's Talk Real Estate:
RUMORS: Downtown Restaurant Explosion
Ohio Travels with Betty:
Jack is looking for a trip to Southern Ohio the week of November 16.
Sound Check:
The Black Keys to perform benefit concert at Musica on November 27
HRLite House:
Personal Rant – Why People Do Not Live in Northeast Ohio
Akron Gamer:
New 'Call of Duty' could set entertainment record
Published on Thursday, Oct 11, 2007
Homeowners having trouble making the house payment have lots of company, and they have lots of ways to save their homes.
The best way is to call their mortgage companies as soon as a problem seems at hand.
''The bank would much rather work out a deal with the homeowner than an investor or another buyer,'' said Jeremy Brandt, who runs two homebuyer companies.
Lenders say they can lose as much as a third of a loan's value in a foreclosure. They lose much less money by reworking loans so homeowners can meet their payments.
Specifically, a lender can agree to delay payments or modify a loan to make payments manageable.
A lender also might simply be willing to take back a house without foreclosure, which does less damage to the owner's credit history.
''Homeowners don't realize the lender is not their enemy,'' said housing advocate Mike Clarke.
Get the full article here.
Comments
Click here to post your comments
