Herrin Law

foreclosure attorney

FHFA To Unveil New Principal Reduction Modification Program

Delinquent on your home mortgage payments? You may be in luck. For borrowers whose loans are owned or guaranteed by Fannie Mae or Freddy Mac, the Federal Housing Finance Agency (or FHFA) will soon offer a Principal Reduction Modification Program to borrowers that meet certain eligibility requirements. The program was implemented with the goal to …

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My Home Was Surrendered, Why Do I Keep Getting Bills

When you surrender your home in bankruptcy, you are discharging the debt associated with your home.  This includes all debt associated with the home (property taxes, liens, mortgages, homeowner association fees, etc.). Once you file bankruptcy and notice goes out, you should not be receiving any collection letters from your creditors.  If you are then …

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