When you miss a payment on your credit card, you can expect to pay an extra fee on your next payment. If you miss a mortgage payment, catching up is not always that easy. In addition to assessing late fees, many mortgage lenders expect you to pay the full amount of...
What can be renegotiated in my mortgage to avoid foreclosure?
Just because your lender has begun foreclosure proceedings, it does not mean you are going to lose the house. Often, banks would rather work with you to renegotiate your mortgage rather than go through the time, expense and risk of foreclosing on your home and selling...