I'm a landlord who's completely underwater in her mortgage, has a job but just received a pay cut, and has tenants but the rent doesn't cover the mortgage payment. Can I get help even though it's no longer my primary residence? Or will I have to become another statistic and go into foreclosure? [more inside]
posted by karmagirl on Jul 12, 2009 - 16 answers

MERS mortgage avoidance: huh? [more inside]
posted by maxwelton on Jun 30, 2009 - 6 answers

Financial pundits and politicos keep repeating the mantra that "toxic" mortgages can't be renegotiated because the mortgages were sold off, split up into a thousand pieces, and fragmented as part of the whole process of creating mortgage-backed securities. My question is, why doesn't that same logic also hold true in reverse when a foreclosure occurs (i.e., if we don't know who owns it, how can anyone foreclose on it)? [more inside]
posted by webhund on Mar 9, 2009 - 13 answers

Under financial pressure. My house isn't selling. I want to avoid foreclosure and don't care about making a profit. It's the original mortgage; a 30-year fixed at 5.5% in good condition (attractive older house and well maintained) in a decent neighborhood (property values steady as those in more expensive neighborhoods fall). [more inside]
posted by CollectiveMind on Oct 1, 2008 - 7 answers

Can I sell my place if I'm on a repayment plan for its mortgage? [more inside]
posted by hamster on Feb 14, 2008 - 2 answers

I have a crappy house that is falling apart and keeping me from moving on with my life. Should I foreclose on my house? [more inside]
posted by simpleperson on Jun 25, 2007 - 25 answers

Help us save our credit! We're not sure why, but our mortgage company started returning our automatic bank payments a few months ago. [more inside]
posted by anonymous on Feb 3, 2007 - 6 answers

Please help! I received a foreclosure notice. I have the money, but have been having a difficult time with the lender. How do I prevent a foreclosure on my house? [more inside]
posted by anonymous on Dec 9, 2006 - 15 answers