Monthly Archives: February 2010

Foreclosure, Day 26;Walking Away

A link from the Wall Street Journal:         WSJ.com – When It’s OK to Walk Away From Your Home…Reading a lot online every day on foreclosures to keep up with what goes on out there. Besides the … Continue reading

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Foreclosure, Day 25;IndyMac Losing Interest

No call from IndyMac for a couple of days. The phone rang this morning and I saw that it was IndyMac. Up for the challenge, I picked up. The rep asked to speak to my husband, I said he wasn’t … Continue reading

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Foreclosure, Day 24;An End In Sight? Not Quite

From an online article…”An end of the foreclosure crisis is finally in sight. For the first time in almost three years, the number of homeowners falling behind on their loans is declining. … The drop means the number of people … Continue reading

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Foreclosure, Day 23; Number Underwater

Very depressing. A Wall Street Journal article from 11/24/09 states then that there were nearly 10.7 million homes that were underwater in 3rd quarter 2009. That number is incredible.  Here is the link to that article: WSJ.com – One in … Continue reading

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Foreclosure, Day 22;Post Foreclosure Credit

We spent yesterday in the East Bay (of San Francisco) looking at the Dublin Ranch area that is lovely and has easy freeway access (for my husband’s commute back to Stockton for work). There are homes, apartments, condos, and townhomes … Continue reading

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Foreclosure, Day 21;$1.5 Billion in Help?

Here is a link to the newly announced plan: $1.5 billion in housing help for unemployed, underwater – Yahoo! Finance (http://finance.yahoo.com/news/15-billion-in-housing-help-cnnm-97438213.html?x=0&.v=7&.pf=real-estate&mod=pf-real-estate) Somehow we’ve not qualified for any other plan for help via a loan modification. Will we with this new … Continue reading

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Foreclosure, Day 20;IndyMac Back on Calls

After two days of no calls from IndyMac, they have called multiple times today, Saturday, to our house phone which we ignored until I finally answered this afternoon. The rep calling simply said, “I see you spoke to one of our … Continue reading

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Foreclosure, Day 19;News of Possible Freeze?

Foreclosure news to the forefront today. President Obama is talking about some kind of freeze on foreclosures in the states hardest hit, California being one. This should be interesting…buy us some time. I found another interesting link in the Orange … Continue reading

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Foreclosure, Day 18;Timelines

Found this good link today clearly laying out the timeline in foreclosures. http://www.debtworkout.com/forefaq.html No matter how much we’ve talked about this, seeing it spelled out pretty clearly helps me. It’s good to have all the information available to feel strong … Continue reading

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Foreclosure, Days 13-17;IndyMac Calls

Dealt with the call on day 12, then went away for a few days on a little getaway. We returned home yesterday and had a call from IndyMac to our house phone at about 8 P.M. that we chose to … Continue reading

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