The lenders have had their day and now the administration is baring it teeth. The foreclosure crisis spells nemesis for Countrywide Financial Corporation in New Jersey. As part of an agreement New Jersey will be apportioned $3.6 million from Countrywide. The latter has been blamed for having preyed on gullible borrowers, said Governor Jon Corzine [...]

First step of bank foreclosure starts when you miss your first monthly payment. Foreclosure seems to be evolving in your mind no matter why you miss your payments. Bank will take his first step after 15 days by contacting you. If do not communicate properly with the bank regarding your problem for delaying payment, more [...]