Fae Craddock

About me

In the last decade, employment, housing and credit availability experienced a decline so broad based and deep that almost no American has been left unaffected. lender litigation As a result, a large percentage of homeowners have fallen behind on their mortgage payments and/or owe far more on their homes than they are worth. With respect to mortgages, loan servicers have generally been resistant to negotiating in good faith reasonable terms that make sense in light of such declines.

This resistance has left homeowners frustrated with their situation, the banks, the government, the loan modification and short sale processes, and scammers. Homeowners are tired of getting the run-around and the collection calls. If that describes you, you are not alone. Most don't know where to turn or who to trust, and let's face it, there doesn't appear to be an easy way out or an easy way to fix the problem. Homeowners receive constant solicitations; some may be good, but most just want to sell their service. The Realtor wants the short sale listing, the Attorney wants you to file bankruptcy, the sales marketer wants you to join the mass jointer lawsuit, and the mortgage agent wants you to apply for a loan modification. They all say that their option is the best for you. They can't all be right. Each option, when acted upon, carries with it a significant, and long lasting impact. If you are a homeowner trapped in a bad mortgage situation, more than being sold a solution, you need good counsel to help you chart the best course for your future.