"Cyndi Norton has managed to find work. She makes $10 an hour in a California factory. She has no benefits and says she's basically homeless, relying on friends for a place to sleep. But not too long ago, she was a high-powered administrative assistant at the Rand Corp., sitting in on board meetings and once, memorably, showing Henry Kissinger around the building. READ MORE "http://www.npr.org/templates/story/story.php?storyId=130454350&sc=17&f=1001

http://www.nytimes.com/2010/09/21/business/economy/21econ.html

I remember when both Dubai, United Arab Emirates and Las Vegas had the best housing markets. Everything was selling there and many investors thought that was the place to be. Well, really only good for the investors who sold their properties!

"The report also refers to Las Vegas' record foreclosure rates. The area has the second highest share of bank-owned homes in the country and more than two-thirds of residential mortgage holders owe more than their homes are worth."

READ MORE http://www.huffingtonpost.com/2010/12/04/the-us-cities-hit-hardest_n_792020.html#s196005&title=%2315%20Jacksonville%2C%20Florida%20

This is the time of year that the economy is stimulated, because of the heavy spending. A time businesses and government agencies like the post office have the chance to make up for the low profits through the earier quarters. If money isn't available to be spent, nothing is being recycled back into the economy.

"Three weeks before Christmas, the Republicans in Congress killed a yearlong extension of the payouts - and 2 million Americans are facing the prospect of starting 2011 with no money coming in." READ MORE http://www.nydailynews.com/money/2010/12/01/2010-12-01_unemployment_benefits_expire_for_thousands_of_new_yorkers_thanks_to_gop_sen_scot.html

"From Homeowners to Squatters"

Although food is one of the major necessities, without shelter we have no where to sleep or rest our family. Therefore we are putting our money over our head first, rather than our "money where our mouth is."

We are looking around and creating our own jobs, since we no longer have control of our employment.

"Vernon Alcoser has cornered the mobile market at two Bronx schools, where students pay $1 a day to keep their cell phones in the trucks he parks nearby." Read more: http://www.nydailynews.com/ny_local/2010/11/08/2010-11-08_savy_entrepreneur_sees_school_cell_phone_bans_as_opportunity__runs_mobile_rental.html#ixzz14k54ahHk

The economic crisis has caused our household to go back to "the ancient times" of coming together to watch television. We no longer have extra cash sitting around after bills and if we did we simply can't imagine putting out $100+ a month for a luxury such as cable TV. The housing expense has to be paid like yesterday; and even when that is taken care of then we better hold any excess because these days we don't know what tomorrow brings.

To think a house was needed two thousand years ago and now that it has collapsed the land is of value. This is to show you real estate has always been around and always will.


'A 2,000-year-old house in the ancient Roman city of Pompeii, which was once used by gladiators to train before combat, collapsed Saturday, officials said.' Read more: http://www.time.com/time/health/article/0,8599,2029949,00.html#ixzz14ju9PCyi

Many mortgage lenders were caught in their fast scheme to get homes foreclosed and to probably get in the hands of cash investors. "Out with the bad money and in the good money"

'Amid charges that loan servicers "robo-signed" documents or failed to determine who holds the title before seizing property...'READ MORE http://www.aarp.org/money/credit-loans-debt/info-10-2010/50_states_to_probe_foreclosure_process_.html

Many people don't understand that there is no quick or easy way to clean up your credit.
The three ways to have a negative mark removed from your credit is

1. pay it
2. dispute if they are in error
3. identity theft

Credit repair companies take your money for nothing. Once a dispute it placed regarding a credit reporting the credit bureau removes it from your report for a length of time until resolved. If enough disputes are placed, Yes you credit report can look all clean. However, if one of the three listed above was not the real reason for the dispute, it will be returned to your report and you will be back to the same problem only out of your Credit Repair Fee.

http://www.nydailynews.com/news/ny_crime/2010/10/12/2010-10-12_evil_clubhouse_a_subprime_example_of_world_gone_mad.html

Everywhere outside of NYC pays more property tax, although it sure doesn't feel like it. In return some may say they have better schools systems, which is where their property tax revenue gets funnelled to. Real Property keeps are economy going round and better educated young people because successful older people.

Read More: http://www.crainsnewyork.com/article/20101004/FREE/101009954

Are we saying that the best way to overcome an income gap between the poor and wealthy is to attempt harder to get the poverty driven people our of the area and let the rich live?

'"It's been bad in New York for a long time but this is shocking," Berg said. "When you combine the net worth of the city's 57 billionaires, they have the equivalent money of 13 million full-time minimum wage workers."

He said the number of New Yorkers living below the poverty line citywide increased by about 45,000 between 2008 and 2009, according to Census figures.

Mayor Bloomberg, the second richest person in New York, noted the state and national poverty rates went up more than the city's did.

"We have a great deal of work to do to make sure that all New Yorkers have a chance to live out the great American dream," he said.'

Read more: http://www.nydailynews.com/money/2010/09/28/2010-09-28_census_finds_widening_gap_between_rich_and_poor.html#ixzz127JHxCp1

Vacant properties are a venue for rape, drug abuse, murders, and so much more. Here comes another dip. Boarded up and vacant homes plaguing our communities. A couple years back, I visited Albany, NY and it seemed like everyone house in some neighborhoods had at least five boarded up home. You can only imagine what the scenes where in front from of them.

'A vacant a multi-million dollar property right on the Navesink River in fair Haven, N.J, has been empty and on the market for so long that it has become a teen hangout.'


Read More: http://www.myfoxny.com/dpp/news/local_news/new_jersey/teen-dies-in-fall-from-vacant-housein-new-jersey-20101011

The time has come for the government to look at who did what. Come on, this economic crisis is only getting deeper. It is now time to stop putting the band aid on the wound and remove "whatever" is causing us to trip over ourselves.

'Attorney General Eric H. Holder Jr. said that the Financial Fraud Enforcement Task Force, which Mr. Obama created to examine financial fraud, is looking at the growing reports of foreclosure fraud.'

Read More: http://www.nytimes.com/2010/10/08/business/08mortgage.html?_r=1

On top of overly high mortgages, some have to pay rescue fees. This is a clear example of how our economy is diminishing. The dominio effect is also evident here. Once the homeowner is able to pay his fire protection fee, the firefighters are able to get paid, the house is able to be saved. And if five homes in a row, can no longer afford this fire protection fee, does all five homes get destroyed?
At least land is always valued something, because real property will NEVER go to zero. If there is a positive side!

In order to provide fire protection to homes outside the city limits, South Fulton charges an annual "pay to spray" fee.

The fire department did finally respond, but only when a neighbor -- who had paid the fee -- called 911 to report the fire had spread to his fields.

But firefighters continued to let the flames rage at Cranick's home.

"My neighbor called [the fire department], saying whatever it takes, we want them to put it out, we'll pay $500," said Cranick. "They told us, 'It's too late.'"


Read more: http://www.nydailynews.com/news/national/2010/10/06/2010-10-06_firefighters_let_house_burn_in_rural_tennessee_because_homeowner_didnt_pay_75_fe.html#ixzz126wF7OZX

According to FDIC and many more recorded history findings, this housing crisis occurs every 2o years. In turn, the fraud and scams are nothing new.

The sale of the buildings to RBSCC was part of the US Department of Housing and Urban Development’s plan to fix the damage from a decade-old scam that left more than 500 buildings abandoned in New York City alone.

In the late 1990s, unscrupulous speculators scooped up distressed buildings in poor neighborhoods and flipped them to fly-by-night not-for-profits who took out mortgages from HUD to buy and fix the properties.

Read more: http://www.nypost.com/p/news/local/brooklyn/steal_estate_for_vito_group_NNTe7gyTDvNcqRcx9HXufP#ixzz11QvBP4KE

This can be a beneficial program for the state of NJ. I only have one thing to say, " I hope they really thought this through" $112 Million is a lot to put up when most foreclosing homes have negative equity.

Starting in 2011, unemployed and underemployed homeowners can apply for help through the New Jersey Home Keeper program.
The program will provide a zero percent interest rate and deferred-payment mortgage loans to homeowners in danger of losing their homes through no fault of their own

http://abclocal.go.com/wabc/story?section=news/local&id=7686892

NJ Home Keeper Program http://www.state.nj.us/dca/hmfa/home/foreclosure/homekeepers.html

We are losing the wealth of our nation and the dip is going to happen again if we don't do something quick.

http://www.cnbc.com/id/15840232?play=1&video=1576330315

It was probably 2007, and the housing crisis was really beginning to hit people and become noticable to the overall economy. I posted a mment on a website to a radio host ib regards to the downfall about to happen, not realizing my message wasn't private. I recieved a call within minutes from a woman struggling with her health because of her mortgage. After many said no, God answered prayers and used me to get both her interest rates lowered and fixed and her delinquent payments forgiven and restructured in a new loan.

Before: Navy Veteran Asked Mortgage Company For Help, Wells Fargo Answered With Foreclosure

"When I contacted them, they said send me this paperwork, paperwork, paperwork. Never heard anything back." That is until Wells Fargo sent her a letter a couple of months ago. It was a notice it was foreclosing on her home, with only $49,000 left for her to pay on it. "It was a shock because I thought they were working with me on it.

http://www.firstcoastnews.com/news/news-article.aspx?storyid=149805


After: Jacksonville Woman Fights Wells Fargo on Foreclosure - and Wins
She also has some advice for those whose homes are in danger. "Don't give up. Fight for what you have." Gemmill was in shock and was also relieved. She said Wells Fargo also has restructured her payments so she can get back on track. "There will be another 17 years in that house," said Gemmill. Who is already unpacking boxes and settling back in to her home.

http://www.firstcoastnews.com/news/local/news-article.aspx?storyid=164917

America can learn and thing or two from Singapore. They want to maintain a housing market that is affordable to their citizens. Where are we?, with foreigners coming to America with foreign money and purchasing American assets such as real estate, and then taking majority of the financial gain is going back to their country. Bettering their systems, technology, education, infrastructure, people as a whole and making us competitively challenged. America are we setting up to lose our assets slowly and from right under our nose?

“We twice attempted to cool the property market, once last year and once in February this year, but the prices are still rising,” Lee said in a televised speech. “Our purpose is to make sure in the long term, Singaporeans can own their homes and afford it and it will be a gradually appreciating asset which will grow as Singapore grows.”

http://www.businessweek.com/news/2010-08-30/singapore-tightens-mortgages-to-cool-property-market.html

Many landlords try to do their best at real estate investing while supplying a place to live to their renters and at time they are financial taken advantage of. But their are those property owners who live and shelter their family with good living while they leave their tenants to deal with rats, lead and peeling paint, leaking ceilings and much more. Could it be because they feel they don't deserve better living conditions. Well, NYC Public Advocate Bill de Blasio has organized a Slumlord List.

http://www.pubadvocate.nyc.gov/landlord-watchlist

Tie-in arrangements: is an agreement between a buyer and seller that as a condition of the sale they must purchase additional services or products from them.
i.e. A real estate developer/owner says in order to purchase their property you must use their referred mortgage company, title company or attorney. Or you can't use a buyer's agent, although you are compensating them yourself.

This is part of the "One Stop Shop" scams. In many cases everyone is working together.
The reason this condition is put in place is because in many cases a reputable business wouldn't allow the seller/Scammer to get away with certain fraudalent practices under their eye.
Solution: Research your professionals and hire people that come highly recommended and you trust. Also try to hire professionals who came from different referrals sources and possibly don't know each other, that way everyone is working in your best interest and not together for their own.

The reality is that many of the home owner's facing foreclosure don't have only an ARM mortgage. With so many buying incentives such as "No Money Down," finance your closing cost etc. Many homes were finances with 100+% financing and once one bank loans 80% another bank comes in for the rest. Yes, the fist loan is an ARM at a great rate but the second mortgage is at a rate in the double digits. The notes have fine prints that state missing one payment increases in significantly and that in 3 or 5 years it becomes a balloon payment. Why did so many agree to 100+% financing:
1. Many thought this was the time to jump into home buyer, not understanding "Supply and Demand" or "Buyers Market vs. Seller's Market"
2. It was believed the prices would continue rising, Remember "What goes up must come down"
3. Lenders eager to make loans advised buyers, that they can always refinance in a few years and get out this loan, but they have to get in this loan now. Not warning of possible price drop or credit rating drop from hardship of current loan.

Another option is refinancing to a fixed-rate loan while rates are at historic lows. Ms. Francis(NOT ME) says this is especially popular with borrowers who have ARMs adjusted according to other indexes or have terms that allow for sharper interest rate spikes. But the cost of refinancing may be steep, especially in New York, where borrowers must pay a mortgage recording tax.
http://www.nytimes.com/2010/08/29/realestate/29mort.html?ref=business

This housing crisis happens about every twenty years, so why are we making the same stupid mistakes? Didn't we go through this same thing in the 80's? Have we not learned anything?

“I’m more worried than I have ever been about the future of the U.S. economy,” said Allen Sinai, co-founder of the consulting firm Decision Economics and a longtime participant in the symposium. “The challenge is unique: poor and diminishing growth, a sticky unemployment rate, sky-high deficits and a sovereign debt that makes us one of the most fiscally irresponsible countries in the world.”
http://www.nytimes.com/2010/08/29/business/economy/29fed.html?_r=1&ref=business

Mr. Humphries said that he expects home values—for both New York and the U.S.—to reach bottom later this year and remain flat for the next three to five years.http://www.crainsnewyork.com/article/20100809/REAL_ESTATE/100809846

Economist and saying that this housing crisis will drop to it's low real soon. But how can it when we haven't put the plug on the issue.

• Balloon Payments are now coming due on their 3-5 year time.
• The excess of short sales will end up causing the same if not more problems than foreclosures themselves.
• Boarded Up home are deteriorating the wealth of the communities in so many ways: taxes, development, retail, population etc.

Focus on a Purpose, Not a Position. Newark Mayor Cory Booker
I wasn’t satisfied just to earn a good living. I was looking to make a statement. Donald Trump


CEO, Politician, The Boss, etc.
Way too often I see people focus on what they will be titles, instead of What needs to be done.

We all know the saying "Cash Is King."
Well what happens when we don't have it.
Want to purchase a new home? With tighter lending the banks want high down payments.
Want to refinance your home? For Cash? or To get rid of that old bad loan? If your property value has dropped or simply was given a mortgage way above your property's value, you don't have the Cash in the property for a refinance.
Facing foreclosure? Loan Modifications not getting accomplished? Your home is going to the person who has Cash, and it may not be you. What is the answer to this dragged out housing crisis? Stay tuned... realestateOCONA
http://cnn.com/video/?/video/business/2010/08/16/elam.america.housing.mortgage.cnn

A couple months ago the Empire State Building's owner received a request to light up the building in honor of Mother Theresa. He declined. He believed that lighting up the building during the holidays was enough and honoring one public figure would only open the gates for later requests. No was no and that was the end of that, or so we thought. Now here we are months later, the Empire State Building's owner is trying prevent the approval of a competitive skyscraper from being built near his monumental building. Who has say on the approval? The very same people who also asked for the building lighting celebration. Yes, real estate development is good but is this Real Estate or Politics.

Council approves skyscraper near Empire State
http://abclocal.go.com/wabc/story?section=news/local&id=7627893

City Celebrates Mother Teresa's 100th Birthday; Group Rallies Outside ESB
http://manhattan.ny1.com/content/top_stories/124415/city-celebrates-mother-teresa-s-100th-birthday--group-rallies-outside-esb

Many believe that more jobs will equal better home ownership. However, if more people were employed, would that really help our housing crisis or economy as a whole?
Think about it. What is the first bill you pay every month? Your housing, whether is be your rent or mortgage. I remember growing up my parents always made sure their mortgage was paid before their finances was disbursed elsewhere. That meant no shoes, lights, not even food. Once their "main" bill was paid, then we can spend. What does spending do? It helps pay all those other employees that makes the service or product possible. Isn't that how the word go round? Shouldn't we be making sure home ownership is stable and get Americans comfortable with spending again.
http://www.dailyfinance.com/article/scarcity-of-jobs-puts-more-at-risk-of/719129/

Medgar Evers Adult And Continuing Education September Open Houses
blackstarnews.com
The Instructor for the course will be Ms. Trisha Ocona Francis, a Licensed Real Estate Broker in NY, a Real Estate business owner, and the writer of “Ask Trisha”, a Real Estate Q & A featured in Caribbean Life. According to Ms. Francis, “Whether the real estate market appears to be up or down, it is still the number one asset throughout the nation. Prices have not, and will never zero out. Moreover, people will always require a home. This makes Real Estate a desirable investment and worthy career choice.”

http://blackstarnews.com/news/135/ARTICLE/6764/2010-08-24.html

http://www.caribbeanlifenews.com/articles/2010/08/24/business/caribbeanlife-cl_business-2010_08_23_ocona_ask_trisha_090110.txt

uhmm So, we can pick and choose now who" The FAIR HOUSING ACT that prohibits discrimination of real estate on the basis of race or color, RELIGION, sex, national origin, family status or disability" applies to?

http://www.nydailynews.com/ny_local/2010/08/20/2010-08-20_invent_kid_i_didnt_know_that_was_the_plan.html

Costar, a top Commercial Real Estate data and resource company has recently expanded their office space by double in a new location. Mmmmm, one has to think. With the data that they have, what do you know and see that many on the outside don't?

http://www.crainsnewyork.com/apps/pbcs.dll/dcce?Site=CN&Date=20100817&Module=12&Kategori=real_estate&Type=deals_active&ID=2484855&Class=122

The Real Estate Crisis has taken a toll on many, but not everyone. Someone is always asking me about the state of the real estate market, with a bad perception already in their head. The Chinese symbol for Crisis is Danger and Opportunity. In anything, while one is in pain there is always someone with something to gain.

There are two lessons to learn:

1. 1. Don't be a victim to anyone. Read and ask questions. Don't be afraid to say no or walk away, even from a "GREAT DEAL"

2. Don't complain and hate from the sideline when everyone is in the pool having fun, put on your swim wear and jump in. Real Estate has been around forever and is not going anywhere, find a (legal and ethical) way to prosper nicely off it also.

The Real Estate crisis has more to go. You have many phases to this housing problem.

1. balloon payments due
2. ARM interest rate adjustments
3. unemployment holding up mortgage payments
4. lender either scared or short on money to lend for new clean investments
5. boarded up/abandoned homes bringing down communities and pending sale values
6. short sale and loan modification scams, start phases 1-5 all over again

Mayor Bloomberg is considering charging for trash pick up on residential properties as it is done on commercial properties and done in many other states. He needs to really think this through. We are in a horrible housing crisis, and not only with property foreclosures. Affordable rent housing and the availability of government housing is already limited. Believe me if there becomes a fee for garbage pick up, a few things will occur.
1. Landlords will be forced to raise rents to cover it. This will make it more difficult for tenants to afford the apartments and/or more landlords will have non paying tenants to evict.
2. Many people will delay throwing out garbage. This is cause an increase in rodents in NYC.
3. People will perform illegal dumping to dispose of their trash without a fee.

http://online.wsj.com/article/SB10001424052748703700904575391533454269758.html?mod=WSJ_NY_MIDDLELEADNewsCollection

If a system was established to track the history of the loans mortgage lenders made, there would be less fraudulent loans. i.e. If a lender shows a record of 10 out of 35 loan ending in foreclosure, there is obviously something wrong and they need to be reviewed. We Must Protect The Homeowners or We Will Continue to Fail Our Economy.

http://www.realestatechannel.com/us-markets/residential-real-estate-1/real-estate-news-fha-federal-housing-administration-david-stevens-federal-register-citimortgage-hud-predatory-lending-bank-reo-sales-2943.php

Sadly, alot more people are going to feel that ending their life and those they financial support will be the answer to their financial crisis. BUT that is not the answer. Saving America's housing wealth is the real answer to it all. If homeowners don't feel right in their home situation, they won't feel right mentally. Once someone knows they have a roof over their head, then they feel a sign of relief. When I was a young girl I watched my parents pay their mortgage FIRST. Believe me, the money for clothe, the lights or even food was not thought of until the bill that pays for the place we called home was taken care of.

http://www.huffingtonpost.com/2010/07/16/jayne-peters-coppell-mayor_n_649855.html?ir=Technology

Foreclosure is not only happening to the little people anymore. We must solve this problem. Real Estate makes the world go round and if the poor, middle class and rich can't afford it we are in trouble.

http://www.eurweb.com/?p=39412
http://www.tmz.com/2010/07/27/chris-tucker-taxes-tax-problems-11-million-federal-irs-internal-revenue-service-debt-nic-cage-rush-hour/

So much of what we go through goes back to poverty, this recession, PEOPLE LOSING THEIR HOMES.
Look at the boarded up homes in the back ground and watch the end of the video to hear the interview of the resident who talks about how people are going in foreclosure.

http://abclocal.go.com/wls/video?id=7581996

http://www.news12.com/articleDetail.jsp?articleId=257553&position=1&news_type=news

They need to be certain to hire a LICENSED contractor who is familiar with DOT specifications for sidewalk repair work or else it can end up costing them more in the end by having to do it over. They can find and/or check one out by calling 311 or going directly to www.nyc.gov/dca.
If the cause of the damaged sidewalk is due to a tree's overgrown roots they should call 311 for an evaluation for the City's Forestry Dept to make the repairs no cost to you.
Any additional answers to their questions on sidewalks may be found at
http://www.nyc.gov/html/dot/html/faqs/sidewalkfaqs.shtml

I remember when properties in Las Vegas were going like hot cakes and the market was booming. I also remember saying it wouldn't last either and I could see the tip coming near.

http://www.huffingtonpost.com/2010/07/27/nevadas-economic-misery-m_n_661043.html

Under the Fair Debt Collection Practices Act (FDCPA), if a consumer gets a letter from a debt collector (which includes lawyers), that letter must state:

"This letter is an attempt to collect a debt. Any information obtained will be used for that purpose. Federal law gives you 30 days after you receive this letter to dispute the validity of the debt or any part of the debt. If you do not dispute the validity of the debt, or any portion thereof, the debt will be assumed to be valid by this office.

"If you do dispute it -- by notifying me in writing within the 30-day period -- we will, as required by law, obtain and mail to you verification of the debt."

Question: I am planning to have my kitchen remodeled. I have been referred to a few contractors by friends. How can I check to be sure I am only hiring licensed contractor? I don’t want to be stuck in those horror stories of I always here.

Answer: You are taking the right precaution by looking into checking out your prospective contractor, prior to hiring them and giving any payment. To find if a contractor is licensed contact the NYC Department of Consumer Affairs (DCA) by calling 311 or checking instantly at www.nyc.gov/consumers.
Remember:
• It is the homeowner’s responsibly to check that the contractor they are using is licensed.
• Any person performing the work on your home is a “contractor”, and is to be licensed by DCA.
• Any work over $200 must be performed by a DCA licensee.
• The person who negotiates the contract is called a “salesperson”, and also is to be licensed by DCA. (Can be checked by DCA)
• If the contractor and salesperson is the same person, be certain to check for both licenses.
• Check DCA for complaint histories.
• Always request estimates in writing and from at least three different contractors.
• Take before and after pictures as part of your records.

SOURCE: NYC Department of Consumer Affairs www.nyc.gov/consumers


Trisha Ocona Francis is a Licensed Principal Broker for realestateOCONA and a licensed Real Estate Instructor. Want answers to your housing questions please
email them to to@trishaocona.com

This information is for educational purposes only. Always seek a
trusted attorney and/or US HUD approved counselor for all major
housing transactions call (800) 569-4287 or visiting ww.hud.gov to locate one.

Battle on the home front: WWII vet fights eviction after falling victim to deed theft scam

Read more: http://www.nydailynews.com/ny_local/queens/2010/07/19/2010-07-19_wwii_vet_victim_of_deed_theft.html#ixzz0upkozgMl

Forbearance
A temporary reduction or suspension of your payments based on your financial situation. This may be possible if an increase in living expenses or reduction in income has occurred. Lenders may also consider it if you can show you have an upcoming source of funds to bring the balance current.
Loan Modification
The years of the loan could be extended or the interest reduced in order to make the monthly payments more affordable.
It can include:
Making a adjustable-rate mortgage (ARM) into a fixed-rate mortgage
Adding missed payments back into your entire balance
Extending the length of the loan in years, therefore your monthly payments are less
Sell Your Home
Put the house on the market for sale. Be sure to evaluate and understand your current mortgage balance, outstanding housing expenses, any liens and judgments and selling closing costs in order to know what your selling price to be to satisfy all debts.
Deed-in-lieu
You lender may allow you to voluntarily “give back” the key to the property. It can be less damaging to your credit report, however you won’t keep your home.
Refinance
Can be similar to a loan modification; inquire with your lender or a better recommended lender for a refinance. Keep in mind that there are incurred expenses each time a refinance is done. Contacting a bank directly can save you on those added expenses and closing costs. Reinstatement
Usually occurs after a forbearance agreement. If you have fallen behind on your mortgage and now have the missed payments, your lender can offer you a reinstatement to get caught up by giving a lump sum to begin you loan again.

During this hard economic time and so many are laying off, see who is hiring. Pass along to your friends, family, neighbors and coworkers.
http://money.cnn.com/galleries/2009/fortune/0901/gallery.bestcos_mosthiring.fortune/index.html

Everyone needs real estate education renters and owners