AUDIENCE FOR BOOK: Homeowners who are in jeopardy of losing their houses through foreclosure because they can't pay their mortgages.REASONS TO BUY THIS NEW EDITION: * There are currently over 900,000 homes in some stage of foreclosure. (Data from RealtyTrac, as of November 2016.)* The Foreclosure Survival Guide helps readers answer the crucial question when facing foreclosure: Should I try to keep my home or does it make more sense to move on?* HAMP and other widely-used home loan modification programs end on December 31, 2016. This book helps struggling homeowners understand their rights as funding wanes.* Foreclosure still plagues states such as Delaware, New Jersey, and Illinois. This edition includes a new section about the Hardest Hit Fund, a program that will remain available to homeowners in high foreclosure areas until 2020.* Homeowners will learn about new and expanded foreclosure protections afforded to borrowers and surviving family members by the Consumer Financial Protection Bureau.
* This book covers important state foreclosure law changes, including those made to Alabama, California, Illinois, and Wisconsin law.* The new administration has pledged to dismantle the Dodd-Frank Act, a federal law that provides a 120-day foreclosure waiting period so that a homeowner has time to apply for a foreclosure alternative. Stay updated on the status of the law with this new edition.