Life After Debt – Zombie foreclosures, short sales and loan mods, oh my! How to protect yourself in a mortgage crisis.
The Real estate meltdown combined with the mortgage and debt crisis was BIG news a few years ago but things have gotten really quiet recently. We’ve had some good news – low interest rates have helped spur growth in real estate values for the first time in over 5 years. This is not the whole story though. Insiders will tell you about the 2 million zombie foreclosures nationwide or the $25 Billion settlement the states attorneys general made with the banks and what happened with the money. Today we’re talking with one of those insiders, attorney Bob Arnold. We will discuss with Bob how to protect ourselves in the case of a mortgage crisis and the exact things we must be aware of to protect our financial future.