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Foreclosure Freeze Doesn’t Affect Everyone

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If you are in the middle of a foreclosure proceeding now is not the time to relax about it.

house with foreclosure sign1 Foreclosure Freeze Doesn’t Affect Everyone

Just because the Attorney General called on 30 mortgage loan servicers to stop foreclosure proceedings until October 15th that doesn’t mean all of them will do it and that doesn’t mean if you are in a foreclosure proceeding yourself that everything will stop.  “First off you need to call your mortgage company to find out if you are effected by this and what your next step should be” says Better Business Bureau spokeswoman Lydia Hekman. “You definitely need to get them on the phone or via email just as soon as you possibly can because everyone’s situation is going to be a little bit different.”  Hekman says now is not the time to sit back and do nothing thinking you’re safe.  She says now is the time to take action, look at your paperwork and payments history and try to clear things up.

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