According to an October 1, 2011 Wall Street article that a licensee sent to the Real Estate Commission, more lenders are seeking deficiency judgments against homeowners that have been foreclosed on because of the current state of the economy. Forty-one states and the District of Columbia permit...

This October, The White House announced a new mortgage refinancing plan in hope it will be in effect by the end of this month. The Obama Administration has proposed a housing initiativewith new regulations to make it easier for homeowners to refinance their mortgages.

President Obama’s...