The number of mortgage delinquencies has hit a record high according to recent reports. The level of homeowners who are behind or are in the foreclosure process is at a record level for the second quarter. 

This record number of mortgage delinquencies and foreclosures highlights the problems that were caused by many lending companies  making predatory loans.   With all the foreclosures currently in process, action should be taken as soon as possible to prevent more houses from being foreclosed on.  Proper experience and representation will be an important step  for many individuals and family in keeping their homes.

If you are facing foreclosure, contact the Maryland mortgage modification attorneys of Chaifetz & Coyle, PC at 443-546-4608.