William Baker

"Instead of putting your head in the sand, it's much more worthwhile to give the bank a call," said William Baker, assistant vice president and collection manager at Gorham Savings Bank, which has six offices in Greater Portland.
...
Baker noted that many people have taken out home equity lines of credit, which carry variable interest rates.
...
Divorce is one of the main reasons people find themselves facing the threat of foreclosure, Baker noted, adding, "Unfortunately, lawyers tell people not to pay anything while getting divorced."
...
Baker has seen some qualify for standard interest rates only a year or two after a foreclosure.