Sentences with phrase «about loan modifications»

Recent articles have proven to be consistent with what our clients tell us about loan modifications and how they are difficult to get.
Obama's Making Homes Affordable program has increased excitement about loan modifications.
Learn everything you need to know about loan modifications.
Nowadays, when folks are talking about loan modification, they are probably referring to a program of the federal government to help distressed homeowners.
As we enter 2014, you may be thinking about a loan modification or a refinance of your mortgage if you think you have a high payment or high interest rate.
For more information about loan modification and other debt relief options, contact us now.
I'm talking about loan modification — not vigilante justice against your bank.

Not exact matches

On a Wednesday morning early last month, many of the documents The Real Deal reviewed included only partial information about modifications that simply referred to information in original loans.
This is a follow up post by one of our guest writers about her experiences with dealing with loan modification companies, debt settlement companies and other debt management programs.
Los Angeles About Blog Law Offices of Devin Sawdayi represents people with loan modification; debt consolidation and negotiation; and bankruptcy matters.
If you feel you might be eligible for home loan modification, learn what you need to know about HAMP and how it may help you.
I'll be happy to speak with you about your situation and offer some useful information which will help you avoid foreclosure and make an informed decision moving forward with a loan modification or short sale of your Eastvale Ca home.
I completed a loan modification more than a year ago where about one - fourth (or $ 50K) of the principle was deferred.
Then if you're concerned about increased payments, please contact the Mortgage Assistance Point to discuss a potential loan modification.
Finally, about 35 percent of respondents expected streamlined loan modifications of the sort proposed by the Hope Now alliance to be at least a somewhat significant loss - mitigating strategy for their banks.»
The Davises, who live in Cincinnati, are among a slew of struggling homeowners coming forward with complaints about the way banks are operating under a federal loan modification program announced last year by the Obama administration.
All You Need to Know About Mortgage Loan Modifications Modifications could help prevent foreclosure.
Although pure speculation, the changing Executive Office may bring about pivotal modifications to student loans.
A slew of struggling homeowners are coming forward with complaints about the way banks are operating under a federal loan modification program announced last year by the Obama administration.
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In another reported case, one Connecticut couple saw their credit score destroyed after they asked Bank of America about refinancing and were mistakenly placed [5] in the government's loan modification program, according to Connecticut Watchdog.
A loan modification should be employed if you're facing foreclosure, you have an adjustable rate mortgage (ARM) that is about to adjust or has recently adjusted, the equity in your home is less then 5 %, and you have had recent financial difficulty but are now in a position to pay as long as the mortgage payment is reduced.
About the Author: Jeffrey Morris is an experienced financial advisor who led the loan sales for companies like Ditech, GMAC and the Loan Modification Outloan sales for companies like Ditech, GMAC and the Loan Modification OutLoan Modification Outlet.
These days, only about 30,000 - 40,000 new trials are begun each month, but with a greatly higher success rate in transitioning three - month trials into permanent loan modifications.
Photos: Nissan, DOE About 1,300 New Jobs at Smyrna Factory Steven Chu announced that the U.S. Department of Energy agreed to loan $ 1.4 billion to Nissan for the modification of their Smyrna plant in Tennessee.
If you are unable to remain current with your mortgage and are concerned about losing your home, contact Bailey & Galyen, Attorneys at Law, to schedule a free consultation to discuss loan modifications.
That rule prohibits home loan modification companies from making misrepresentations about any product or service, including claims about financial products or services, their government affiliation, or implementation of their data security measures.
Los Angeles About Blog Law Offices of Devin Sawdayi represents people with loan modification; debt consolidation and negotiation; and bankruptcy matters.
Los Angeles About Blog Law Offices of Devin Sawdayi represents people with loan modification; debt consolidation and negotiation; and bankruptcy matters.
She co-founded the REALTORS ® Troop Support Task Force at the Rhode Island Association of REALTORS ®, which has educated more than 1,300 service members about homeownership, loan modifications, refinancing scams and tax assessments.
Nearly 1.2 million home owners have received a permanent loan modification through the Home Affordable Modification Program, and have saved about $ 547 per month on their mortgage payments, according tomodification through the Home Affordable Modification Program, and have saved about $ 547 per month on their mortgage payments, according toModification Program, and have saved about $ 547 per month on their mortgage payments, according to the report.
«Based on 2014 refinancing activity, we can assume that about 70 percent of loans will be able to refi with no problem,» says Tanya Little, CEO of Hart Advisors Group, a Dallas - based firm that specializes in loan restructuring and modifications.
on Loan Modifications Are About to Get a Lot Easier: Fannie Mae and Freddie Mac Toss Out the Paperwork in New «Streamlined Mortgage Initiative» Program Debuting July 1
What about underwater borrowers who don't qualify for any of these government refinance and loan modification programs?
She waited, and received a letter dated Dec. 14, 2010, telling her that «within 30 days, you will hear from us about your eligibility for a loan modification
For any Florida home owner with a mortgage dilemma, there will be big decisions to make: whether to short sale, whether to strategically default, whether to try a loan modification, and what to do about any resulting deficiency judgment.
For borrowers who still need assistance but do not qualify for this FHA program, it's important to ask the lender about whether or not other loan modification options are available under the FHA - HAMP program.
For all of the positive news about home sales increasing, there's still a dark cloud holding back recovery — struggling home owners continue to be forced into foreclosure as a result of big banks» foot - dragging on loan modifications.
From February 2010 to June 1, the Loan Modification Scam Prevention Network has logged nearly 15,000 complaints from home owners who say they were a victim of a loan modification scam, accounting for about $ 37 million in lost moLoan Modification Scam Prevention Network has logged nearly 15,000 complaints from home owners who say they were a victim of a loan modification scam, accounting for about $ 37 million inModification Scam Prevention Network has logged nearly 15,000 complaints from home owners who say they were a victim of a loan modification scam, accounting for about $ 37 million in lost moloan modification scam, accounting for about $ 37 million inmodification scam, accounting for about $ 37 million in lost money.
The Bureau is also adopting comment 38 (f)(1)-3 with modifications to address comments about how to calculate the amount of compensation to a third - party loan originator paid by a creditor by referencing the calculation of creditor - paid compensation to the third - party loan originator for the purposes of determining the amount of points and fees associated with the transaction in accordance with § 1026.32 (b)(1)(ii).
Bank of America has reportedly reached a settlement with HUD that would require the bank to re-evaluate about 57,000 delinquent borrowers for a possible loan modification, short sale, or other foreclosure alternative.
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