You can also use the Attorney General's site for honest and accurate information
about mortgage modification and foreclosure through the Homeowner Protection Program.
«There is still a significant amount of fallout from the mortgage crisis, and consumers need to remain vigilant when approached
about mortgage modification services,» Horne said.
I talk to people all the time
about mortgage modification.
Not exact matches
We're talking
about very small sums of money that stand in between people and many times their
mortgage modifications that can keep them in their homes, seven, eight, ten thousand bucks,» said Schneiderman.
Staten Island, NY
About Blog The attorneys at our firm provide high quality legal representation in a wide range of practice areas, including Real Estate, Bankruptcy, Business and Commercial Law, Wills and Estates, Medicaid Planning,
Mortgage Modification, Immigration, Nursing Home Patient Care Issues, Landlord & Tenant, Mediation, Commercial Litigation, and Divorce Law.
Every few months you read in the paper
about a major
mortgage modification clinic coming to town.
Then if you're concerned
about increased payments, please contact the
Mortgage Assistance Point to discuss a potential loan
modification.
Most of the potential
mortgage modifications we are talking
about, a reduction in principal to the point that the house is no longer underwater, are not that large, perhaps in the 20 % to 30 % range.
All You Need to Know
About Mortgage Loan
Modifications Modifications could help prevent foreclosure.
How to get a 2nd
mortgage modification — Learn more
about the pros and cons of a
modification.
The lender will also not have to worry
about providing a new notice of right to rescind under Regulation Z for a
modification of a closed - end
mortgage by the original creditor.
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.
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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.
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.
Staten Island, NY
About Blog The attorneys at our firm provide high quality legal representation in a wide range of practice areas, including Real Estate, Bankruptcy, Business and Commercial Law, Wills and Estates, Medicaid Planning,
Mortgage Modification, Immigration, Nursing Home Patient Care Issues, Landlord & Tenant, Mediation, Commercial Litigation, and Divorce Law.
From the beginning of the financial crisis, there seemed to be a general consensus
about how to get housing back on track: Tighten qualifying standards so that only ready and able buyers could get a
mortgage; modify delinquent
mortgages when possible to avoid forcing people to sell or face foreclosure; and, when
modification fails or isn't possible, facilitate short sales.
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 to
modification through the Home Affordable
Modification Program, and have saved about $ 547 per month on their mortgage payments, according to
Modification Program, and have saved
about $ 547 per month on their
mortgage payments, according to the report.
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
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.