Sentences with phrase «mortgage loan modification services»
Numerous states have recently enacted laws prohibiting advance fees for foreclosure assistance or mortgage loan modification services.
https://getoutofdebt.org/ Not exact matches
Is it a big surprise that Litton Loan Servicing, owned by Goldman, recently changed its strategy on mortgage modification to reduce borrowers» monthly payments to 31 % of income from 38 %, the industry standard?
According to CFPB, servicing - related problems are most common during certain scenarios, such as when the homeowner applies for a mortgage loan modification in an attempt to avoid foreclosure.
Their current services include debt consolidation, debt settlement, tax debt relief, home loan mortgage modification, business debt relief, as well as student loan default services.
Mortgage - servicing companies that modify second mortgages will receive an upfront payment of $ 500 and additional payments of $ 250 a year for up to three years for successful modifications of home - equity loans and other second mortgages.
Governor Arnold Schwarzenegger recently signed into law a bill that requires loan servicing companies who haven't already set up mortgage loan modification plans in California to hold off on home foreclosures for at least ninety days.
She defends clients in matters involving alleged violations of the Fair Credit Reporting Act, federal and state debt collection statutes, mortgage foreclosure and repossession laws, and loan modification and other servicing - related claims.
Consolidated the information gathering process for loan modification terms by updating proprietary settlement applications and the mortgage servicing platform.
Summary of Qualifications Extensive experience working in the Mortgage Lending Industry and working in Compliance, Loan Review and Servicing Loan Modification, Loss Litigation and HMDA Review and Compliance of Originated and Non-Originated Loans.
Over 9 years of experience as a mortgage specialist (underwriting, loss mitigation, short sales, loan modifications, FHA loans, foreclosure, bankruptcy, audit, HAMP, HAFA, etc.) Over 13 years experience in customer service.
Articles in this topic combined with my Mortgage Servicing Reviews is a great resource for those who are currently looking for advice on foreclosure issues including loan modifications.
Prior to joining Green Residential, he spent 12 years working at Cadence Bank in the mortgage loan servicing department, where he specialized in loan audits, modifications, and bankruptcy related issues for the mortgage portfolio.
In addition, nearly 7,000 Oregon homeowners are currently benefiting from over $ 450 million in refinancing, short sales and completed or trial loan modifications, including principal reduction on first and second lien mortgages provided under the landmark National Mortgage Servicing Settlement.