Sentences with phrase «seeking loan modification»
«When a homeowner calls Chase, they have a single point of contact to help guide them through the process, whether they're seeking a loan modification or other assistance.
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Available for homeowners seeking loan modification, borrowers who are current but underwater, those who have lost their homes to foreclosure and households working toward homeownership.
The Fair Housing Council of Riverside County, Inc. (FHCRC) provides assistance to individuals who are seeking a loan modification.
The bill, Senate Bill 1150, would expand California Home Owners» Bill of Rights — which took effect in 2012 — and also provides some safeguards to home owners against foreclosure, such as preventing a lender from foreclosing on a home while owners are simultaneously seeking a loan modification.
Because another unit of Bank of America erroneously reported to credit agencies that the family was seeking a loan modification, ruining their credit rating and as the result putting their mortgage into default.
Two - thirds said they might seek a loan modification as their first option if they had trouble meeting payments.
Not exact matches
But some financial experts recommend that homeowners seek help from mortgage loan modification or refinance programs before depleting their savings or ending up in foreclosure, according to a Consumer Reports article.
Some companies that offer foreclosure rescue or loan modifications services have required homeowners seeking assistance to pay large sums of money upfront without delivering on their promises.
Mortgage modification can help thousands of homeowners, although many homeowners may assume that they do not qualify and never seek out the modification of their mortgage loans, which can lead to foreclosure.
You can also seek help through the government's mortgage loan modification plan.
Home loan modifications seek to remedy situations like these, and are usually hosted and provided by the government.
State Senator Ron Calderon, who sponsored the bill, says it is working well; in his view, homeowners seeking mortgage loan modifications «do not need a lawyer.»