Posts Tagged ‘modification’

Defaults in Loan Modification Program Have Risen, But There is Still Hope

Since the introduction of the Home Affordable Modification Program by the Obama Administration, as well as its many additions, there have been mixed reactions from home experts, FHA lenders and consumers, but much of the feedback has been negative. While many experts believe that principal reduction, one of the aspects of HAMP, is the only […]

Obama Home Rescue Plan – A Loan Modification Halts Foreclosure

The Obama home rescue plan is designed to help you keep your home and stop a foreclosure proceeding.  The program is called Home Affordable Modification and is funded by $75 billion of stimulus funds.  This bailout program is paid for by your tax dollars so don\’t hesitate to apply for a loan workout using this […]

Can You Qualify For A Loan Modification?

Three families have joined a class action lawsuit against Wells Fargo and Bank of America saying the lenders failed to provide promised payment modifications. Even though they submitted all required documentation they haven\’t received long-term arrangements.  \”When a large financial institution promises to modify an eligible loan to prevent foreclosure, homeowners who live up to […]

Loan Modification Help Center – LOAN MODIFICATION ADVICE

If you need help understanding your option of taking advantage of the loan modification process, the help is available to you everywhere. The process is quite tricky and it is highly recommended that you do indeed seek legal advice before signing on the dotted line, in order receive the most efficient and cost-effective modification to […]

Loan Modification Help Center – LOAN MODIFICATION PROGRAMS

Loan modification programs are offered for individuals who are in danger of foreclosure of their home. With foreclosures on the rise, it is important to be educated about the array of loan modification programs that are available to you. These programs could be the one thing that helps you to save your home. The Loan […]