Mortgage

Fannie Mae Wants to Settle Our Mortgage Debt for Less Than We Owe. – Dorrie

gift

“Dear Steve, Reduced payoff and the mortgage is in good standing We have a house mortgage with SLM (Fannie Mae). We have been getting letters from them stating that we are eligible for a reduced payoff if we refinance with another Mortgage Company. Now mind you we are current and always been current (direct payment from our checking account). First ... Read More »

Our New Expenses Leave Us Unable to Pay Our Credit Cards. – Erika

We are going to need some voodoo for this situation.

“Dear Steve, I’m a 39 year old married woman with a 11 month old infant. My husband is a stay at home dad. We only have 1 income. We recently are in the process of building a new home. We currently live in a Condo that will be rented to ensure that the mortgage and condo fee are covered. I ... Read More »

Ocwen Condo Foreclosure in Limbo Leaves Me Worried About HOA Fees and Mortgage Modification – Frank

do nothing

“Dear Steve, Condo in foreclosure since May 2011, mortgage previously with GMAC, now taken over by Ocwen. Retired in January and wrongfully assumed I could just start making payments on the mortgage. Halt, you must go through a modification with Ocwen to stop the foreclosure. Agreed and sent all paperwork and info they requested. Ocwen rep calls weekly to check ... Read More »

Should We Consolidate Our Mortgage and HELOC With American Bank Mortgage Company? – Lisa

In God We Trust

“Dear Steve, I have a first mortgage with Chase bank it is -$84,000. I also have a heloc with Chase bank it is $114,000. The heloc is interest only. The interest rate on my first mortgage is 4.5% fixed for 12 years. The heloc interest rate is 2.4%. I pay a total of $924 per month on these two loans. ... Read More »

Is NuVision Relief Center a Legitimate Company?

puzzled looking little boy looking to the left

“Dear Steve, Is NuVision Relief Center a scam or is it a legitimate company to work with for a loan modification?” Whenever I get questions like this they always make me wonder what each persons definition of a legitimate company are. When it comes to getting mortgage modification help I always think it is a smart move to first contact ... Read More »

Is Home Remedy Center a Scam? – Thomas

Salesman

“Dear Steve, Im trying to get my mortgage modified ANSI got something from home remedy center and they said they can do it. I can not find anything on the web about this “law firm”. Can you help Can you help Thomas” Dear Thomas, Home Remedy Center just looks like a new mutation of other groups like Remedy Law. In ... Read More »

Should I Sell My Home to Get Out of Debt? – Gloria

robbery

“Dear Steve, I am a divorced woman about to turn 60. I am a teacher and make decent money, however, it is taking all of my take home pay to keep everything paid each month. I am not able to put money into my retirement or go see my grandkids. Three years ago I bought a home. At that time ... Read More »

Will a Land Trust Stop My Property From Getting Foreclosed On?

money down the drain

“Dear Steve, I’m falling behind on my mortgages (2 mortgages) since I can’t rent out my rental property for 7 months. My income is not much to keep me upfloat and since there other expenses plus the devastating property taxes I’m really falling behind and having a hard time. The property where I live was refer to foreclosure dept. but ... Read More »

Who Should I Use to Refinance Our House and Take Cash Out? – Chuck

Toolbelt-On-Handyman

“Dear Steve, Lost my job in 2008 in the building industry. Did not find a job till 2011. I used my 401k to pay bills down to where I could make minimum payments on credit cards & keep the house running on unemployment payments. The unemployment benefits ran out and so did my luck as far as keeping up with ... Read More »

National Advocacy Law Center Stole My Money. – Karen

man terrifying woman

“Dear Steve, I’m a single mother of 3 children (12yrs, 5yrs & 9 mths). I lost my job in the recession and recently divorced. Due to financial circumstances my home went into the foreclosure process. My mtg company denied me 3 times for a loan re-modification. I was contacted by National Advocacy Law Center promising me that they would be ... Read More »

My Chase Bank Second Mortgage Was Discharged in My Bankruptcy and Charged Off

footstep

“Dear Steve, Current on my first, discharged both 1st and 2nd mortgage in chapter 7, Chase charged off my 2nd, I have the money to pay Chase and bing my loan out of default. Since they charged off my loan they will not cure the default. I received a letter on 3/1/13 saying I had 35 days to cure. My ... Read More »

Consumer Attorney Services / The McCann Law Group Client Agreement Review

hiding

A reader asked me to review the client agreement Consumer Attorney Services is asking them to sign. I am not a lawyer. What follows is my review of what I read when looking over the client agreement. If you have a debt relief services agreement you’d like for me to review for you, upload it here. The McCann Law Group, ... Read More »

Consumer Attorney Services Wants to Charge Us to Help Modify Our Mortgage. – Kelley

contemplate

“Dear Steve, My husband was unemployed for 2.5 years due to medical issues. We exhausted our savings staying on top of the bills. In aug, 2012 he did receive a job, but is underemployed and the combination of our two paychecks are barely getting us by. We have an 80-20 loan on our house (from 2004) and our current 80% ... Read More »

Wells Fargo Bank Wants Us to Apply for a Loan Remodification With Bankruptcy. – Monique

mysterious

“Dear Steve, My husband and I are behind on our Mortgage payments. After my husband hurt himself and was out of work for 3 months they put us on a 6 month repayment plan but it is coming to an end May 29th. We have filed bankruptcy and wells fargo knows this. We would like to keep the house if ... Read More »

National Housing Advocates Says They Can Modify My Mortgage if I Pay. – Reesa

Real Estate Concept

“Dear Steve, National Housing Advocates- assists with obtaining loan modifications and lowering principles. They say I definitely qualify for their help services because I’m upside down in my mortgage. They only guarantee that they will help me with the paperwork and obtaining mortgage assessment report Their fee is $3500, and there was no mention of a money back guarantee. Are ... Read More »

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