Tag Archives: loan-modification
- Trying to Get Lender to Modify Our Mortgage Again. – Kay
“Dear Steve, My husband and I bought a home in 2006, applied for a payment modification in 08 or 09 it was approved. My husband income has dropped this year and we’re now having a hard time making payments. We’re 3 months behind on our payments, applied again for a modification and it was declined [...]
- Do I Have to Pay Someone for a Bank of America Loan Modification? – Margarfet
“Dear Steve, I have a townhouse that I purchased in 2007 for my daughter & grandson to live in. She has not been able to pay rent for 6 months therefore I have not been able to pay the mortgage. This would not have been a problem a few years ago but my husband had [...]
- Free Mortgage Modification Help, Tips, Resources, and Calculators
I’ve seen and covered so many mortgage modification scams that I wanted to show you how you can save yourself from being scammed, save thousands and modify your mortgage for free. Before you launch into paying anyone thousands for mortgage modification assistance you should explore your free options first. It’s important to know there is [...]
- I’m Trying to Help My Neighbor With a Loan Modification On His Home. – Regina
“Dear Steve, I am trying to help a neighbor out with a loan modification on his home, but Wells Fargo keeps dragging their feet, now he got a summons from their atty’s I am hoping you can suggest a loan modification service company that may help him through all of this, or where he needs [...]
- Mass Joinder Receiver Report States What They Found During Raid
The court appointed receiver of the law offices and companies that were raided and seized in the recent mass joinder actions in California has shown that the very issues were were all concerned about, appear to have been true. Marketers for lawyers selling access to mass joinder and tort litigation created such a network of [...]
- I’ve Got Three Kids, Falling Behind, Unemployed and Have a Lot of Debt. – Kevin
“Dear Lewis, Here’s my situation. My name is Kevin, I am married with 3 kids. My story began when my wife and I tried to restructure our finances by applying for Obama’s mortgage modification program. The irony is we didn’t need to, but we were told that we qualified and figured, if we could save [...]
- AVID Law Center Puts New Wrinkle in Mass Joinder Compensation
A tipster has just forwarded a copy of the AVID Law Center pre-litigation retainer agreement in which it introduces a new money making effort to charge consumers participating in the mass joinder efforts against lenders. in this case while the AVID Law Center mailers look like the other mass joinder mailers and the language give [...]
- We Tried to Sell Our House With a Short Sale But It Never Sold. Should We Let it Go to Foreclosure? – JoAnn
“Dear Andy, We have been in a bad mortgage for 7 years now where you only pay part of the interest and the rest gets tacked onto the principal well, we took the loan out for 347,000 but now owe 460,000. which the house isn’t even worth. For 4 years now we have been trying [...]
- We’ve Been Fighting with Bank of America for a Loan Modification. Do We Need to Hire a Loan Modification Company. – Mike
“Dear Andy, Really to long to type here. Been in a battle to keep our home for the last 16 months against Bank of American. Last month won a court dismissal for the foreclosure and am now trying to get the loan modification. Was denied for the hemp due to being told they didn’t receive [...]
- I’m Underwater With My Mortgage. Household Refuses to Help Me Modify My Loan. What Do I Do? – Robert
“Dear Andy, Underwater Mortgage Household Finance (Beneficial) conventional mortgage taken out four years ago with current balance of $114,000.00 with a value $72,000.00 Household refuse to modify, refinance or reduce interest rate. Current FICO 690 anticipate higher after paying down two credit cards. No late payments, bankruptcy or collection. Interest rate 9.5% has not been [...]
- Bank of America Won’t Talk to Us About Our Loan Modification. – Barbara
“Dear Steve, I have written to you before and you were most helpful. Thanks I got married 2 yrs ago and one or both of us has been unemployed for most of that time. Our home is in my husband’s name as he bought it back from his x-wife three years ago. My husband is [...]
- An Undercover Investigation of Mortgage Loan Modification Scams
The National Fair Housing Alliance has issued a recent report looking into mortgage modification scams. The report identified some of the practices I’ve written about extensively on GetOutOfDebt.org and they do a great job of presenting examples of what they found. From April, 2010, until March, 2011, the project identified more than 150 companies suspected [...]
- Stories of Homeowners and Loan Modifications: Where Are They Now
by Karen Weise, ProPublica ProPublica has been covering the government’s foreclosure relief effort [1] since the Obama administration launched the program in the spring of 2009. This week, ProPublica is checking back with some of the homeowners we’ve profiled over the past year. Some homeowners received modifications that prevented foreclosure, some are still in limbo [...]
- Modify Utah Shutters Doors. Leaves Consumers Stranded.
Thanks to a tipster I found out about a loan modification company in Utah called Modify Utah. The company apparently closed up without advance notice to consumers that had paid for services. The Desert News is reporting: According to a letter from the firm’s attorney, Paxton Guymon, Modify Utah ceased doing business for several reasons, [...]
- Mortgage Modification Letter Gives the Telephone Number of Legal Helpers Debt Resolution?
The strangest tip just came in from someone that was helping a consumer with their mortgage problem. The tipster said: I got a call from a client. He’s the seller of a short sale we’re about to close on this month. His message, “I finally got my loan mod, it just came in the mail [...]