Future In Foreclosure

This settlement establishes the first mandatory loan modification program in the country and will serve as a model for other lenders and the federal government for how to help homeowners on the verge of foreclosure. Does your lender have your best interest? Find out which loan modification companies can steer you wrong while others have success rates of 97% and above. Get the details in the FREE loan modification help and strategy Ebook. Attorney General Lisa Madigan has announced a ground... Read Full Story

The loan modification process can be frustrating and confusing for many distressed homeowners. If you are considering loan modification to avoid foreclosure, you need to get as much information upfront as possible so you will be prepared and able to present your case in the best possible light. To help you understand how the loan modification process works and what you can expect, here are the Top 10 Questions about Loan Modifications. What exactly is a loan modification? A loan... Read Full Story

Lenders have mostly resisted calls from housing advocates, legislators and government legislation urging them to help stem the foreclosure tide by remodifying loans to include lower interest rates and monthly payments. And borrowers have fared no better, with many delinquent homeowners on Long Island unable on their own to break through to communicate with lenders and loan-servicing companies. Some lenders and servicers are so swamped with calls from distressed homeowners that it can take... Read Full Story

Hi Distressed Borrower, First of all if you are facing an imminent foreclosure you need to contact us ASAP. A hardship letter is definitely is a key parts of a valid loan modification proposal. However there are several pieces to the puzzle and you must put all of the pieces together coherently before submitting it to a lender. A few things to know about modification: The numbers you send to your bank have to make sense. Write them down on paper and do the math. If you are not able to... Read Full Story

There's no guarantee that Joe of Ripon will be able to save his home of 21 years. But at least he walked away from Friday's Foreclosure Prevention Workshop at the Manteca Senior Center with some optimism. Does your lender have your best interest? Find out which loan modification companies can steer you wrong while others have success rates of 97% and above. Get the details in the free loan modification help and strategy Ebook. "It's like having this tremendous load taken off my shoulders... Read Full Story