The passage of legislation that affects the mortgage industry has taken a major upswing.
Continue reading...Saturday, October 24, 2009
Last week, a bill which allows bankruptcy judges to lower mortgage payments was approved by the house and will now be sent to the Senate. This bill is expected to show great relief to struggling homeowners unable to meet their monthly mortgage payments currently. Before the bill was approved by the House, major banks and [...]
Continue reading...Friday, October 23, 2009
Did you know you can do your loan modification on your own, without having to pay for the service of a professional? Many consumers today are looking to cut the cost of their mortgage, and a loan modification is one way to do that. However there are no guarantees that your request for a loan [...]
Continue reading...Tuesday, October 20, 2009
The Wall Street Journal reported in July, 2009 that President Obama is now expanding the plan to help the number of borrowers who can refinance their homes. The administration said that borrowers with mortgages worth up to 125 percent of their home’s value will now be eligible to refinance under its program, up from a [...]
Continue reading...Monday, October 19, 2009
Regardless of where you are at financially, it is almost never too late to avoid losing your home to foreclosure. Qualified loan modification attorneys know that while it is easy to lose hope and fall into a place of inaction, you have many tools at your disposal.OptionsContact your existing lender and see if you can [...]
Continue reading...Sunday, October 18, 2009
Is your current mortgage payment (Including property tax and insurance) more than 31% of your income? The governments “Making Home Affordable” program is incredibly generous, the home equivalent of the “Cash for Clunkers” program. We (At www.illinoismortgagemods.com) have achieved mortgage payment reductions of over 50% for clients that were never late on their mortgage- they [...]
Continue reading...Sunday, October 18, 2009
It’s one thing to tout the promises of loan modifications, it’s a much more impressive thing to demonstrate how they have helped people avoid foreclosure and stay in their homes. Homeowners throughout America who have embraced home loan modifications have seen their lives altered for the better, and many of them have cried tears of [...]
Continue reading...Saturday, October 17, 2009
Avoiding a loan modification scam can be difficult, especially if you have not done your homework. Today, recent statistics show that one in ten homeowners is either in foreclosure or behind on their payments. This means there are millions of homeowners in dangerous financial positions, with millions more on the brink of chaos. There are [...]
Continue reading...Saturday, October 17, 2009
Do you know who can qualify for a home loan modification? Odds are you don’t, very few people do, which is why a loan modification attorney can be an excellent resource, especially with the economy in such a difficult spot. These days, financial hardship is a reality for countless people in California. The state has [...]
Continue reading...Friday, October 16, 2009
Over the last two years, tens of millions of people have learned far more about loan modifications than they ever thought they would. The economic crisis and real estate crash forced people caught in difficult situations and overwhelming mortgages to look for their best options to keep their home. Foreclosure signs littered entire neighborhoods, and [...]
Continue reading...design byBG webdesign
Sunday, October 25, 2009
0 Comments