Tag Archive | "Modification"

Mortgage loan modification and the law

Sunday, October 25, 2009

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The passage of legislation that affects the mortgage industry has taken a major upswing.

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Bankruptcy Loan Modification Bill Is Approved By House

Saturday, October 24, 2009

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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 [...]

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DIY Loan Modification

Friday, October 23, 2009

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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 [...]

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Loan Modification Help Center – President Obama Continues to Pass Legislation

Tuesday, October 20, 2009

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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 [...]

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Loan Modification Help Center – Learn Your Options For Stopping Foreclosure Now

Monday, October 19, 2009

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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 [...]

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Mortgage Modification Crunch The Numbers!

Sunday, October 18, 2009

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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 [...]

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Loan Modification Help Center – How Loan Modifications Help People

Sunday, October 18, 2009

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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 [...]

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Feldman Law Center – Avoiding Loan Modification Scams

Saturday, October 17, 2009

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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 [...]

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Loan Modification Help Center – How to Stay in Your Home

Saturday, October 17, 2009

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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 [...]

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Feldman Law Center – California Loan Modification Information For 2009

Friday, October 16, 2009

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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 [...]

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