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Archive for July, 2009

Foreclosure Gods: The Chase Loan Modification Program

July 31st, 2009

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Foreclosure Gods: The Chase Loan Modification Program

The Chase loan modification program is offered by JP Morgan Chase Bank, which is JP Morgan Chase & Company. They work through 24 Chase Mortgage Centers. This program, which was announced on December 31, 2008, gives person-to-person help …

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Posts about Real Estate Law as of July 31, 2009
Cheaper Mortgages Spark Lower FICO Scores for Payers
Chase Loan Modification Bailout
Money Making Online Thursday Links
Payday Loans Gaining Wider Acceptance

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Many call for help with loans, but few getting it

By James Cannon Sandra Johnson says she is frustrated because she has been trying to pursue a loan modification with jpmorgan Chase since April.

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smartmoney » Loan Modification Help Center – President Obama …

July 30th, 2009

Here is a new Post at smartmoney » Loan Modification Help Center – President Obama ….

smartmoney » Loan Modification Help Center – President Obama ...

The resources we make available at Loan Modification Help Center are just what homeowners need as they seek to understand their options and get the information they need to make the critical decisions involved in a loan modification. …

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How to get help with Citimortgage Loan modification?

I have a friend who had their mortgage through Citimortgage and got a loan modification that cost them quite a bit of money and really didn’t end up doing them that much good. I don’t know who they used. I used 1st Foreclosure Prevention to modify my Wells Fargo Home Mortgage. They were able to reduce my payments by $300 a month, more than I needed to stay in my house. They worked quickly, too, and I found out that they charged a lot less than the company my friend used for his loan modification. Good luck!

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Understanding The Foreclosure Process And Using It To Your Advantage
Wp Project Problem With Bullet
Mortgage Servicers Have Little Incentive to Help Homeowners
Garrett Johnson: Two Years Later and None the Wiser
Effective Mortgage Loan Modification Tips for Homeowners

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Guidelines Aim to Help Struggling Borrowers

Under the new guidelines, FHA borrowers can receive a loan modification after they have missed one loan payment, rather than waiting until they are at least

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Effective Mortgage Loan Modification Tips for Homeowners

July 30th, 2009

Here is a new Post at Effective Mortgage Loan Modification Tips for Homeowners.

Effective Mortgage Loan Modification Tips for Homeowners

In modifying your loans, it is important to seek the advice of a professional mortgage loan modification attorney. Some sources would tell you that you can approach lenders on your own and convince them to modify your loans. …

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Should I accept this loan modification offer my attorney negotiated for me for my current mortgage?

That’s an extraordinarily good offer. However, by extending the term to 40 years, you’ll be repaying this mortgage forever and a day. Total interest, therefore total costs, of the mortgage will be higher. And over half of those who renegotiate their mortgages have gone into default and foreclosure within 10 months. It seems most of them just cannot repay their debts. On the flip side, within 12-18 months, that interest rate should look like a blessing from the money-gods. Interest rates are bound to skyrocket since so much money has been printed out of thin air — monetary inflation inevitably leads to financial inflation.

So, the only question now is, can you make the loan payments? Only you know the answer to that.

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Countrywide's promised loan relief falling short

Both borrowers and loan modification consultants complain of abysmal customer service and a maddening process that can take months to complete.

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Loan Modification For Dummies (For Dummies (Business & Personal …

July 29th, 2009

Here is a new Post at Loan Modification For Dummies (For Dummies (Business & Personal ….

Loan Modification For Dummies (For Dummies (Business & Personal ...

The crucial information you need to secure a reliable loan modification and save your home Behind on your mortgage payments? Worried about losing your home? Don’t panic. Loan Modification For Dummies gives you the reliable, …

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Loan Modification For Dummies
Honest 60 Minute Loan Modification Review - Is It A Scam?
Feedburner - RISmedia - Real Estate Agent Information
Gay Potter speaks about the time frame for Short Sale completion!
Loan Modification Made Easy!

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Qualify for Wells Fargo Loan Modification | HULIQ

July 28th, 2009

Here is a new Post at Qualify for Wells Fargo Loan Modification | HULIQ.

Qualify for Wells Fargo Loan Modification | HULIQ

Qualifying for the wells fargo loan modification will be easy if you know about their guidelines and the requirements. Here are complete details you would ever want to know about these modification programs.

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Who Has Been Successful With A Wells Fargo Loan Modification?

We tried and and it failed. They kept asking for the same info over and over. Finally I asked why did I have to keep sending in the same info. The lady said, "Well if you just paid your mortgage you would not be in this mess." I have read that very few loan modifications are actually being accepted. We are now in foreclosure and waiting for notice of the auction. Good luck to you but I would not get my hopes up to high.

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Loan mods still aren’t doing the job
Loan Modification - Phoenix - Lower Your Home Mortgage Loan Payment/Principal
Would you skip a mortgage payment if you thought it could help you with the bank?
Financial Crisis : Silver Bullets for Toxic Mortgages

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U.S. Effort to Modify Mortgages Falters

Wells Fargo & Co. didn't begin offering some at-risk borrowers loan modifications under the Obama plan until early June. One issue was that mortgage

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