Zero Hedge: More on CMBS Market Deterioration: Riverton To Be …

Here is a new Post at Zero Hedge: More on CMBS Market Deterioration: Riverton To Be ….

… will be auctioned off on February 20, as owners Rockpoint Group and Stellar Management have been unable to modify loan terms. This should be scary news for mortgage-backed security investors, as the CMBS market has …

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Here is a response on similar topic:-

What can I do to make Countrywide modify my loan?

You can not "make" Countrywide modify your loan. The billions of dollars given to the banks was not specified for the purpose of bailing you out….it was only to bail the banks out.

FYI, here is a list of recently published Posts on same topic:-

Committee on Doubt and Uncertainty
Foreclosures Ease as Lenders Await U.S. Plan to Aid Borrowers
Loan Modification Program: How to Get a Bank Loan Workout and Modify Loan Terms
Credit Union Homeowners Affordability Relief Program

I though that might be of interest :-)

Here is a news article on related topic:-

Manhattan’s Riverton Apartments Set for Auction Block

20 because owners Rockpoint Group LLC and Stellar Management have been unable to modify loan terms, according to Trepp LLC, a commercial real estate data

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4 Comments

  1. Vannessa Sedlay says:

    To have mortgage loan modification acceptance, get yourself familiar with the new rules and regulations for preparing loan modification in you area and for your particular bank utilizing assistance from a professional who is knowledgeable in filing successful mortgage loan modification applications. Don”t forget to get all the requested paperwork well prepared ahead of presenting the application to your mortgage lender .

  2. Yajaira Hebig says:

    To get mortgage loan modification acceptance, become familiar with the new rules and regulations for arranging loan modification in you area and for your loan provider utilizing assistance from a professional who is knowledgeable in submitting successful loan mod applications. Don”t forget to get all the mandatory forms prepared ahead of presenting the application to your lender .

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