05th October 2009
A loan modification may be the solution for many homeowners to avoid foreclosure proceedings. The process involves negotiation on a loan in which the lender and borrower agree to adjustments on the original mortgage terms. The outcome of this form of loss...
05th October 2009
Short refinancing is a type of loss mitigation negotiation in which the mortgage lender agrees to a reduction in the principal amount due on a loan. The reduced principal usually mirrors the current market value of a property in order to repair upside dow...
07th September 2009
Whether your circumstances involve negative home equity, late loan payments or mortgage default, there are options to revive your position in the real estate market. The following offers a closer look at some of the most common forms of loss mitigation ne...
07th September 2009
Numerous American homeowners struggle to make their monthly loan payments, running the high risk of credit damage and foreclosure. For those in troubled mortgages, loss mitigation negotiation through a qualified mortgage specialist can provide adequate re...
21st August 2009
Many homeowners are upside down in their mortgages, making traditional refinancing difficult, if not impossible. For those suffering from negative home equity or adjustable high interest rates who have been unsuccessful at obtaining a traditional mortgage...
21st August 2009
If you're one of the numerous American homeowners who has been turned down for a traditional mortgage refinance and are enduring the hardship of an upside mortgage or an ARM that is scheduled to adjust up, a short refinance may be the solution for you. Ho...
