Home » tags

Articles, tagged with "loss mitigation", page 1

Bookmark and Share

How Can Homeowners Reverse a Sheriff Sale?

09th November 2009
Too many homeowners who have already lost their homes are looking for one final chance to get them back. They have contacted nearly every loss mitigation company, nonprofit organization, and government agency in the country, all of which have informed the... Read >
Author: Nick Adama

GMAC Loan Modification - GMAC Gives You Another Chance

11th September 2009
If financial hardship has made your GMAC Loan Modification almost impossible to pay, you might qualify for a GMAC Loan Modification. This gives you another chance at home ownership. When you signed your home mortgage, things may have been good. You had... Read >
Author: Wes Kennedy

Proof Of Funds Letter Possible Fraud?

01st July 2009
A proof of funds letter can be referred to by many names as well as the conventional meaning of a letter that states you have funds available to complete a transaction. A proof of funds letter is frequently used in real estate short sale and REO purchases... Read >
Author: Morgan Foreman

Mortgage Servicing Abuse -- Signs to Watch Out For

06th June 2009
Homeowners can use mortgage servicing fraud and abuse practices as a defense to stop a foreclosure lawsuit. Once mortgage loans are originated, they are frequently packaged and sold off to investors. While no one may really know who owns the loan, the rig... Read >
Author: Nick Adama

EMC Loan Modification Updates

05th June 2009
In this article we review new loan modification guidelines for Countrywide, Bank of America and EMC. If you are struggling to make your payments with any of these lenders, you must read this article! These companies are just a couple of the lenders t... Read >
Author: Bob Mason

Wells Fargo Loan Modifications Have Lower Criteria, But Are Still Hard To Get

16th April 2009
Under Obama's loan modification plan, getting a Wells Fargo loan modification is easier than ever before. Before the Home Affordable Program, modification from Wells Fargo was notoriously difficult to get approved. Wells Fargo loan qualification standards... Read >
Author: Walter Sigmore

Why does the Loan Modification process take so long?

23rd March 2009
All banks are different. It can take anywhere from 30 to 90 days for a decision to modify a loan. The reasons for this are varied. Banks originally were not set up with entire loan modification/loss mitigation departments dedicated to handle the large sc... Read >
Author: Shawn
Bookmark and Share