Loan Modification Blogs & Blog Posts
Blogs on loan modification
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Latest Blog Posts on loan modification
- Jacksonville Loan Modification Leads to Florida Foreclosure for Many. by Florida Estate Planning Lawyer Blog on Nov 22, 2009
To date, only a very small percentage of loans have received modifications. And, even those modifications are only good for number of years. At the end of the modification term, the loans revert back to what started this mess in...
- Jacksonville Loan Mortgage Modificiation Lawyer and Foreclosure Defense by Florida Estate Planning Lawyer Blog on Nov 18, 2009
Many Jacksonville Foreclosure Lawyers see the poor attempt by banks to do loan modifications. Loan Modifications are in the news in Jacksonville Florida where it appears that many have been told to stop making payments to be eligible for...
- Weird Housing Tales, Part 23 by Boom2Bust.com on Nov 9, 2009
From my favorite real estate writer, Mary Umberger, in the Chicago Tribune yesterday: A Los Angeles couple and three others have been charged with torturing two employees of a loan modification company. According to published reports, prosecutors say...
- Facing Foreclosure? Talk to Your Lender First by Atlanta Real Estate Forum on Nov 8, 2009
If you have fallen behind on your mortgage payments, or are afraid that you might soon fall behind on your payments, the first thing that you should do is talk to your lender or “loan servicer” collecting your payments. Be proactive. The earlier...
- Is Uncle Sam Your New Slum Landlord by Fremont Realtor on Nov 6, 2009
Fannie Mae (which is owned by Uncle Sam), will be implementing a plan for homeowners who turnover their deed to be able to rent their place back. Prospective renters must show that they can afford to pay the new market rental rate and must be able to...
- IRS creates new Form to help consumers get a loan mod by Fremont Realtor on Oct 23, 2009
Hard to believe the IRS is actually trying to help people, do better financially. They've come out with a new form that will provide a short copy of what you filed on your tax return Form 1040. The IRS specifically cited the form’s use for applicat...
- More Loan Modificatoins involve principal reduction than in the past. by Fremont Realtor on Oct 9, 2009
10% of loan mods that occurred in the last quarter involved forbearance (where a portion is set aside on which no interest is charged but has to be paid off upon sale) or principal reduction. I also got a chance to meet SVP’s at BofA, Chase, and We...
