Mistakes by mortgage servicers are relatively common in the loan modification process. Loan modification federal laws may penalize the mortgage servicer for loan modification violations, which can sometimes lead to the property being forfeited back to the homeowner.
A mortgage loan modification can offer some relief for homeowners that are behind on monthly payments by providing permanent modifications to the loan.
Loan Modification Representation We can reveal your eligibility for a loan modification with a specific lender along with the terms and payment amounts to provide more successful outcomes. Clients have found this helpful in order to make short term and long term financial decisions related to servicing their mortgage debt. We have the resources to…
Woman Says Bank Foreclosed On Her Home Despite Making Mortgage Payments “I purchased my home Feb. 20, 2004. In 2010 I received through the mail an offer from Bank of America (my mortgage bank), soliciting me for the Making Homes Affordable program, which was a President Obama sponsored mortgage modification program at the time. I…