Have you applied for a loan modification and felt that your
servicer did not properly review you for HAMP
and other Making
Home Affordable programs? Perhaps your servicer lost your documents or failed
to provide you with the proper update on your file? Well, what are you waiting
for? Escalate your case today and demand...
Showing posts with label Mortgage Trouble. Show all posts
Showing posts with label Mortgage Trouble. Show all posts
Wednesday, January 22, 2014
Thursday, December 12, 2013
12
Dec
A whole new
world of getting a mortgage is coming in the beginning of 2014. You should get
familiar now!!!
To remind
you, in the years before 2008, financial institutions were subject to little
regulation in the United States. Many lenders did not even bother to verify
income or debt before handing over adjustable-rate...
12
Dec
The
Mortgage Forgiveness Debt Relief Act of 2007 has provided relief to thousands
of borrowers who have completed short sales or obtained loan modifications with
mortgage principal reductions. Before this law was enacted, any forgiven mortgage
debt was taxable by the government. For example, if a lender reduced a
borrower’s...
Thursday, October 24, 2013
24
Oct
Are you sick of the unnecessarily long HAMP
application process? Do you have countless loss mitigation initial packages
sitting on your desk at home? Well, good news! Supplemental
Directive 13-09 to the Making
Homes Affordable Handbook, issued on October 18th, 2013, makes
the loss mitigation process more efficient.
Under...
Wednesday, October 16, 2013
Do you know someone who purposely defaulted on his mortgage
even though he had the ability to pay it? Perhaps this person did not want to
waste his hard-earned income on mortgage payments but instead saved up for a
cruise to the Bahamas. Or maybe this person owed more than he originally paid
for the home and did not want...
