Thursday, December 31, 2009

DIY Loan Modification Guide

This is the most comprehensive package for the do it yourselfer on the market today. Learn how expensive loan modification companies set up and package your file to get it approved. This DIY Modification package will provide you with all the knowledge and paperwork you need to drastically increase your chances of your modification going through.

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Monday, December 28, 2009

What is a Loan Modification and How Can I benefit?

A Loan Modification is a permanent change in one or more of the terms of a mortgagor's loan, it allows the loan to be reinstated, and results in a payment the mortgagor can afford. A modification is made to an existing loan by a lender in response to a borrower's long-term inability to repay the loan.

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Thursday, December 24, 2009

Modification.org - Now Offering Exclusive Discount on Mortgage Loan Modification Services to Students, Teachers and ... (PRWeb)

A new website, Modification.org is now live and is helping thousands of American Families drastically reduce monthly mortgage payments, lower their interest rates, reduce the principal balance on their loans and avoid foreclosure through their Mortgage Loan Modification Service. This Loan Modification Company offers an Attorney backed Loan Modification Program in all 50 states and a 100% ...

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Monday, December 21, 2009

Beware Banks Offering Loan Modification

Since the lender is making the offer, the offer will be on terms that are in the best interest of the lender, with the terms drawn up by attorneys working for the lender. While the home owner may realize some relief, it is unlikely the relief will ultimately be in the home owner’s best interest.

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Thursday, December 17, 2009

Loan Modifications Are A Joke | Your Mortgage Planner 2.0 Bl

Caveat emptor… the majority of Loan Mod companies in existence are not legit. I have not found one that can guarantee or promise a Mod. They have no problem overloading individuals with statistics, such as 97% response rate. Guess what, by calling your lender and talking to a customer service rep, you just had a 100% response rate.

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Monday, December 14, 2009

How To Qualify For Loan Modification

Which homeowners qualify for LOAN MODIFICATION and how can you improve your chances of success? While each lender has their own unique guidelines for acceptance, there are some general requirements that borrowers must meet if they hope to get their loan modified to a new, lower monthly payment. Knowing this information ahead of time will help

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Thursday, December 10, 2009

Loan Modification Guidelines: Foreclosure Combatant

Most of the loan modification requests come from home owners who prefer to try to hang on to their home than let it go to foreclosure or attempt to do a short sale. Both short sales and foreclosures affect credit in an identical manner if a Score Factor 22 is entered into a borrower's credit report.

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Monday, December 7, 2009

Congressional Panel Says Home Affordable Program Inadequate

A day after the Treasury boasted about meeting its loan modification goal early, the Congressional Oversight Panel called its foreclosure mitigation efforts “inadequate.” “It increasingly appears that HAMP is targeted at the housing crisis as it existed six months ago, rather than as it exists right now,” the group said in a new report. “The program is [...]

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Thursday, December 3, 2009

Don't Panic - Apply For a Free Loan Modification

People can panic and do things that they wouldn't dream that they would do when they hear that they might be facing foreclosure. They don't want to lose their home and would be willing to do almost anything to keep it. That's why many people who are facing foreclosure fall into scams with the latest ...

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