This website gives a thorough review of the many options for people in Florida facing foreclosure. There is a balanced discussion of short sales, short refinance, mortgage loan modification, forbearance, and deed in lieu. The web is maintained by an actual attorney, qualified to speak on the topic of avoiding foreclosure in Florida.
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Monday, March 29, 2010
Thursday, March 25, 2010
18% of All Borrowers are Underwater on their Mortgage | To do a loan mod or to do a short sale?
In a recent study released by First American Corelogic (courtesy HousingWire), 18.3% of all borrowers are facing negative equity on their real estate. The raw number of under-water borrowers is estimated at 7.6 million. The study also contained a category of homes that are considered ânear negative equityâ. This category of borrowers defines situations in [...]
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Monday, March 22, 2010
Wells Fargo Has Expanded Their Loan Modification Program for
After Wells Fargo purchased Wachovia, they took on a tremendous amount of homeowners who were at risk of serious foreclosure, so with Wells Fargo receiving 478,000 new customers, with loans totaling $120 billion, there will be an extension on the current Wells Fargo modification program until at least February 28.This is great news for new Well
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Thursday, March 18, 2010
Mortgage Modification Legal Network Invited by Templo Calvario Church to Provide Education on Loan Modification to ... (Business Wire via Yahoo! Finance)
LAGUNA NIGUEL, Calif.----Templo Calvario, the largest Hispanic bilingual church in the nation, has discovered that an alarming amount of their congregants are in financial crisis. In an effort to provide education and outreach to their over 6,000 congregants, Templo Calvario has invited Mortgage Modification Legal Network to discuss options and facts about loan modification.
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Monday, March 15, 2010
Inside Loan Modification Process, Loan Modification Programs
Loan Modification Services (sometimes called Loss Mitigation) were established by the Federal Government and the credit industry in order to help borrowers who canât pay their debts for a variety of reasons. A Law Office that specializes in debt negotiations with secured creditors is the best solution when going up against your lender...
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Thursday, March 11, 2010
Loan Modification - Do it Yourself
A loan modification is when your existing lender changes the terms of your existing loan to help you stay in your home. With so many Americans underwater on their mortgage, many loan modification companies have been sprouting up across the nation. This article gives advice, tips and resources to do a loan modification yourself.
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Monday, March 8, 2010
How to Secure a Loan Modification Agreement
More and more homeowners in Massachusetts are now realizing the benefits of a loan modification agreement as being one of the best options to foreclosure. With a loan modification agreement, a reliable tool against foreclosure which offers a long-term solution, more and more Massachusetts homeowners are able to keep their homes and reduce their...
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Thursday, March 4, 2010
3 Things To Know Before You Go For Loan Modification
If youâre falling behind on your mortgage and cannot qualify for a refinance or an alternative payment plan, it is time you negotiate for a loan modification (mortgage modification). This is where you can work with the lender and get your loan terms and conditions modified so that you pay off the loan comfortably...
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Monday, March 1, 2010
Mortgage Modification Act and Politics as Usual
âModern politics is, at bottom, a struggle not of men but of forces. The men become every year more and more creatures of force, massed about central powerhouses. The conflict is no longer between the men, but between the motors that drive the men, and the men tend to succumb to their own motive forces. [...]
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