Adjustable Rate Mortgages or ARMs are one of the most dangerous situations for homeowners. Your mortgage rate will be adjusting upward, sometimes as much as 50%, and your mortgage payment will double as a result. For typical Americans, you probably have never seen a 1-year raise above 10%, and a 50% increase in your monthly payments.
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Monday, April 26, 2010
Thursday, April 22, 2010
Foreclosure assistance program
Homeowners in need of foreclosure assistance have found reliable help with the loan modification program at Mortgage Modification Legal Network. A loan modification program that looks at more than just your foreclosure by getting to understand what is best for you and your family. Ultimately negotiating a mortgage that fits your unique needs.
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Monday, April 19, 2010
BankUnited Proactively Reaching Out to Over 7,000 Homeowners in Need of a Loan Modification (Business Wire via Yahoo! Finance)
MIAMI LAKES, Fla.----Over the last 60 days, Eric Darmanin, Senior Vice President, BankUnited through Eagle Nationwide Mortgage Companyâs affiliate offices, along with Ryan Boyajian, President of Mortgage Modification Legal Network, announced a partnership to stop foreclosures and move homeowners into loans that both the bank and the homeowner can comfortably live with.
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Thursday, April 15, 2010
Investor Sues to Block Mortgage Modifications
The battle over the mass modifications of troubled mortgages has begun in earnest. On Dec. 1, William Frey, a private investor in mortgage-backed securities, filed an unprecedented lawsuit in U.S. District Court in the Southern District of New York alleging that the proposed modification of some 400,000 home loans originally underwritten by the def
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Monday, April 12, 2010
Law Firm's Loan Modification Department Offers Help to
The U.S. housing bubble has left many homeowners in mortgage crisis, but the Loan Modification Department of the law offices of Christian Dillon offers a practical solution. The California-based law firm helps homeowners in financial hardship to restructure their loans and avoid foreclosure. Employing a team of experienced lawyers and financial exp
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Thursday, April 8, 2010
Loan Modification Programs - Officially in Vogue?
California, which leads the nation in foreclosures, is one of more than two dozen states that that have taken steps to help distressed homeowners and to stem escalating defaults. Congress has been urging financial-services companies to work with borrowers and avoid foreclosures, which rose to the highest on record in the third quarter.
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Monday, April 5, 2010
looking for Chase Loan Modification
When I purchased our home my wife and I had a very good income together. My wife was laid off from her job of 5 years, which cut our household income to nearly half. I was trying to maintain all of the bills (mortgage, utilities, healthcare, etc) along with raising our two daughters. Of
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Thursday, April 1, 2010
Loan Modification with Wilshire
We have helped stop foreclosure and helped homeowners get a loan modification with Wilshire below is an example of help. husband lost his social security benefits and has now gotten them back so we can begin making mortgage payments again. We have more money coming in each month now and can start paying
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