Loan Modification

JP Morgan Chase Home Loan Trial Modifications Cancelled For Some But Alternative Assistance Options Available

07/30/2010
By Karen Byrd

Homeowners with a J.P. Morgan Chase home loan have been in need of mortgage assistance, as have many homeowners with various lenders all over the nation. Yet, trouble between homeowners and lenders have come in many forms as well, specifically regarding the Making Home Affordable trial modification program. Homeowners believe that they have been...
Read more »

Posted in Loan Modification | Comments Off

Bank Of America Trial Modifications In Making Home Affordable Program–What Options Are Available After Cancellations?

07/30/2010
By Randell Jenkins

Many homeowners have struggled to obtain a trial modification from lenders like Bank of America as more homeowners are in need of mortgage assistance. Bank of America is one of the top financial institutions participating in the Making Home Affordable Program and has been offering various mortgage assistance options to homeowners who are in...
Read more »

Posted in Loan Modification | Comments Off

Citigroup Homeowners Obtain Home Loan Assistance But Some Fail In Trial Modification Period

07/29/2010
By Alex Strobel

Citigroup homeowners have struggled with their mortgage payments over the past months, as have many other homeowners with various mortgage servicers across the nation. While Citigroup is one of the top mortgage lenders in the Making Home Affordable Program, there have been numerous homeowners who are upset with mortgage lenders, like Citigroup, when it...
Read more »

Posted in Loan Modification | Comments Off

Making Home Affordable Report Home Affordable Foreclosure Alternatives And Second Lien Program–What Lenders Are Participating?

07/29/2010
By Lee McFarland

Many homeowners have had trouble obtaining some form of assistance that will allow them to either avoid foreclosure or make their home loan modification more affordable by modifying their second mortgage. Many homeowners with a second mortgage on their home were unable to benefit from a primary modification since monthly mortgage payments were still...
Read more »

Posted in Loan Modification | Comments Off

Homeowners With Second Mortgage Struggle In Modification Program–Second Lien Plan Lowers Home Loan Payments

07/28/2010
By Lee McFarland

Homeowners are in need of mortgage assistance across our nation and, despite the home loan modification program offering homeowners the opportunity to restructure their home loan payments to a more affordable rate, many homeowner are having trouble making these payments. One difficulty homeowners were having, and for some are still having, was the problem...
Read more »

Posted in Loan Modification | Comments Off

Wachovia June Home Loan Modification Report–Decrease In Trial Modifications But Rise In Permanent Modifications

07/28/2010
By Edward McCray

Homeowners who have a home loan with Wachovia Mortgage have seen mixed results from the Making Home Affordable reports that were released for the month of June 2010. Wachovia mortgage did see an increase in the number of permanent home loan modifications that have been made, but there was a slight dip in the...
Read more »

Posted in Loan Modification | Comments Off

Bank Of America Home Loan Modification Report Show More Modifications And Less Delinquent Homeowners For June 2010

07/28/2010
By Steven Craig

Mixed feelings are often the result of the Making Home Affordable Program as many homeowners are either grateful for the assistance that they receive or are angry and accusing lenders of not doing all they can to make home loan modifications more obtainable. Lenders have made mention of the fact that some homeowners simply...
Read more »

Posted in Loan Modification | Comments Off

Home Loan Mortgage Modification Program Sees Overall Increase In Permanent Home Loan Modifications For June 2010

07/28/2010
By Alex Strobel

Homeowners in the Making Home Affordable mortgage modification program may have seen more results over the past month as the number of permanent home loan modifications that have been made have increased. Some of the nation’s top mortgage services are participating in the modification program and, despite criticism, there has been an increase in...
Read more »

Posted in Loan Modification | Comments Off

Underwater Mortgage Assistance–Principal Reduction And Refinancing Opportunities On Homes That Have Lost Value

07/27/2010
By Edward McCray

Homeowners who are facing an underwater mortgage may have help available through various underwater mortgage assistance programs. The Obama Administration and the Making Home Affordable Program have been using various plans through lenders to make underwater mortgage assistance available to homeowners who are struggling. Some homeowners have been able to obtain a principal reduction...
Read more »

Posted in Loan Modification | Comments Off

Citigroup’s CitiMortgage Drop In Making Home Affordable Active Trial Modifications For June 2010 But Permanent Modifications Increase

07/27/2010
By Steven Craig

The Making Home Affordable servicer performance report for June 2010 showed that Citigroup had a drop in the amount of active trial modifications that are currently in progress. The drop from May to June is being seen by some as a problem since many homeowners are still struggling to get a more affordable home...
Read more »

Posted in Loan Modification | Comments Off

Advertisement