So, you’ve been sued for foreclosure. Here’s why you should stay away from mortgage modification and loan relief companies. Let’s face it, when there’s a need to help people in difficult times, there are scams and unsavory characters coming along with that South Florida mortgage fraud capital of the…
FAQ Category: Loan modification
Behind on your loan, and considering a loan modification, here’s the dirty little secret about your loan servicer that they don’t want you to know. The longer you stay in default, the more money your loan servicer as the ability to make, the longer you stay in default, the…
So, look, you’re being sued for foreclosure, you’re getting advertisements all over the place. And you’re wondering, how do I choose the right law firm? Well, you got three different types of lawyers when it comes to defending foreclosure cases, you’ve got your delayers, your delayers are just gonna…
If you’re struggling to pay your mortgage, would you do next is critical to you and your family’s security and future. There are several options that are available to you. If you’re struggling to pay your mortgage such as forbearance, loan modification, foreclosure defense, or even a chapter 13…
To qualify for HAMP or other modifications, there is a very specific formula that is used. If your income or expenses are too high or too low, or a myriad of other factors, the bank will simply reject the application. Unfortunately, when homeowners are told they don’t qualify for a…
HAMP is the Home Affordable Modification Program, a government sponsored program to assist homeowners that qualify in lowering their monthly mortgage payments. Not every lending institution participates in HAMP, and not everyone qualifies for it. In addition to HAMP, many lenders also offer in-house private modifications.
Yes, based on the new CFPB mortgage servicing rules, you can send an RFI (Request for Information) to your mortgage servicer asking them to explain any charges you feel are inaccurate or improper. They have 5 business days to acknowledge the request and 30 business days to correct your account,…
Unfortunately in our experience, despite how nice they may sound, the bank that owns your mortgage and the institution that services your mortgage are not your friends and are not really out to help you. We have had countless homeowners come to our office in tears after their homes have…
