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loan modification wa: WASHINGTON LOAN MODIFICATION - 08/19/09 06:11 PM
Thousands of struggling Washington homeowners have attempted to get a loan modification only to wait weeks or even months to get their case reviewed, often getting no response at all or a runaround.
Recently, the Obama administration has began leaning on mortgage servicers collecting and processing mortgage payments to step up modifications. According to a recent report from the Treasury Department, there is wide variations in how quickly mortgage companies are actually helping distressed homeowners avoid foreclosures.
Reports show that the government programs have only helped 9 percent of eligible borrowers get their mortgage payments reduced with modified loans. Mortgage … (5 comments)
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loan modification wa: HOME LOAN MODIFICATION WASHINGTON - 08/19/09 01:32 AM
Thousands of homeowners in Washington are now exploring all of the options available to them in order to save their homes from foreclosure or from going "underwater." With rising interest rates and plummeting housing prices, refinancing is no longer a valuable option, and coincidentaly loan modification has become the last chance for most borrowers to save their house and assure an affordable mortgage.
According to recent reports, half of American homes will be "underwater" in 2011, the owners owing more than the homes will be worth. Faced with increasing adjustable interest rates, upside-down loan-to-value, defaults and foreclosure, homeowners are unable … (4 comments)
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loan modification wa: LOAN MODIFICATION WASHINGTON - 08/19/09 01:03 AM
Washington homeowners facing hardships such as divorce, medical bills, or unemployment, as well as those placed in "toxic" mortgage loans are now unable to afford their monthly mortgage payments. In order to avoid foreclosure and save their home, these borrowers must do something immediately! With a loan modification, homeowners are able to obtain an affordable monthly payment, allowing them to stay in their home.
Confirmed by Donna Dziak, manager of Seattle nonprofit Solid Ground's housing counseling and prevention programs, most of the major lenders, including those receiving billions in federal bailout money, commonly deny modifications for homeowners. Borrowers who have experienced … (10 comments)
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Mortgage Modification Masters
Seattle,
WA
More about me…
Mortgage Loan Center, LLC
Address: Seattle, Wa, 98101
Cell Phone: (425) 286-4517
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