Real estate blog entries tagged with note modification

Blog entries tagged with "note modification":

note modification: Facing late payments on your mortgage? Try note modification! Tell everyone you know who may be in trouble! - 04/29/08 03:13 PM

Ok. You are now facing late payments, but if you could only refinance! You have called every lender, mortgage broker in the area. It is time you call your lender! Tell them the following:
1) Your total debts
2) Your total income
3) Explain to them why you were able to meet the payments … (6 comments)

note modification: A Survival Guide for Foreclosure Scams and "Stop Foreclosure" claims - 03/28/08 12:56 PM

If it sounds to good to be true.......
My heart just skipped a beat when i read this article this morning about this Foreclosure Scam. It's bad enough that so many home owners are struggleing to deal with misrepresented loan programs and falling home values, but when the vultures come out it infuriates … (2 comments)

note modification: Another Option Coming For Struggling Homeowners in April 2008 - 02/29/08 09:44 AM

In April, Fannie Mae loan servicers will have another option to offer to their borrowers. HomeSaver Advance will be their newest loss mitigation option to look to for delinquent mortgages. The key to this option will be that a borrower can show that the reason that triggered their delinquency - i.e. … (2 comments)

note modification: Do you need a Mortgage Note Modification or Mortgage Modification? - 10/03/07 11:38 PM

Many homeowners across the country are facing a crisis. The American Dream is now a nightmare. It was fine until the rate adjusted, the lost job, or unexpected circumstances. Many lenders are facing so many foreclosures that they are actually willing to negotiate a settlement with the borrower that WILL NOT … (7 comments)

note modification: The Headline Reads, "Democrats Want President Bush To Do More To Prevent Foreclosures" Give Me a Break, The Cubbies Are On. - 10/03/07 11:30 PM

When I got home tonight I was determined to take my mind off of business and focus on the real business of the day, the Cubs trying to win their first World Series in 99 years. I am not a Cub fan unless they make the playoffs and then they are … (10 comments)

note modification: Note Modification Info - 09/27/07 12:03 AM

Note modification, easy refis available.You don't always have to spend a lot to reduce your mortgage's interest rate.
Lucky homeowners can "modify" their mortgage notes, paying their existing lender a few hundred dollars in exchange for a reduced interest rate on the current loan.
"Rates have been dropping. People have been refinancing. It doesn't … (0 comments)

note modification: Note Modification is a Compromise - It's Not For Everyone and Won't Save Every Home - 09/26/07 10:23 PM

I have been blogging on note modification a lot lately. As a result I have gotten a lot of calls from distressed borrowers looking for some free advice, which I am happy to provide.
This morning I got a call from a woman named Alice in Florida. She wanted me to help … (12 comments)

note modification: A Comment from Diana: A Real Life Story of Today's Mortgage Mess and Why All Lenders Need To Get Involved - 09/26/07 10:10 AM

Last week, I wrote Calling on All Mortgage Lenders on Active Rain! Be a Hero - Give FREE Time To A Distressed Borrower and Help Them Save Their Home thru Note Modification.
I told about how I have been helping families get their mortgages notes re-done by simply spending time with them and … (2 comments)

note modification: Calling on All Mortgage Lenders on Active Rain! Be a Hero - Give FREE Time To A Distressed Borrower and Help Them Save Their Home thru Note Modification - 09/20/07 01:41 AM

In the past two weeks, I have had no less than five desperate homeowners, with negative equity, mortgage lates, and resetting ARMs call me to help them refinance their mortgage to save them from foreclosure.
In all five cases, a refinance was not possible. I still made appointments for each of the borrowers to come to my office and bring their … (41 comments)

note modification: My Solution to the Lending Mess---An Open Letter to The Nation's Top Banks - 08/02/07 01:56 AM

Dear Top 25 Residential Lending Banks---
As you know, we are in a mess. A downright mess.
Foreclosures are at an all-time high in many areas. Most housing markets are depreciating. Millions of homeowners are facing the recast of their adjustable rate mortgages. They cannot refinance out of them so they will watch their payment skyrocket … (15 comments)