loan modifications: When to use a Loan Modification Services Provider - 03/31/09 09:27 AM
Is your mortgage loan at risk of default? Foreclosure?
Has your lender turned you down for a loan modification?
Your loan servicer's boondoggle and backlog may be easing
up a bit, so you should renew your request for workout
consideration, but don't be suckered into thinking you
must use a loan (5 comments)
loan modifications: Loan Modification Shortcuts Revealed! - 01/27/09 08:40 AM
Sorry, there are no shortcuts. Loan Mod Reps who claim otherwise are deluded, or dishonest.
The process of prequalifying the borrower, then making appropriate application for a loan modification requires borrower participation, and unmitigated cooperation throughout the ordeal. There is hard work, discomfort, and desired results are not immediately achieved.... That's one reason why (3 comments)
All things foreclosure: subprime & predatory lending updates, mortgage origination fraud, loan servicing errors, loss mitigation, preforeclosure sale and preforeclosure short sale transaction construct, etc.
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