Posted July 21st, 2009 by admin
According to Loan Modification Expert Jeff Morris, “Lenders are granting a very high percentage of loan modification requests.” The Law firm that negotiates most of my loan workouts recently informed me that CITI, WAMU, Chase, BofA, Countrywide, and Indy Mac are extending high volumes of loan modification agreements to struggling homeowners that can demonstrate a [...]
Tags: Jeff Morris, law firm, loan modification, loan modification agreements, Loan Modification Expert, loss mitigation
Posted February 9th, 2009 by admin
Ronald D. Roup, Esq. Legislative Chairperson UNITED TRUSTEES ASSOCIATION
Q1. — When does this bill take effect and become law?
A1.- SB 1137 passed the California Senate and Assembly as urgency legislation to take effect upon execution by Governor Schwarzenegger in an effort to help California homeowners prevent foreclosure with a loan modification.. The Governor signed the [...]
Posted February 3rd, 2009 by admin
As the foreclosure crisis continues to detriment many Americans, even more could now lose their homes due to a phony rescue loan company. Bill Whitaker reports on this mortgage relief scam from Woodland Hills, California. California led the nation in home foreclosures last month and mortgage fraud specialists seem to be setting up shop all [...]
Tags: foreclosure scams, loan modifications, mortgage relief
Posted November 6th, 2008 by admin
In an effort to slow the pace of home foreclosures and stabilize California’s shaky economy, Gov. Arnold Schwarzenegger yesterday unveiled a proposal to help borrowers modify troubled mortgages while making lenders more accountable. The centerpiece of the plan is a 90-day stay of foreclosure for owner-occupied homes that have a first mortgage in default. Schwarzenegger [...]
Tags: foreclosure, loan modification, mortgage lender
