Loan Modifications Slow Down as Servicers Get Swamped

Shortly after the government urged them to step up their loan modifications, mortgage loan modification servicers are finding it hard to keep up with requests and inquiries from thousands of struggling borrowers. Borrowers, on the other hand, are beginning to get frustrated at the long waits.

A performance report by the Treasury Department showed that response [...]

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Chase Loan Modification Program – Insider Tips

Keeping up-to-date on mortgage payments has become a struggle for many Americans. If you have a loan with Chase Bank and are having a hard time keeping up with your mortgage payments, a loan modification may be a possibility for you – one that will allow you to keep your home at payments that you [...]

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Citimortgage & Citibank Loan Modification – How To Apply For the Affordable Home Plan

As the economy suffered in recent years, Citimortgage and Citibank also suffered some losses. These losses were due to homeowners that were unable to make their mortgage payments and went into foreclosure, greatly reducing Citibank’s profits. Because of these poor conditions, Citi is now offering qualified borrowers the option of modifying their loan, in order [...]

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Bank of America Or Countrywide HAMP Loan Modification – From Denial to Approval

For anybody currently in a loan agreement with either Bank of America or Countrywide, there is the possibility that the loan modification process may not be agreed to, and the house could be lost. This could be devastating to a family, but there are ways to successfully negotiate this process and save the residence from [...]

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Loan Modification Help Center – Understanding the Foreclosure Process

Very often, when someone contacts a loan modification attorney they really do not understand how the foreclosure process works or how to stop it.  People who do not understand foreclosure proceedings are often scared, timid and unwilling to do what it takes to stay in their homes.  Many think that if they just ignore their [...]

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AHMSI Loan Modification Process – What You Need To Know

If you are in the process of requesting a loan modification with AHMSI, there are some things that you need to know if you want to process to go smoothly and the end result to be a modified loan that you can afford.

Many borrowers are requesting changes to their loans in order to lower [...]

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