Archive for the ‘Loan Modification’ Category
Loan Modification Help from the Feds for Distressed and Underwater Homeowners
Sunday, March 25th, 2012We recently published a blog post on loan modification options for distressed and underwater homeowners. One of the options we mentioned but didn’t elaborate on there was the federal government’s Making Home Affordable Program (MHAP).
Mortgage Modification Cons To Avoid
Sunday, March 11th, 2012Tough times call for tough measures; at least that is how fraudulent companies are operating these days. As technology advances so do the techniques used by scam artists attempting to prey on vulnerable homeowners. The mortgage debt industry has become a major player in the market and criminals are quickly cashing in. As a homeowner it can be hard to tell the good from the bad, especially when you are blinded by desperation to avoid foreclosures.
Choosing The Right Time To Refinance
Friday, February 17th, 2012With all the recent talk of loan modification and refinancing program improvements, many homeowners begin to wonder which option is best. While refinancing a mortgage is a great way to lower payments and free up some money, it isn’t for everyone. More specifically, there are good and bad times for refinancing. In order to get the most out of a refinancing offer, homeowner should carefully consider whether their situation meets a few key guidelines.
Mortgage Settlement Deal Reached
Sunday, February 12th, 2012After nearly two years of investigation and a lengthy legal battle, a settlement agreement has been reached over the mortgage and unlawful foreclosure practices. Several big banks took center stage of the investigation, along with countless smaller banks, and all were ordered to pay restitution to the victims of such practices. Now just a few short weeks after the settlement agreement was announced, there is much controversy surrounding the deal and its likelihood of changing the industry.
Basic tips on Home Loan Modification
Wednesday, January 25th, 2012In the loan modification marketplace, you will see all kinds of practitioners. A very good number of these are fakes. Since the economic recession, loan modification services are springing up in every nook and corner of the United States. To an unsuspecting consumer, all are the same. They are all not the same. You must be careful while searching for loan modification. You also need to arm yourself with the basic knowledge to help you identify the fakes amongst them.
Home Loan Modification Tips
Wednesday, January 25th, 2012The economic recession threw lots of home owners into confusion financially. Many had problems with their mortgages and faced with foreclosure. Loan modification companies sprang up here and there to the rescue of distressed landlords. Hope became bright for possible rescue mission for thousands of home owners. Landlords in a bid to save their situation fell back to loan modification practitioners for solution.
