Tales from the Field: A Homeowner Who Fought Foreclosure and Won RisMedia.com (press release) The ordeal isn't over yet. The eviction was stopped and her bank canceled the foreclosure because of the possibility that the loan would be modified to make it more affordable. But Mena continues to negotiate with the bank over loan terms.
Real Estate column: A loan modification isn't a new mortgage Herald Times Reporter Most homeowners are under the assumption that a borrower must be behind on mortgage payments in order to get approved for a mortgage modification. A loan modification is a way to change the terms of an existing loan in order to help the borrower stay ...
Borrower needs to refinance Detroit Free Press I applied for a loan modification, and during the original process I was told it looked very good. But we had to keep resubmitting papers and different proof of this and that for several months, with the final determination that we didn't qualify ...
Loan Modification Short Sale and Foreclosure Tax Consequences MarketWatch (press release) 3, 2012 /PRNewswire via COMTEX/ -- Indicating most homeowners awaiting loan modification approval and contemplating short sale or foreclosure are not aware of all consequences with regard to their decision, San Diego short sale realtor Joy Bender has ...
Loan Modification Event Taking Place in Ontario LoanSafe A nonprofit challenging the conventional wisdom that loan modifications require months filled with delays and frustration claims it can get the job done in a day. That organization is the Neighborhood Assistance Corporation of America.