Tag Archives: Reduced Payment

What is Mortgage Loan Modification?

Posted on June 24, 2010 by admin

A mortgage loan modification is a permanent change in one or more of the terms of your loan creating a brand new contract between you and your lender. We will work with the lender to create a new contract that … Continue reading →

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Facing Your Fears – Has Your Mortgage Become Overwhelming?

Posted on November 9, 2009 by admin

When mortgage problems arise, some individuals take the wait and see approach, simply because they have never been faced with this type of problem before. Others, due to embarrassment, mental stress or feelings of inadequacy, put the problem off for … Continue reading →

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Loan Modification from Bank of America on the Making Home Affordable Plan

Posted on October 16, 2009 by admin

Bank of America came under some early criticism for not modifying as many loans as they could under the Home Affordable Modification Program. However, they, like other lenders, have been increasing their output as more effort is made to increase … Continue reading →

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Making Home Affordable and GMAC

Posted on September 18, 2009 by admin

GMAC has been active in its loan modification efforts. When the first Making Home Affordable numbers were released back in early August, the company was blowing away many of its fellow lenders and servicers. They had one of the highest … Continue reading →

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