All Entries in the "Loan Modification" Category
8 Ways To Spot Loan Modification Scams
We wanted to take the time to educate those who are searching for help and may not be able to tell a “good company” from a “bad” one. If the company passes this list and you can afford their service fee, chances are your keeping your home. For full article, click here
Treasury Punishes Top Banks for Poor Loan-Modification Performance
On Thursday the Treasury Department announced that it will withhold incentive payments to Bank of America, J.P. Morgan Chase and Wells Fargo until they substantially improve their performance in the federal Home Affordable Modification Program, known as HAMP. For full article, click here
There Are A Lot Of Roadblocks With A Loan Modification: Navigate Well
The Home Affordable Modification Program is financed for $75 billion and provided usual loan workout terms to eligible homeowners. Contributing lenders are entitled for incentive payments by the Treasury Department for each loan workout concluded by the government guidelines. For full article, click here
HAMP Numbers Steady, But Low
The Making Home Affordable anti-foreclosure program has been widely criticized for falling short of expectations, but it seems to have reached a sort of equilibrium recently. For full article, click here
How to Avoid Home Loan Modification Scams
While nearly half a million people have so far reaped the rewards of President Obama’s HAMP program, the number pales in comparison to those who are struggling with the ongoing threat of foreclosure. For full article, click here
Loan Modification Scams: What You Need to Know to Avoid Being Duped!
Listen up, because these loan modification scams could not only cost you thousands, but you could end up out of your home and out of luck! For full article, click here
3 Major benefits of mortgage loan modification
There are certain loopholes of getting your mortgage terms modified but still you get certain benefits. For full article, click here
5 Important Tips To Get Approved For Your First Federal Loan Modification
Getting your mortgages modified under the government loan modification programs could be quite challenging. But you could make your task of getting an approval for a HAMP loan modification much easier by following certain important guidelines. For full article, click here
Government Loan Modification Program Wont Work For Everyone
Although the Obama loan modification program was enacted with good intentions, it isn’t for everyone. The goal of the program was to save homes from foreclosure and slow the decline of home prices. For full article, click here
Homeowner Beats Bank Of America In Small Claims Court
A California homeowner sued Bank of America in small claims court and won $7,595 from the bank after it burned him on a mortgage modification. For full article, click here
Chase Bank Gives HOPE LoanPort $100,000 Grant to Facilitate Loan Mod Efforts
HOPE LoanPort has announced that Chase Bank has awarded the non-profit a $100,000 grant to help facilitate mortgage loan modifications. Formed in 2009, HOPE LoanPort is a Web-based utility created to improve the execution of loan modifications. For full article, click here
