Moe Bedard from www.loansafe.org and http .com talks about Bank Of America spreading propaganda as people get grinded into the foreclosure trap. Bank of America is talking about modifying following mortgages when people cant even pay their first mortgages. Moe talks about that the huge banks are taking advantage of the small people. Only fighters are going to be the ones who walk away successful.
www.helpUmodify.org is a not for profit consumer promotion project helping distressed homeowners dodge the lures of empty promises and predatory tactics of sub-prime modification outfits trying to collect upfront fees for promises of results. This is the third in a 3 part series that clarifies the loan modification process from application to acceptance. The purpose of this Complete Guide to the Loan Modification Process is to educate and empower home owners to better know the process and improve the probability of a favorable outcome
Even if you are close to foreclosure, and the bank has sent your file to a law firm? Do those companies that charge a fee upfront work? Are they successful in modifying a loan?
I have about $65K in various student loans, it has been killing me. I heard there is loan modification like the mortgage modification, it will reduce my loan amount or give me an affordable terms. How to do that?
has anyone had their mortgage loan modify? we pay 1000 a month for our house. is it possible to get it modify to pay 600 or 700 a month? I don’t know if I should keep my house? I reckon I am paying too much for an ancient house. when we first got the house we paid 600 a month and then like idiots (did not know any better) we refinance and now we paid 1000. my question is have anyone out there had their loan modify and is it possible to reduce the payments?