Read about the convoluted and misunderstood distressed mortgage industry here. I research mortgage modification, short sale, and debt settlement information. Dedicated to honest and trustworthy assistance.
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Fairly accurate, if disconnected Mortgage Modification article
Ilyce Glink published an easy to read, if disconnected article on getting a mortgage loan modification negotiated successfully. She starts out with a sample letter received from a subscriber. I get the indication it's representative of many, many letters. It almost spells out the path to success. "I have heard that people who [...]
Read MoreClarification and corrections on KDVR Fox 31's post
Press reporters do the best they can. But when they're not accomplished mortgage modifiers themselves, read what they missed here
Read MoreNew FHA Home Affordable Loan Modification program
Great news for previously ignored FHA mortgage borrowers. Though, you knew the line was long before........
Read MoreFTC doesn’t get it – Mortgage Modifications and Short Sales demand attorney assistance
Increasing pressure on the Federal Government to control mortgage modification firms has encouraged the Federal Trade Commission to recommend not allowing up-front fees for professional mortgage modification negotiations. Because of the highly publicized failure of many companies to perform promised mortgage modifications, this would seem to be a great idea. As ususal, hasty and knee-jerk reactions to those few ill-prepared companies, or just plain crooks, will further hamper what is an overall well-intentioned industry.
Read MoreWhy Get a Mortgage Modification Attorney?
Any distressed homeowner that can’t afford their mortgage payments needs a lawyer. Assuming the reader is here for mortgage modification or short sale research, take the advice of a non-vested expert in obtaining a beneficial, affordable mortgage modification.
Read MoreDelay a short sale on the cheap, or get it done today
After ten months of of the Home Affordable Mortgage Plan, or HAMP, the rules for applying for a mortgage short sale now duplicate the mortgage modification process. One glaring fact remains however. Whether a mortgage modification or a short sale, the chances of a distressed homeowner obtaining a timely and beneficial mortgage solution are slim and none without professional assistance.
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