Read how many times your lender can fib to you
In the New York Times the headline is, “Winning Lower Payments Takes Patience, and Luck.” I repeat, No, it doesn’t. It takes a national certified attorney like the ones I represent to bypass luck AND patience.
Read MoreSo frustrating to see reporters get so much closer to the mortgage modification mess, yet so far
It is that neither Indymac, or any other lender, ever expects to be held accountable for it’s treachery and lack of good faith. Why? Because no lender has yet been held accountable.
Read MoreOne Big lender gets held accountable for neglecting a distressed homeowner
a court judge found the lender/servicer’s behavior “Mortifying abuse… completely devoid of good faith… harsh, repugnant, shocking and repulsive. The judge described the lender’s representative in court as having an “opprobrious demeanor and condescending attitude”.
Read MoreAt least the Denver Post did their own research this time
The sure-fire method to getting a beneficial, successful mortgage modification is to contract a national cerified attorney like the ones I represent. The Department of Regulatory Affairs has severely hamstrung the truly succesful attorneys, but it can still be done.
Read MoreA true mortgage modification need not hurt your credit score
lenders have three avilable workout solutions: reinstatement (which was most assuredly caused by delinquent payments), forebearance (also most asuredly the result of delinquesnt payments), and actual modification (which may or may not have been triggered by late payments).
Read MoreComments on CNN article on seven foreclosure buying points
CNN is not in the business of investing in Real Estate, so there are qualifications
Read MoreAnother article and blog on why your lender will avoid your mortgage modification application
No matter how sympathetic the voice is at the other end of the line, your lender is looking for any reason to NOT modify your mortgage.
Read MoreA cheated mortgage modification story in Colorado
CBS TV4 in Denver relates one more tale of a bilked homeowner. The couple paid ‘upfront’ for a non-attorney mortgage modification company which promptly disappeared.
Read MoreNo Improvement for New Mortgage Modification Transparency Rules
This article deals with the U. S. Treasury Dept requiring the explanation of denial to certain distressed mortgage applicants. Don’t hold your breath.
Read MoreMandelman puts it all together in a timely DVD
The title of the DVD is “A Hundred Thousand Homeowners – Voices of Hope and Change.”
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