Dual-track Foreclosures Now Forbidden

Dual-track Foreclosures (working with the homeowner on modification of the loan while simultaneously pursuing foreclosure) is now forbidden. Also forbidden, as if lenders didn’t already know, are robo-signing practices to process foreclosures. Robo signings were uncovered in 2010, when lenders hired people off the street to sign default documents in order to expedite foreclosures. Robo [...]

Bobbie Coven-Files Shares Short Sales Perspective

A big thank you to Bobbie Coven-Files for providing this feature post on her short sales perspective. I love Bobbie’s passion for helping folks suffering with mortgage distress. This gal is willing to go to battle with the big boys to get the job done! With the economy doing what it is doing, short sales [...]

Hardship letter critical for mortgage relief

If you are struggling with an overwhelming mortgage payment and you apply for assistance, it’s without question you will be required to provide a hardship letter. There is a lot of misinformation out there about HARP (refinancing), HAMP (loan modification) and HAFA (short sale) all government programs created to provide mortgage relief. The Making Home Affordable © [...]

Investors Modified 8 Loans! Recovering

Investors Modified 8 Loans! Recovering

The Johnston's were approved with 8 loan modifications. They survived threats of foreclosure, saved their personal residence and are slowly rallying back to financial well being. The road was long, the stre…

Renting a Home After Short Sale or Foreclosure

Renting a Home After Short Sale or Foreclosure

Karen Gunn-Bardot, managing broker for Showcase Property Management advises Agi Amderon, ePro Advisor how to rent a home after a short sale or foreclosure.
From:
A1AFinancialRecovery
Views:
17

0
r…

Lenders Error in Processing Loan Modification

Loan modifications are a tedious process with possibility for error at every turn and the truth is lenders lake mistakes modifying loans. Homeowners and investors are advised to interview trustworthy loan modification companies and utilize the skills of a reputable third party representative and here’s why. One of our clients received an approval for modification, [...]

Helping Homeowners and Investors with Mortgage Relief

Helping Homeowners and Investors with Mortgage Relief with loan modifications, short sales and other alternatives to prevent foreclosure. Request the complimentary Mortgage Relief Guide here.