Latest Mortgage modification Stories
CARLSBAD, Calif., July 13, 2011 /PRNewswire/ -- New loan modification programs have helped hundreds of thousands of people drop principal, reduce payments, or receive zero interest loans for the last several years, but many homeowners still haven't taken advantage of the programs available.
CENTURY CITY, Calif., July 6, 2011 /PRNewswire/ -- Michael McDevitt, America's leading real estate finance and mortgage loan audit expert, was recently featured in Bloomberg's Business Week showcasing the advantages consumers have in loss mitigation transactions using mortgage compliance analysis reports, forensic loan audits, mortgage securitization audits, and REST Reports.
LAS VEGAS, June 27, 2011 /PRNewswire/ -- In an effort to provide value and convenience to homeowners going through the Loan Modification process and while adding to its list of industry firsts, Falcon Credit Management has developed the first HAMP, MHA, iPhone, iPad, iPod Loan Modification Application accepted into the iTunes store.
DALLAS, June 20, 2011 /PRNewswire/ -- Mortgage servicing litigation increased 88 percent during the first quarter, according to the latest Mortgage Litigation Index from MortgageDaily.com.
Regency Financial Group provides assistance to homeowners struggling with their mortgages and helps them though the modification application process with their lenders. Regency provides assistance with the HAMP program.
WARREN, Mich., May 19, 2011 /PRNewswire/ -- At the beginning of the current real estate crisis, Adjustable Rate Mortgages (ARMs) were a big problem. With interest rates so low recently, they have fallen off the radar screen.
According to Kevin M. Levine, Executive Vice President of Strategic Asset Solutions/Peak Asset Solutions of Woodland Hills, California, "An objective and thorough property valuation analysis is the key to a successful negotiation with commercial real estate mortgage lenders.
CARLSBAD, Calif., March 1, 2011 /PRNewswire/ -- Consumer advocate software ModPilot(TM) (http://www.ModPilot.com) enables homeowners with an effective weapon in the fight to get mortgages modified.
"Many borrowers seeking to obtain modifications of their commercial real estate loans are not good candidates for such loan modifications," stated Kevin Levine, Executive Vice President of Strategic Asset Solutions (SAS) of Woodland Hills, California.
One factor, little-known by borrowers, can play a large role in whether banks are willing to renegotiate mortgages with homeowners who are struggling to meet payments.
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