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Foreclosure Defense and Loan Modification Blog

Maxwell Swinney

Recent Posts

What Is Final Judgment of Foreclosure, and How Can You Avoid It?

Posted by Maxwell Swinney

Saturday, September 2, 2017

A final judgment of foreclosure is an order in certain states that a plaintiff/bank gets from the court, which allows them to sell a defendant's home for failure to pay the mortgage.

Final judgment of foreclosure is one of the last dominoes to fall before the foreclosure sale, and a big loss for a homeowner who wants to keep their home.

Final judgment can be in rem (against the house), in personam (against the homeowner), or both. If the lender believes there is a deficiency on the in rem judgment because the home won't sell for enough to cover all the money they're owed, they can seek an in personam judgment against the homeowner.

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Topics: foreclosure, final judgment

Successful Loan Modification Roundup Week of 9/1/17

Posted by Maxwell Swinney

Friday, September 1, 2017

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are a few of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with PNC:

PNC

Our PNC client was 21 months past due on mortgage payments back in May when we obtained a Trial Loan Modification for them. There was an active foreclosure case.

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Topics: loan modification, loan modification success, PNC loan modification success

The Kids Are Back to School and It's Time to Do Your Foreclosure Homework

Posted by Maxwell Swinney

Saturday, August 26, 2017

It's back to school time. Kids are getting on the bus, going to class, and doing homework after school, and hopefully you'll find some time to handle your own homework. 

If you've missed mortgage payments, there's no better time than now to try to repair your finances.

If you do your homework, you could ace foreclosure avoidance and keep your home. So sharpen your number two pencils, grab a fidget spinner if you must, and let's do some foreclosure avoidance homework.

Homework Assignment #1: Discover Your Options

In school and in the real world, success depends on good information. So your first homework assignment is to educate yourself on the options available to you

When you stop paying your mortgage, you have to find a solution to or else you will eventually lose your home to foreclosure. There are a number of loss mitigation options that could help you avoid that, including:

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Topics: loan modification, foreclosure

Successful Loan Modification Roundup Week of 8/25/17

Posted by Maxwell Swinney

Friday, August 25, 2017

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are a few of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with SPS &Wells Fargo:

SPS

Our SPS clients were $135,522.66 past due on mortgage. Now they have a three month trial loan modification with enormous savings of $570.88 on their monthly payment.

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Topics: wells fargo loan modification, loan modification, loan modification success, sps loan modification

Successful Loan Modification Roundup Week of 8/18/17

Posted by Maxwell Swinney

Friday, August 18, 2017

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are a few of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with Bank of America, Homebridge Financial Services, and Ocwen, Rushmore, PHH, and Shellpoint:

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Topics: bank of america loan modification, loan modification, ocwen loan modification, loan modification success, shellpoint loan modification, phh loan modification, Rushmore loan modification, Homebridge Financial Services loan modification

4 Ways to Avoid a Repeat Foreclosure After a Loan Modification

Posted by Maxwell Swinney

Wednesday, August 16, 2017

Getting out of foreclosure is only half the battle. The other half is staying out.

After months or years of not making house payments and trying to avoid foreclosure, some homeowners have been able to reinstate their mortgage with a permanent loan modification that gives them the opportunity to keep their home and avoid foreclosure for good.

Unfortunately, some of these homeowners have stopped making mortgage payments again and ended up back in foreclosure.

That's called a repeat foreclosure, and it's been a big problem since the housing crisis began. ATTOM Data Solutions recently reported data on repeat foreclosures. The results show very high rates in some parts of the country.

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Topics: foreclosure defense, loan modification help, personal finance

Ditech Gave This Final Loan Modification Only After a CFPB Complaint Was Filed

Posted by Maxwell Swinney

Saturday, August 12, 2017

Getting your bank's approval for a trial loan modification is often difficult, but once you get it and make the payments, your permanent loan mod is basically a slam dunk, right?

Wrong.

In some cases it doesn't happen so easily.

A recent client of our firm, who I'll call Mr. Smith to protect his privacy, is a good example of that. Mr. Smith made his trial modification payments on time and in full, and wasn't offered a final loan modification like he was promised. Let's look at his story and what lessons can be learned from it.

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Topics: loan modification, trial modification, ditech loan modification, cfpb complaint

Successful Loan Modification Roundup Week of 8/11/17

Posted by Maxwell Swinney

Friday, August 11, 2017

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are a few of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with Nationstar Carrington, Chase, and Penny Mac:

Nationstar

Our Nationstar client was past due by 14 payments and $11,186.79, nut now has a three-month trial loan modification with a stunning 45% lower monthly mortgage payment!

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Topics: loan modification, loan modification success, carrington loan modification, chase loan modifications

Successful Loan Modification Roundup Week of 8/4/17

Posted by Maxwell Swinney

Friday, August 4, 2017

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are a few of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with Chase, Ocwen, SPS, Citi:

SPS

Our SPS client was $9,015 past due on mortgage, but now has a final loan modification with $625.61 lower monthly payment and 3.2% lower interest rate!

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Topics: loan modification, ocwen loan modification, loan modification success, sps loan modification, citi loan modification, sls loan modification, chase loan modifications

Successful Loan Modification Roundup Week of 7/28/17

Posted by Maxwell Swinney

Friday, July 28, 2017

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are a few of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with Seterus, SLS, Nationstar, Caliber, and Carrington:

Caliber

Monthly mortgage payment reduced by 55% and 1.125% lower interest rate with a final loan modification for our Caliber client who was $45,779.44 past due on mortgage.

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Topics: loan modification, loan modification success, carrington loan modification, caliber loan modification, seterus loan modification, nationstar loan modification, sls loan modification

About this Blog

Amerihope Alliance Legal Services is a leading loan modification and foreclosure defense law firm with attorneys licensed in 5 states. We have helped over 7,000 homeowners fight back and keep their homes.

Click to Read Our Super Loan Mod Success Stories

Our goal is to provide valuable information to help homeowners who are trying to obtain a loan modification or to stop foreclosure. You may schedule a free consultation at any time.

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