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Foreclosure and Loan Modification Blog

Successful Loan Modification Roundup Week Of 1/27/17

[fa icon="clock-o"] Friday, January 27, 2017 [fa icon="user"] Maxwell Swinney [fa icon="folder-open'] loan modification, successful loan modifications, sls loan modification, ocwen loan modification

18 months and $24,516 past due on mortgage with SLS, our client has a HAMP II loan modification with $508 cheaper monthly payment and an interest rate that dropped from 7% to 3%!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 SLS & Ocwen:

SLS

18 months and $24,516 past due on mortgage with SLS, our client has a HAMP II loan modification with $508 cheaper monthly payment and an interest rate that dropped from 7% to 3%!

(Read more: Life After HAMP Part II: In-House Modifications are Still a Great Option)

Ocwen

Our client was in foreclosure, 22 months and $35,417 past due on mortgage payments to Ocwen, but now has a 2 month in-house trial loan modification plan!

Two month trial plans may be more common now that HAMP has ended and lenders or servicers are crafting traditional loan modifications.

(Read more: 3 Common Ocwen Loan Modification Problems)

 

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Maxwell Swinney

Written by Maxwell Swinney

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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