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Foreclosure Defense and Loan Modification Blog

Successful Loan Modification Roundup Week of 12/29/17

Posted by Maxwell Swinney

Friday, December 29, 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.

Our Ditech clients were 53 months and $80,522.01 past due on their mortgage with foreclosure started on their home, now they have a final in-house loan modification with 3.75% lower interest rate and $329.04 lower monthly payment! 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 Selene and Ditech:

Ditech

Our Ditech clients were 53 months and $80,522.01 past due on their mortgage with foreclosure started on their home, now they have a permanent in-house loan modification with 3.75% lower interest rate (from 7.75% to 4.0%) and $329.04 lower monthly payment! 

Selene

Our Selene clients were more than 4 years past due, and there's currently a foreclosure sale scheduled for mid-January. As this wasn't the first time they'd fallen behind, their investor has offered an unusual 12-month "trial" modification with a $246,111 deferment. If they make all 12 payments, the modification will become permanent.


 

 

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Topics: loan modification, loan modification success, ditech loan modification, selene loan modification

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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.

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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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