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Foreclosure Defense and Loan Modification Blog

Successful Loan Modification Roundup Week Of 5/5/17

Posted by Maxwell Swinney

Friday, May 5, 2017

Our Bayview Loan Servicing client was $12,123.66 past due on mortgage, but now has a trial loan mod with $56.85 cheaper payment! 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 Bayview and a repayment plan with SPS:

Bayview Loan Modification

Our Bayview Loan Servicing client was $12,123.66 past due on their mortgage, but now has a trial loan mod with $56.85 cheaper payment! The first of  three payments is due June 1, and we anticipate a final loan modification to be in writing by September.

SPS Partial Repayment Plan

Our client was $22,614.15 past due on their mortgage with SPS, and rejected several loan modifcations over the past 4 years because they didn't like the offered payments. He has now accepted a 12 month partial repayment plan with a balloon that will be due when he sells his home. Due to increasing property values, he is more than satisfied with this option, and very happy to be keeping his home!

 

 

 

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Topics: loan modification, loan modification success, bayview loan modification, sps repayment plan

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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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