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Foreclosure and Loan Modification Blog

Successful Loan Modification Roundup Week of 2/18/19

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

Successful Loan Modification Roundup Week of 2/11/19

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some 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 Freedom Mortgage, Flagstar Mortgage, Shellpoint Mortgage, and SPS: 

Freedom Mortgage 

After falling $43,594.86 and 28 months past due on her mortgage, we helped our Freedom Mortgage client get a three month Ginnie Mae trial loan modification plan with a fresh start!

When Should You File Bankruptcy To Avoid Foreclosure?

Bankruptcy could help you delay foreclosure or avoid it entirely. So, if you're facing foreclosure, does that mean that you need to file bankruptcy? And if so, when?

There are ways to deal with your mortgage default that don't involve bankruptcy, some of which may be better. Whether or not bankruptcy is right for you depends on what other options are available to you and how close you are to losing your home.

If you've just defaulted, you probably have time to work toward a solution that doesn't involve bankruptcy. But if you've been served with foreclosure papers (in a judicial foreclosure state), have a sale date in the near future, and no other options, then bankruptcy could be right for you.

Successful Loan Modification Roundup Week of 2/4/19

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some 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 Loan Care and Ocwen:

Loan Care

After falling 12 months and $11,047 past due on his mortgage payments, we helped our Loan Care client get a fresh start with a final FHA loan modification and new 30-year term! 

Successful Loan Modification Roundup Week of 1/28/19

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some 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 Ocwen, Cenlar, Chase, and US Bank:

Ocwen

Yes! Our Ocwen clients were $7,024.07 past due on their mortgage, but we helped them get a permanent loan modification with $160.79 cheaper monthly payment and incredible $28,553.86 in principal forgiven!

3 Things Tony Soprano Can Teach You About Getting A Loan Modification

Fans of the crime drama television series The Sopranos recently celebrated the 20th anniversary of the show's debut, which is considered by many to be the best TV show of all time.

The lead character of the show, Tony Soprano (played by James Gandolfini), is not exactly someone you'd want to model your life after, unless you like constantly trying to avoid being murdered or going to prison.

But there are some positive things you can learn from this fictional mob boss that could help you get a loan modification and avoid foreclosure, such as:

Successful Loan Modification Roundup Week of 1/21/19

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some 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 and Fay Servicing: 

Chase

Our Chase client was 31 months and $36,362.24 + fees past due on his mortgage, but we helped him get a 3 month FHA-HAMP trial loan modification plan with a fresh start!

Successful Loan Modification Roundup Week of 1/18/19

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some 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 Wells Fargo, Ocwen, Mr. Cooper, and Sunwest: 

Wells Fargo

Our Wells Fargo clients were 7 months and $18,095 past due on their mortgage, but we helped them get a final in-house loan modification with $161.10 monthly savings and $53,919.62 deferment!

Stop Getting So Much Email So You Can Communicate With Your Lawyer

If you're like most people, you probably get more junk email than you know what to do with.

That's a big problem when it becomes hard to sort through all the messages you don't care about to find the really important emails, like those from your lawyer.

When you hire a lawyer, it's because you need help with an issue that you can't handle on your own. When your attorney sends you an email, it's not just to say hi. It's because they either need to tell you about a development in your case or ask you for something they can't get without you.

How Do You Get A Loan Modification When You're Self-Employed?

Self-employed people earn a higher income on average than people who receive a regular paycheck, but they can have a harder time getting approved for a mortgage. They can also find it more difficult to get approved for a loan modification if they fall behind on their mortgage.

Some lawyers might tell you that you can't get a loan modification if you're self-employed. That's just not true. You can. However, it will most likely add more work to a process that already takes a lot of work.

The reason getting and modifying a mortgage is more difficult for self-employed people is that their income varies more than salaried and hourly workers and they don't have the pay stubs or W-2s that make it easy for banks to verify earnings.

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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