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, Chase, Selene, and Carrington:
After not paying mortgage for five years, our Nationstar client has a fresh start with a final in-house loan modification with $30,653 principal forgiveness, 40 year term, and 1.25% lower interest rate!
Our Chase client has a permanent in-house loan modification on their second mortgage with a 40% reduction in monthly payment!
14 months and $11,714.03 past due on mortgage payments to Selene, our client has a fresh start with an in-house trial loan modification. Yes!
Our Carrington Mortgage client was $120,798 and 6 years past due on mortgage payments, now has permanent loan modification with $251.50 cheaper payment and 2.375% lower interest rate!