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 Ditech and Selene:
More than 8 years and $162,084 past due on mortgage payments to Ditech, our client now has a final FNMA Flex modification with 45% lower interest rate, $64,896 deferred with no interest, and $98.79 cheaper monthly payment!
Our Selene client was $57,996.14 past due on mortgage, but now has a HAMP trial loan modification with low interest rate.