Foreclosure and Loan Modification Blog

Successful Loan Modification Roundup Week of 12/2

Written by Maxwell Swinney | Friday, December 2, 2016

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 SLS, Nationstar, Carrington, Caliber, Ocwen, and SPS:

Caliber

19 months and $60,778 past due on mortgage payments to Caliber, our client now has a final loan modification with $91.24 cheaper monthly payment.

2 years and $79,881 past due on mortgage payments to Caliber, our client now has a three month in-house trial loan modification plan with massive $689 monthly savings!

SLS

SLS client was 17 months and $11,466.28 past due on mortgage payments, now she has a permanent loan modification with $127 cheaper payment and 3% fixed interest rate for 40 years! 

Past due by $29,318 and 23 payments and in active foreclosure, our SLS client now has a HAMP tier II trial payment plan with $643 monthly savings!

Nationstar

Our Nationstar client has a three month trial loan modification plan with $177 cheaper monthly payment after falling behind by $29,994.

Carrington

Our Carrington client was $43,390 past due on her mortgage, but now has a three month trial loan modification with $276 cheaper payment!

Ocwen

A Streamline HAMP trial modification plan approved with $714 cheaper payment for our Ocwen client who was $10,083 past due.

SPS

Our SPS client has a three month in-house trial plan with $51.63 monthly savings after falling 10 months and $9,970 past due!