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 and Nationstar:
More than five years and $80k past due to Wells Fargo with a sale date set, our client now has a 3 month in-house trial loan modification with 1.25% lower interest rate and sale date on hold.
Our Nationstar client was $37,929 past due on her mortgage, now she has a three month FHA trial loan modification with $502 lower monthly payment. After 3 trial payment are made on time, we expect to obtain a permanent loan modification for her and seek dismissal of her active foreclosure case.