Successful Loan Modification Roundup Week of 2/2/18

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 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, Penny Mac, SPS, Wells Fargo, and Carrington:

Carrington

Yes! Our Carrington client was $12,525 past due on his mortgage with a $1,201.72 monthly payment and 6.25% interest rate, now he has a final loan modification with $910.31 payment and 4.125% interest rate for monthly savings of $291.41.

Ocwen

Our Ocwen client was $32,138 past due on her mortgage payments and had been served a foreclosure summons and complaint, now she has avoided foreclosure by getting a permanent loan modification! 

Penny Mac

Our Penny Mac client was 20 months and $16,424 past due on his mortgage payments, but we got him a 3-month FHA-HAMP trial loan modification with lower interest rate.

SPS

Our SPS client was 8 months past due on his mortgage, but we helped him get a 6-month repayment plan that gets him back on track and keeps him out of foreclosure!

Wells Fargo

Our Wells Fargo client was $8,220 past due on her mortgage, but we helped her get a trial loan modification with payment reduced from $1,260.09 to $1,051.45 for monthly savings of $208.64!