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 Seterus, Carrington, SLS, Penny Mac:
Our Seterus clients were an unbelievable 91 months and $265,701 past due on their mortgage. We helped them get a final in-house loan modification with 3% lower interest rate, $471.53 lower monthly mortgage payment, and $149,666.01 interest-free deferment!
Our Carrington clients were $50,654.84 past due on their mortgage and in foreclosure, but we helped them get a three month trial loan modification with the opportunity for a permanent modification!
Our Carrington client had two previous loan modifications, but needed a third to avoid foreclosure after falling $27,741.85 behind on his mortgage. We helped him get a three month FHA trial payment plan!
Our SLS client was 21 months and $24,646 past due on his mortgage, but we helped him get a three-month in-house trial loan modification plan that gives him a fresh start!
Our Penny Mac client was $6,880.75 past due on his mortgage, but we helped him get a three month FHA trial payment plan with $95 lower monthly mortgage payment!