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 PNC, Ocwen, Regions Bank, Shellpoint, and Wells Fargo:
PNC Bank client was 6 months and $14,015 past due on mortgage, but now has a 3 month in-house trial loan modification plan with $132.69 cheaper payment!
Trial loan modification plan approved with $94,961.48 in principal forgiveness, $815.25 cheaper payment, and lower interest rate for our Ocwen client!
8 months and $13,040.58 past due with Ocwen, our client in New Jersey now has an 11 month repayment plan so she can keep her home!
10 months and $8,540.10 past due on their mortgage with Regions Bank, our client has been approved for a permanent loan modification!
Our client was 69 months and $133,654 past due on their Shellpoint mortgage, but now they have a fresh start with a 3 month in-house trial loan modification!
5 years and $80,181+ past due with @WellsFargo and a sale date set, our client now has afresh start with a final loan modification with $37,695.45 interest waived and $35,106.58 of the principal has been deferred at 0% interest!