Foreclosure and Loan Modification Blog

Successful Loan Modification Roundup Week of 7/20/18

Written by Maxwell Swinney | Friday, July 20, 2018

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are 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 SLS, Ocwen, Mr. Cooper, and Carrington:

SLS

Our SLS clients were 5 months and $10,309.20 past due on their mortgage payments, but we helped them get a final loan modification with $610.70 cheaper monthly payment and $48,838.95 non-interest bearing deferment!

Ocwen

Our Ocwen clients fell 16 months and $33,071.76 past due on their mortgage, but we helped them get a three month trial loan modification plan that gives them the opportunity for a permanent mod!

Mr. Cooper

Our Mr. Cooper client was five months and $4,623 past due on his mortgage payments, but we helped him get a final Flex Modification with massive monthly savings of $202.98, a 27% reduction in his mortgage payment!

 

 

 

 

Carrington

Our Carrington client was more than 8 years behind (98 months) on his mortgage, but we got him a final loan modification with incredible $1,054.96 cheaper monthly payment (a 42% drop) and INSANE $316,385.68 principal reduction and forgiveness of debt!