Foreclosure and Loan Modification Blog

Successful Loan Modification Roundup Week of 7/14/17

Written by Maxwell Swinney | Friday, July 14, 2017

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 few 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 Nationstar, Seterus, Ocwen, PNC, Ditech, PHH, Caliber, and SPS: 

Nationstar 

Our Nationstar client was 14 months and over $36,978 past due on mortgage, but now has a 3 month Flex Modification trial plan with $359.66 lower monthly payment!

Seterus

Our Seterus client has been granted a 3 month trial loan modification plan with $169.64 lower monthly payment after falling 26 months and more than $23,000 behind on their mortgage!

Ocwen

Our Ocwen client was 19 months and $36,894 past due, but now has a streamline 3 month trial loan modification with $108.78 monthly savings.

PNC

Our PNC client was $14,015 and 6 months past due, but now has a final in-house loan modification with low fixed interest rate and $133.52 monthly savings!

PHH

Our PHH client was 19 months and $24,623 past due on mortgage with a sale date set, now has a 3 month trial loan modification with cheaper payment and a fresh start!

Ditech 

Our Ditech client is as happy as a clam at high tide to have a final loan modification with $100.80 cheaper monthly payment and ultra-low low 2% fixed interest rate!

Yes! Our Ditech client was $23,670.59 past due on mortgage, but now has a trial loan modification with $80.79 lower monthly payment and opportunity for permanent mod.

Caliber

Yes! Nearly six years and $300k past due on mortgage, our Caliber client now has a final in-house loan modification with cheaper payment, $309,657.26 forgiven, and fresh start.

SPS 

Hot dog! Our SPS client was $9,015.96 past due on mortgage, but now has a permanent loan modification with massive 20% drop in monthly payment and 3.2% lower interest rate.