Foreclosure and Loan Modification Blog

Successful Loan Modification Roundup Week of 7/22

Written by Maxwell Swinney | Friday, July 22, 2016

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 or Facebook. Here are some of the results from this week, which includes results from Ocwen, Bank of America and others:

Carrington

Our client was in foreclosure, 11 months and $18K past due with Carrington, but we got them a trial modification with a $208 cheaper payment and a fresh start!

Nationstar

Yes! Our Nationstar client was five years and $104K behind on her mortgage, now has a final loan modification with $724 monthly savings, lower interest rate, deferred principal, and reduced principal.

Bank of America

19 months $23K behind on mortgage to Bank of America, we got our client a loan modification with a lower interest rate.

Cenlar

Bravo! 16 months and $66,363 behind with Cenlar, our New York client got a fresh start with a final loan modification.

HFC

23 months and $41K past due to HFC, our client is as happy as the day is long that we got them a loan modification with massive monthly savings!

BSI

Holy smoke! Our client was 61 months and $96K past due to BSI with a $205K balloon payment, but we got them a loan modification with no balloon payment.

Ocwen

Our client in New Jersey was 2 years behind on mortgage payments to Ocwen, but we got them a HAMP trial modification that gets them back on track!

SLS

7 months past due to SLS, we got our client a final HAMP II loan modification with a lower interest rate, $51K deferred balance, and $782 lower payment!