Foreclosure and Loan Modification Blog

Successful Loan Modification Roundup Week of 7/28

Written by Maxwell Swinney | Friday, July 29, 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 (#loanmodwow) or Facebook. Here are some of the results from this week, which includes results from Caliber, SPS, and others: 

21st Mortgage

Our client was in foreclosure and 14 months past due to 21st Mortgage. We got them a fresh start with a final loan modification and a low fixed interest rate!

Pennsylvania Housing Finance Agency

Trial loan modification Ok'd for client 18 months and $18K behind with PHFA. With a lower monthly payment, this is one happy borrower.

Caliber

Heck yes! Client was 19 months and $60K behind with Caliber, but we got them a trial loan mod with $86 in monthly savings.

Ocwen

Success! We got our client, who was 9 payments behind with Ocwen, a trial loan modification that gets her mortgage back on track.

Oh happy day! We got our Ocwen client a HAMP modification with $715 in monthly savings and a 4% interest rate reduction!

Oh yeah! A year behind on payments to Ocwen, we got our client a final loan modification with $288 in monthly savings and a lower interest rate!

ASC

14 payments behind with ASC, our client got a trial loan modification with $536 cheaper monthly payment. That's what you call a #loanmodwow!

SPS

Our client gets a fresh start with a final HAMP loan modification and $169 lower payment after being 8 months behind on mortgage payments to SPS!

BSI

$64K behind on payments to BSI, our client was approved for a HAMP II trial modification with $1,106 cheaper monthly payment and lower interest rate!