Foreclosure and Loan Modification Blog

Successful Loan Modification Roundup Week of 8/19

Written by Maxwell Swinney | Friday, August 19, 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 our results from this week, which include results from Bank of America, Seterus, Ocwen, and others: 

ASC

Yes! Our client was $43k and 3 years past due on mortgage payments to ASC, now approved for final loan modification with $147 lower payment!

Bank of America

Yippee! Trial loan modification approved for our Bank of America client with $149 lower monthly payment after being 17 payments behind.

Seterus

After not making mortgage payments to Seterus for more than four years our client was approved for a trial loan modification with $202 in monthly savings!

Citi

30 months behind on her mortgage payments to Citi, now our client is approved for a trial loan modification with a lower payment!

Wells Fargo

10 months and $19k behind on mortgage payments to Wells Fargo, client is tickled to have a final loan modification with a lower payment and interest rate!

PNC

Three foreclosure sale dates postponed for client with PNC, now they have a trial loan modification with a lower mortgage payment!

Ocwen

Our client was 35 months behind on her payments to Ocwen, but is now approved for a trial loan modification so she can keep her home!

Success! $23k behind on mortgage payments to Ocwen, we got our client a trial loan modification with $617 in monthly savings, $138k deferred, and the chance for principal reductions if they don't miss payments.

RoundPoint

Foreclosure? Forget it! Our RoundPoint client was $22k past due, but we got them a trial modification with a $97 cheaper monthly payment!

SLS

After 9 years of missed payments to SLS ($258,779 behind) our client got a HAMP modification with a $351 cheaper payment!