Foreclosure and Loan Modification Blog

Successful Loan Modification Roundup Week of 8/4/17

Written by Maxwell Swinney | Friday, August 4, 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 Chase, Ocwen, SPS, Citi:

SPS

Our SPS client was $9,015 past due on mortgage, but now has a final loan modification with $625.61 lower monthly payment and 3.2% lower interest rate!

Chase

Our Chase client was 9 months and $6,283.16 past due on mortgage, now has a fresh start with a 3 month FHA trial loan modification plan. 

Ocwen

Our Ocwen client was an astounding 87 months and $168,320 past due, but now has a great trial loan modification with $152.77 cheaper payment!

Citi

Our Citi client was 76 months and $125,694+ past due on mortgage, but now has a final FHA partial claim loan modification with a fresh start!

SLS

Our SLS client was $24,181.03 past due on mortgage and in active foreclosure, but now has a trial loan modification with monthly savings of $238. After three (3) payments, we expect a permanent loan modification to be delivered.