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 Ocwen, Loan Care, M&T Bank, Penny Mac, and SLS:
Yes! 50 months and $40,562 past due on her mortgage, we helped our Ocwen client get a final streamline loan modification with $118.02 monthly savings and $34,975.66 principal forgiven!
We do this all the time: Our Ocwen clients were $9,518.98 past due on their mortgage, but we helped them get a three month FHA trial loan modification plan with $103.98 cheaper monthly payment!
Our Loan Care client was $16,389 past due on his mortgage, but we helped him get a 4 month Flex Modification trial plan with $112.32 monthly savings!
Our M&T Bank client was past due on his mortgage by an incredible $131,385.73 with $43,284.73 in negative escrows, but we helped him get a three month trial loan modification plan!
Our Penny Mac clients were 9 months and $7,426.38 past due on their mortgage, but we helped them get a 3 month FHA-HAMP trial loan modification with Partial Claim and $30.90 cheaper monthly payment!
Our SLS client were 79 months (6.5 years) and $279,678.91 past due on their mortgage and in foreclosure. We helped them get a final in-house loan modification with amazing $474.04 cheaper monthly payment and $199,750 interest free deferment!