Foreclosure and Loan Modification Blog

Loan Modification Success: Ocwen Mod Makes These Homeowners Smile

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 5,000 homeowners, here is one of their stories.

If bad lending and greed made the foundation the foreclosure crisis was built upon, then its two pillars were long-term unemployment and footdragging by the banks. This homeowner and his wife had experienced all of these aspects of the foreclosure crisis, but with our help, they were able to right their lives again and get back on track to a bright financial future.

[fa icon="clock-o"] Sunday, December 22, 2013 [fa icon="user"] Jake Sterling [fa icon="folder-open'] loan modification denied, successful loan modifications

If your loan modification has been denied, be assured: you're not the first person to experience denial, and you certainly won't be the last. Loan modifications may be one of the hardest things to get approved without an experienced attorney's assistance. After denial, your next step depends on the reason why you were denied and where your home is in the foreclosure process.

[fa icon="clock-o"] Wednesday, December 4, 2013 [fa icon="user"] Jake Sterling [fa icon="folder-open'] loan modification denied, bank of america loan modification problems, hamp loan modification

For any homeowner, the prospect of losing their home because they can’t make the mortgage payments can be a frightening experience. Since the Great Recession began, many borrowers have experienced problems making ends meet because of losing a job, divorce, medical issues and other situations.

In addition, during the real estate boom, it was common for borrowers to get duped into take on risky adjustable-rate mortgages (ARMs) to get into homes they could not otherwise afford. ARMs have low “teaser rates” for at least the first year. This feature helps borrowers qualify bigger mortgages.

After the introductory rate expires, the lender can adjust the interest rate on the loan at predetermined intervals, which can send monthly payments skyrocketing.

[fa icon="clock-o"] Monday, September 30, 2013 [fa icon="user"] Jake Sterling [fa icon="folder-open'] loan modification denied, loan modification help

Many homeowners are investigating mortgage loan modification programs as an alternative to foreclosure and a way to stay in their homes. The Home Affordable Modification Program (HAMP) promoted by the U.S. Government aims to streamline the process but many homeowners are still unsure about where to start the loan modification process and how to give their modification application the best chance of approval. As a homeowner, preparation and knowledge will allow you to help your lender review your case thereby increasing your chances of success.

[fa icon="clock-o"] Monday, September 23, 2013 [fa icon="user"] Jake Sterling [fa icon="folder-open'] loan modification denied, loan modification, loan modification help

Loan Modification Success: Ocwen Mod Makes These Homeowners Smile

What Can I Do If My Loan Modification Is Denied?

Can a Mortgage Lender Withdraw a Loan Modification Package?

Do-it-Yourself Loan Modification Not so Easy

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