Foreclosure and Loan Modification Blog

Loan Modification Success: Major Ocwen Principal Reduction

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.

Many homeowners would feel completely discouraged if they had problems affording their mortgage payment and were denied a loan modification by their lenders. Some homeowners would even throw in the towel and give up. A select few other homeowners would decide to dust themselves off and find a way to do it better, and that's just what this homeowner did on her way to getting a great loan modification.

We began working with this homeowner in Spring 2012. She was a single mother who held a mortgage with Ocwen financial. She could not afford to pay her $1400 mortgage payment and hadn't paid it for about two years. This homeowner turned to us for a better chance at a loan modification after being denied for a loan modification for being insufficiently prepared.

Loan Modification Success: Incredible SPS Principal Reduction

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.

Aside from the infamous "subprime mortgages," one of the major contributors to the foreclosure crisis was banks giving out home loans at unfair terms. Many homeowners simply couldn't afford their homes once the economy slowed. One homeowner had experienced problems with getting on top of his loan for years; his entire situation changed when he spoke with us.

This homeowner hadn't paid on his mortgage since around the start of the mortgage crisis. In fact, he hadn't paid his mortgage for six years. In addition to being over $150,000 behind on paying his $2,000 monthly mortgage payment, our homeowner was paying an astronomically high 9.34% interest rate. Somehow, he had managed to stay out of foreclosure during that time, but he knew that wouldn't always be the case. That's when the homeowner retained (hired) us to help him modify his home loan in June 2013.

Loan Modification Success: Nationstar Principal and Payment Reduction

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.

What would you do if you were emerging from the shadows of bankruptcy, had already lost one of your cars to repossession, and your house was now in danger of being foreclosed? If you're like this couple, then you fight back.

Emerging From The Shadows

We met this married couple when they retained (hired) us in late 2011. They couldn't afford to pay their $2,600 mortgage payment and were several months behind.

Loan Modification Success: BOA - SPS Principal Reduction

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.

A single, mature homeowner was attempting to get her home loan modified and was having issues with Bank of America. She had been involved in an auto accident with an uninsured driver which had created financial difficulties, which eventually led to her not being able to pay her mortgage on time. Even though BOA had promised to help the homeowner, they strung her along for over a year, and the homeowner was now being threatened with foreclosure. This homeowner was paying a mortgage payment of over $2000 monthly with a high 9.375% interest rate, and was over $20,000 behind on her mortgage. Once she hired Amerihope Alliance Legal Services, her entire situation began to change.

Loan Modification Success: Wachovia / Wells Fargo FREE HOME

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.

This client hired our law firm when her investment property was facing foreclosure. Her daughter and grandchildren were currently living in this house. The client had fallen six months behind on her Wachovia/Wells Fargo mortgage, but at the conclusion of our services, Wachovia had forgiven her mortgage completely. Here's her story:

Loan Modification Success: Wells Fargo Payment Reduction

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.

A Florida homeowner was facing a very difficult living and family situation, and was having trouble paying his $1,753.08 monthly mortgage payment to Wells Fargo. By the time he retained our law firm in the summer of 2011, he was years behind on his mortgage and over $40,000 past due, although a foreclosure lawsuit had not been initiated on his home. Our firm negotiated a trial loan modification within a few months. However, upon completion of his trial modification, Wells Fargo denied the homeowner a permanent loan modification, then filed for foreclosure on his home.

Loan Modification Success: Ocwen Principal Reduction

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.

Happy ManA newly single Florida homeowner had endured a financial hardship for nearly half a decade, and by the time he was able to begin picking up the pieces, he was 5 years and over $156,000 behind on his mortgage payments to Ocwen Financial. This homeowner was locked into a monthly mortgage payment of $2,341.74 at an astronomically high 10.30% interest rate. He had already been offered a loan modification which he wasn't able to afford, and his home was about to be sold in foreclosure if he didn't do something quickly. However, this homeowner's situation changed completely in the months after he retained our firm this February 2013.

Loan Modification Success: Bank of America Principal Reduction

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.

principal reduction $102,715A Florida homeowner was having difficulty paying his monthly mortgage payment and was fearful of losing his home. His fear was well-founded, because he was nearly 1.5 years behind and over $52,000 past due on his monthly mortgage payments to Bank of America. This situation was further exasperated by the high cost of his monthly payment: nearly $3,400 monthly.

Loan Modification Success: Nationstar Payment Reduction

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

loan mod womanA mature, single Florida homeowner was having difficulties making her mortgage payment, because of limited income from social security. She was even renting out one of her bedrooms. It just wasn't enough to make ends meet. When she retained our law firm, she hadn't paid her mortgage in over 10 months, she owed her lenderNationstar Mortgageover $8,000 dollars, and her home was in the foreclosure process. No foreclosure sale date had been set yet.

I Won With A Loan Modification Attorney: David's Success Story

Healing Hands For Healing A Mortgage

David Hochstadt is a full-time licensed massage therapist with Healing Arts Massage. He is also a satisfied customer of Amerihope Alliance Legal services; so satisfied, in fact, that he offered complimentary massages to the entire staff of Amerihope Alliance Legal Services, and the staff graciously accepted David's offer, as you can see to the left.

About this Blog

Amerihope Alliance Legal Services is a leading loan modification and foreclosure defense law firm with attorneys licensed in 5 states. We have helped over 7,000 homeowners fight back and keep their homes.

Click to Read Our Super Loan Mod Success Stories

Our goal is to provide valuable information to help homeowners who are trying to obtain a loan modification or to stop foreclosure. You may schedule a free consultation at any time.

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