Category: Loan Modification

Wells Fargo Mortgage Modification | Loan Modification Wells Fargo | REST Report

As one of the largest mortgage lenders in the nation, Wells Fargo has ordered by the Federal government to offer homeowners Loan Modifications or Mortgage Modifications. Under the HAMP and MHA (Making Home Affordable), Wells Fargo has no choice but to make these programs available to homeowners, as well as “in house” Wells Fargo loan […]

Income Too Low for Loan Modification

The most common reason homeowners get turned down for a workout with their lender is: “income too low for loan modification.” It sounds backwards in that if the borrower’s income were higher, they wouldn’t be asking for assistance in the first place, but turn downs citing income too low for loan modification are unfortunately quite […]

Stop Foreclosure | Save Home

With foreclosures at all time highs throughout the county, many homeowners are asking how to stop foreclosure and save their home. There is so much questionable information circulating today about how to stop foreclosure and save homes, we thought it would be a good idea to put together a list of your most likely options […]

Will Loan Modification Stop Foreclosure

With so many homeowners behind on mortgage payments and struggling to save their homes, many people are asking, will loan modification stop foreclosure? The short answer is yes! Loan Modification will stop foreclosure…if the lender agrees to it. Loan Modification Will Stop Foreclosure Generally, a loan modification to stop foreclosure is a voluntary arrangement between […]

Secrets to Getting Home Loan Modification | Government Loan Modification Program

As a loan modification lawyer, many people ask me, what are the secrets to getting home loan modification or qualifying for a government loan modification program? To most people, a loan modification may seem like a mysterious process, but it can be fairly straightforward. “Secrets” or suggestions we would recommend include: good organizational skills, keep […]

Obama Loan Modification Program Guidelines and Criteria

There has been continuous discussion in the media and among homeowners about the available Obama loan modification programs guidelines and criteria available to struggling borrowers. The most common questions surround the qualifications and criteria for Obama loan modification programs. The Obama loan modification program is also commonly referred to as HAMP. Obama Loan Modification Program […]