Category: Mandelman Matters

Second Mortgage Settlements: How to Settle a Second Mortgage

You may have been one of those to receive an “offer letter” to settle your second mortgage recently. These typically go out to homeowners when they are substantially behind on payments (over 6 months). Alternatively, you may just be curious to know if your second mortgage can be settled for a lump sum, as so […]

Home Loan Modification Education

There has been great demand for home loan modification education programs but as of yet, none have emerged as worthwhile to benefit homeowners. Lenders have also tried to push their own home loan modification education “events,” but generally these community events have not been helpful for many and can be a frustrating waste of time. […]