As a loan modification lawyer, many people ask me “how do I apply for a home loan modification?” Well, the short answer is, very carefully and deliberately! Loan modification is not a matter of simply putting in a request with the lender, it has become a long and drawn out […]
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How Do I Apply for a Home Loan Modification?
- November 8, 2010
- Posted by Mcfarlin Law, in Loan Modification
Hardship Letter Sample Loan Modification Example
- November 4, 2010
- Posted by Mcfarlin Law, in Foreclosure Issues
As a loan modification attorney, clients often ask me for a loan modification hardship letter sample or example. In order to be considered for a loan modification, all borrowers must write a loan modification “hardship letter.” The purpose of a loan modification hardship letter is to explain the challenges which […]
Legislation to give Judges Power to Modify Mortgages Likely to Fail
- December 15, 2009
- Posted by Mcfarlin Law, in Bankruptcy
Controversial legislation that would give judges new power to rewrite home mortgages is on life support
Guidelines for new Home Affordable Foreclosure Alternatives Program (HAFA)
- December 10, 2009
- Posted by Mcfarlin Law, in Foreclosure Issues
HAFA provides incentives in connection with a short sale or a deed-in-lieu of foreclosure (DIL) used to avoid foreclosure