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Foreclosure Defense, chapter 13 Bankruptcy, Loan Modifications.

Ocwen partners with NAACP to help struggling homeowners

  Planning four community outreach events in 2016 April 5, 2016 Ben Lane KEYWORDS BORROWER ASSISTANCE NAACP OCWEN OCWEN FINANCIAL OCWEN FINANCIAL CORP. OCWEN LOAN SERVICING Ocwen Financial is partnering with the NAACP to host a series of community outreach events designed to reach struggling borrowers and help them stay in their homes. According to […]

Forensic loan audits no help in foreclosure

Forensic loan audits no help in foreclosure Posted on 30, Nov -0001 At 12:00 AM  Forensic loan audits no help in foreclosure Forensic loan audits no help in foreclosure Your home is facing foreclosure. You receive a “forensic loan audit” solicitation. The company asks you for upfront fees to conduct a forensic review of your […]

You Can Avoid Foreclosure

You Can Avoid Foreclosure It’s an ugly beast nobody wants to deal with but even if you start off with the best intentions and lots of money on the side, foreclosure can still become a reality in your life. The HARP program and other refinancing methods can all help a homeowner, that’s you, stay in […]

Tips for getting a mortgage loan modification

Tips for getting a mortgage loan modification Getting a mortgage loan modification might seem like a quest only a mythic hero could achieve. After all, the ranks of those who’ve lost homes in foreclosure dwarf the number of homeowners who’ve received mortgage help. Meet Lisa Langlois, mythic hero. Langlois, a single mom, actress and homeowner […]

Loan Modification Frequently Asked Questions

Loan Modification Frequently Asked Questions A Loan Modification is a permanent change in one or more of the terms of a Borrower’s loan, allows the loan to be reinstated, and results in a payment the Borrower can afford. Question 1: How many Loan Modifications may a Borrower receive? Answer:  Borrowers are permitted to receive a Loan […]

Missing payments? Here’s how to avoid foreclosure

Most people who sign a mortgage don’t intend to walk away from it. Still, unforeseen circumstances — huge medical bills, lost jobs, divorce or eroding property values — can overwhelm even the best-intentioned borrower. A simple twist of fate can leave you facing a homeowner’s worst nightmare: foreclosure. Communicate with your lender Lenders want your […]

Nationstar averages 22% approval rate for Loan modifications, many other lenders not much better

During the month of May, which is the most recent data available from the Treasury Department, Nationstar Mortgage’s servicing operations approved 601 loan modification requests… and denied 4,216.  That’s a 12.5 percent approval rate for the month of May.  Cumulatively, based on program-to-date data through the month of May, Nationstar only approved 22 percent of […]

Attorney David Galler Touts the Merits of Loan Modification in Combatting Foreclosure

Attorney David Galler Touts the Merits of Loan Modification in Combatting Foreclosure Atlanta, GA (November 2015) – In light of an October 15, 2015, CNBC article reporting that home repossessions spiked at 66% as the foreclosure crisis lingers, David Galler, of Galler Law, LLC, discusses the need for legislated loan reform. “The country in the […]

Chapter 13 – Bankruptcy Basics

This chapter of the Bankruptcy Code provides for adjustment of debts of an individual with regular income. Chapter 13 allows a debtor to keep property and pay debts over time, usually three to five years. Background A chapter 13 bankruptcy is also called a wage earner’s plan. It enables individuals with regular income to develop a plan […]