Currently Browsing:Loan Modification

Mortgage Servicing Industry Seeks To Standardize The Loan Modification Process Written by Patrick Barnard on February 18, 2017 No Comments Categories : Featured, Mortgage Servicing Can Quicken Loans do for mortgage modifications what it did on the front end for originations via Rocket Mortgage? During a lively panel session presented during the Mortgage Bankers Association’s

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New rules to ensure mortgage lenders, servicers treat borrowers fairly POSTED: September 12, 2016 It came as quite a shock to many distressed homeowners that the U.S. Treasury’s Home Affordable Modification Program and Home Affordable Refinance Program would end Dec. 31. You still have until then to get out from the “under” that the bursting

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  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

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Ringleader of massive, brazen mortgage modification fraud scheme pleads guilty Joins co-conspirators in admitting guilt March 23, 2016 Ben Lane 3 Comments KEYWORDS LOAN MOD SCAMS LOAN MODIFICATION MORTGAGE FRAUD MORTGAGE FRAUD INVESTIGATIONMORTGAGE MODIFICATION The supposed ringleader of a massive mortgage modification fraud scheme pleaded guilty earlier this week to charges that he and others

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Wells Fargo to Pay 1.2 Billion Posted on March 3, 2016 by Richard Siccone Settling claims that stem from an intense period of mortgage fraud, Wells Fargo has agreed to pay 1.2 Billion dollars in the wake of a major US Lawsuit. The Lawsuit, filed in Federal court details misconduct riddled throughout the counties largest

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Mortgage modification fraudsters admit guilt in brazen, predatory scheme California men accused of preying on struggling homeowners February 19, 2016 KEYWORDS  LOAN MOD SCAMS LOAN MODIFICATION MORTGAGE FRAUD MORTGAGE FRAUD INVESTIGATIONMORTGAGE MODIFICATION U.S. ATTORNEY’S OFFICE A pair of California residents pleaded guilty in Connecticut federal court this week to charges that they conspired to defraud

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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

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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

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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

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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

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