admin | February 10, 2010

Thank you for revisiting you can still subscribe to my RSS feed. As Always Thank You for visiting!
V-Webcast - Web Conferencing Services
This post is written by Steven Parker. Steven Parker is a Financial writer and contributor since five years. He specializes in mortgage and real estate industry written many articles [...]
Category: mortgages, real estate |
8 Comments »
Tags: loan modification, real estate, steven parker
admin | December 29, 2009
In the next couple of days, I will share with you tips that will increase your chances of getting a successful loan modification.
If you are facing foreclosure, there is hope. Even if you received the foreclosure documents, there is hope. Yes,a pending foreclosure can be scary, but don’t go it alone and by all means [...]
Category: mortgages |
2 Comments »
Tags: facing foreclosure, forbearance, foreclosure, loan modification, repayment plan
admin | November 5, 2009

V-Webcast - Web Conferencing Services
Recently, Indy Mac announced that it will allow homeowners who are in default on their loans to streamline into loan modifications. If you have a loan with Indy Mac, you may be asking yourself what does that mean?
To qualify, the mortgage that is default must be your [...]
Category: mortgages |
15 Comments »
Tags: loan modification, real estate
admin | October 5, 2009
If you are facing foreclosure, you have options. First you must dismiss the common myths about loan modifications:
The common myths are:
One myth is the bank does not want me to keep my home. The bank does not earn any money if it forecloses on your home so if you are able to make the payments [...]
Category: mortgages |
145 Comments »
Tags: adjustable rate mortgages, facing foreclosure, loan modification, real estate
admin | August 22, 2009
Did you know that you can qualify for a loan modification if you have any of the below hardships:
• Divorce
• Death of spouse
• Behind on mortgage payment
• Adjustable rate mortgage
• Interest rate above 7%
• Imprisonment
• Loss of wages
• Medical condition
• Balloon mortgage payment
Under the loan program HR 5579 which offers assistance to more than seven to nine million homeowners, you can with the help [...]
Category: mortgages |
2 Comments »
Tags: eac finanical, hardships, loan modification
admin | August 20, 2009
Ocwen reported a triple net income for its first quarter after servicing some of its defaulted mortgages. The company states that prior to servicing its trouble mortgages it had over 20.8 billion dollars in non-performing loans, and this figure is up from 40.2 million in non-performing loans at year’s end.
Not only did Ocwen do a [...]
Category: mortgages |
16 Comments »
Tags: high risk loans, loan modification, non performing loans, ocwen
admin | May 12, 2009
In a recent question and answer sections after a speech at the Chicago Federal Reserve, FDIC Chairman, Sheila Bair , was quoted as saying “that due to the recent bank failures the FDIC has increased its staff by 1,000 and is still hiring.”
Ms. Bair had some other increasing facts. She believes that the loan modifications [...]
Category: News, mortgages |
57 Comments »
Tags: fdic chairman, loan modification, News, sheila bair