Loan Modification Harder To Get Done Now Than 5 Months Ago
8/23/2008 6:35:16 AM
According to the Arizona Republic, it is getting harder to get a loan modification done.

Some highlights from the article:

"In January, loan analyst Moe Bedard noticed a promising development in the mortgage-servicing industry: More lenders started restructuring distressed borrowers' loans to avert foreclosure.


But in the months that followed, the trend reversed itself.


&qu... Read More
Topics:  
Loan Modification, Housing Rescue Bill
Posted by  tammy.mchood
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1,300 Foreclosures per day in California? Try the FHA Secure Mortgage Program or a Loan Modification First.
8/13/2008 8:10:47 PM
Wow! There are an estimated 1,300 foreclosures per day going on in California right now -- before you let your house go into foreclosure, remember there are options! Take for example, the new FHA Expansion program or the FHA Secure Mortgage Program or a Loan Modification... there are options!
Topics:  
fha secure mortgage, loan modification
Posted by  tammy.mchood
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Can't Qualify For an FHA Secure Mortgage Loan? Here Are Some Signs That Loan Modification May Be Right For You.
8/8/2008 6:44:34 PM
I have been talking to at least one person a day this week who would like to refinance their house through the FHA Secure Mortgage program, but can't for one reason or another. These people are s-t-u-c-k in their current loan and usually they think all is lost and that they are going to face foreclosure...

Until I tell them about "Loan Modification".

I don't... Read More
Topics:  
fha secure mortgage, loan modification
Posted by  tammy.mchood
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Having Trouble Making Your Mortgage Payment? Ask Your Lender To Do These 6 Things.
8/3/2008 7:55:54 PM
Are you having trouble making your mortgage payment? Pick up the phone and call your lender. You are not alone and many people are in your same situation.

Because so many people in today's world are having trouble making their mortgage payments on time, lenders are hiring people in their "loss mitigation" departments so there is a better chance than ever before... Read More
Topics:  
Loan Modification
Posted by  tammy.mchood
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Is a loan modification right for you?
7/13/2008 11:25:22 AM
Last week, on ArizonaMortgageTeam.com, I talked about Loan Modifications and a company called LoanSafe that I have gotten to know and work with a little.

This week, the New York Times decided to feature LoanSafe and it's CEO Moe Bedard in a feature story about Loan Modifications -- what they are, who is doing them, etc.

The long and short of the story about loan modifications is... Read More
Topics:  
Loan Modification
Posted by  tammy.mchood
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