Facing foreclosure might make you feel as though you’re in a skiff on the water, pushed around by a strongwind that won’t let you head in the direction you had in mind. Your skiff is made of mortgage debt… and that wind is your residential mortgage holder, blowing on you fiercely, and wiping you clean …
Tag Archive: american home mortgage servicing
May 13
Super Successful Loan Modifications of The Week
Before: Homeowner was 11 months behind on monthly mortgage payments of $1,765.72 with an interest rate of 6.75%. After: Homeowners were approved for a permanent Nationstar loan modification through the Making Home Affordable program (HAMP). They are saving $689.58 per month with their new monthly mortgage payments of $1,076.14. Their interest rate will be 2% …
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