Before: These Florida homeowners were past due $173,115.13 or 34 monthly mortgage payments. Their monthly payment was $2,174.71 with a fixed interest rate at 7%. After: Payment decreased by 1,154.38. Loan balance will be decreased by $108,241.18. Homeowners received a permanent loan modification with Bank of America with a new monthly mortgage payment of $1,020.33 …
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David Brash, a soldier stationed out of Fort Benning, Georgia, was awarded with $20 million in a settlement against PHH Mortgage. The six day trial revealed the soldier’s accounts of lies and deceptions made by the company also known as Coldwell Banker, which resulted in wrongly destroying his credit rating and months of aggravation.