Posts under ‘Loan Modification’

The Feldman Law Center was founded by Steven C. Feldman who has been licensed by the State Bar of California for over 25 years. We are consumer and homeowner advocates that will protect you and your home.
The Law Offices were established to focus on real estate matters that include debt negotiation, predatory lending violations and [...]

If you are unemployed but your spouse is employed we may be able to use your household income to support the mortgage modification. We are simply trying to provide solid back up to your financial situation and budget that supports the lowering of your mortgage payment, rate or change in mortgage terms.
HUD responds to this [...]

According to HUD the Mortgagee Letter 2008-21 states that accrued late charges should be waived by the mortgagee at the time of the Loan Modification.
Make sure when you have a mortgage modification approved you are not being charged late fees. Late fees, late payments and more will pile up when you are close to foreclosure. The only [...]

Millions of homeowners are being denied for a refinance due to recent or current late mortgage payments. Late mortgage payments within a 12 month period are a major red flag for lenders and with the current credit crunch it is nearly impossible to refinance with late mortgage payments. What can you do if your mortgage is [...]

Are there any rules in this foreclosure mess? We speak to customers daily that have been in their house for 3 months to a year with out paying a mortgage payment, and they are still there. What is the process for a foreclosure? Is anyone regulating the foreclosure relief being advertised by loan modification companies? [...]