Recent Posts in Loan Modification

• Posted By demetriagraves 29-Mar-2010

  Do I Qualify for a Loan Modification?

  Are you financially on the edge? Just barely making the house payments by pushing off other payments? Is your house now worth less than what you originally paid? You may qualify for a loan modification and it may be just what you need to balance the ...

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• Posted By demetriagraves 24-Mar-2010

  Choosing Bankruptcy or Foreclosure? STOP!

  If things are getting tight and you think it is a choice between losing the house or declaring bankruptcy, I have news for you. You have other choices and you should avoid bankruptcy if possible! It is widely acknowledged now that less than 5% of ...

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• Posted By demetriagraves 12-Mar-2010

  More About Mortgage Loan Modifications

  If you are having a hard time meeting the monthly payments on your mortgage, then it might be time to find out more about a mortgage loan modification. Common reasons for needing a loan modification include; a loss of income, a lay-off or reduction ...

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• Posted By demetriagraves 31-Jan-2010

  Loan Modifications are Increasing Canceled Foreclosures

  I've recently come across some information that suggests that Loan Modifications are starting to reduce the number of homes that end up in foreclosure. The amount of California foreclosure cancellations increased 26.5% in December to 13,243, ...

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• Posted By demetriagraves 25-Jan-2010

  Loan Modification Vs Short Sale

  When a homeowner is faced with an unaffordable mortgage payment there are two principal choices for the homeowner in today's market to avoid foreclosure. These are either a loan modification or a short sale. I offer advice for clients in this ...

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• Posted By demetriagraves 3-Dec-2009

  Banks Looking Forward to Getting their ARMs Twisted by President Obama

  There's been a lot of speculation about President Obama's new plan of additional measures to reduce the increasing number of foreclosure casualties. His improved plan is supposed to be announced in more detail soon. It is expected to include ...

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• Posted By demetriagraves 1-Dec-2009

  Are You 'Underwater' on your home?

  New data available on the internet indicates that a staggering 23 percent of American home mortgages are "underwater" - that is, the owners owe more money than their property is currently worth. As with many of the repercussions of the mortgage ...

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• Posted By demetriagraves 18-Nov-2009

  Progress of Loan Modification Affordability Program

  After starting slowly, the Obama administration's mortgage relief program is now ramping up according to a recent government report. Currently 20% of eligible homeowners are getting relief but it's still unclear how many of these may still lose their ...

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