May
19
Latest Loan Modification Miami News
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President of Palm Beach County Foreclosure-Rescue Company Charged with Fraud
Guilfort Dieuvil, 38, is president of the Nationwide Investment Firm Corp., a for-profit company that has homeowners quitclaim deed their properties to it with promises to broker a short sale or loan modification, while also defending the case in court …
Read more on LoanSafe
President of Palm Beach County foreclosure-rescue company charged with fraud
Guilfort Dieuvil, 38, is president of the Nationwide Investment Firm Corp., a for-profit company that has homeowners quitclaim deed their properties to it with promises to broker a short sale or loan modification, while also defending the case in court …
Read more on Palm Beach Post
Ending Uncertainty is Prescription for Housing Recovery
She pointed to Miami and Phoenix where there is actually an undersupply of homes while delinquencies and foreclosures are still high. "For me, this calls into question the notion that housing prices cannot stabilize until the foreclosure pipeline is …
Read more on Mortgage News Daily
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May
19
Mass. House passes bill preventing foreclosures
Attorney General Martha Coakley proposed the measure, designed to block foreclosures by requiring loan modifications when it is in the financial interest of the borrower and the lender. The bill would set standards that force banks to analyze every …
Read more on Boston.com
LB Community Bank & Trust, FSB vs Whitney
MORTGAGOR(S): Richard W. Whitney III and Dawn T. Whitney, Husband and Wife DATE AND PLACE OF FILING: Filed October 20, 2000, Dakota County Recorder, as Document Number 1725802, thereafter modified by Amended Loan Modification Agreement increasing the …
Read more on Farmington Independent
Bank of America initiates home loan modification offers
The bank plans to have mailed out most of the letters by the end of the third quarter. Bank of America estimates that customers who end up receiving the loan modifications will save, on average, 30 percent a month on their mortgage payments.
Read more on Southeast Missourian
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May
18
Debt Bailout USA Scores Major Victory for Consumers with the Release of Their Latest “Do-it-Yourself” Credit and Debt Educational Website
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Scottsdale, AZ (PRWEB) June 07, 2011
Debt Bailout USA’s latest edition of their educational “do-it-yourself” website is easily one of the finest credit and debt resources for consumers, to date.
In the Debt Bailout USA membership site, consumers will find information on:
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May
18
FHA may ease rules for mortgages on condos
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FHA may ease rules for mortgages on condos
The revisions could remove at least some of the obstacles that have dissuaded condominium homeowner association boards from seeking FHA approvals or recertifications of their buildings for FHA loans during the past 18 months.
Read more on Worcester Telegram
Future of Housing Finance Will Be Top Issue for Next President
DeMarco noted that FHFA has completed more than 1 million loan modifications since 2008 and helped millions more families avoid foreclosure through a short sale, deed-in-lieu or other alternative. He said changes to the agency's refinancing program has …
Read more on MarketWatch (press release)
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May
17
Latest Call The Loan News
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MoneyLoans.com Launches 24-Hour Call Center
MoneyLoans.com, a leader in connecting consumers with no-hassle short-term loans, announces the launch of its new “Contact Us” page featuring a loan application available 24/7 by telephone. The new call center makes it even easier for working …
Read more on Midland Daily News
Boxer, students call for action on loan interest rates
Barbara Boxer spoke on behalf of students across the state Friday morning by urging Republicans to stop blocking a Democratic bill to keep student loan rates from doubling. If Congress does not act to prevent rates on subsidized student loans from …
Read more on KTVU San Francisco
Blackstone Loan In Favorable Modification, Deutsche Bank Says
NEW YORK – A Blackstone Group LP (BX) property loan has received what "may be one of the more questionable [loan] modifications to date" by getting rosy financing terms at the expense of bondholders, marking a troublesome precedent for distressed …
Read more on Fox Business
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May
17
"Potential Broad-Based Refi Plan Aims To Level Playing Field; Increase Home …
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"Potential Broad-Based Refi Plan Aims To Level Playing Field; Increase Home …
Shelby returned to the issue of second mortgages and the impact of first lien modifications on those junior liens and vice versa. Donovan said that while they have been able to insert some requirements for dealing with junior liens into HAMP guidelines …
Read more on Mortgage News Daily
Obama's New Mortgage Working Group Is Not Working
In his State of the Union address at the end of January 2012, he announced the formation of the Residential Mortgage-Backed Securities Working Group, which would be charged with the responsibility of investigating mortgage fraud and providing relief to …
Read more on Huffington Post
April Scorecard Points To Modest Improvements In Housing, Mortgage Markets
by MortgageOrb.com on Monday 07 May 2012 The US Department of Housing and Urban Development (HUD) and US Department of the Treasury have released the nation's April 2012 Housing Scorecard, which shows "promising signs of stability," albeit in the …
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May
17
Latest Attorney For Loan Modification News
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CFPB Mortgage Reforms Disappoint Some Consumer Activists
Thousands of homeowners blame mortgage servicers for improperly denying them loan modifications, misapplying mortgage payments to late fees and even improperly foreclosing on borrowers who thought they were current on their payments.
Read more on Huffington Post
Lance Denha Discusses Bank of America Announcement to Widen Its Principal …
The principal reduction offers from Bank of America Home Loans are the direct result of a $ 25 billion settlement agreement earlier this year with 49 state attorneys general as well as federal authorities who had been investigating allegations of abuses …
Read more on Midland Daily News
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May
16
Ind. AG files lawsuits against home loan modification companies
BY BRYAN COHEN INDIANAPOLIS (Legal Newsline) – Indiana Attorney General Greg Zoeller announced five lawsuits against out-of-state home loan modification companies that allegedly violated Indiana's consumer protection laws by taking more than $ 11300 …
Read more on Legal News Line
New Mortgage Reduction Software from ConsumerEducationOnline.com Launches to …
Homeowners can complete the free Loan Modification Pre-Qualifier and then download the Mortgage Reduction software for a free trial before purchase. (VIDEOS describing the Mortgage Reduction software are available at …
Read more on MarketWatch (press release)
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May
16
Homeowners Consumer Center Urges US Homeowners Trying To Save Their Home With A Loan Modification Or Resolve Mortgage Payment Issues To Call The Law Office of M. E. Ludt
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(PRWEB) May 16, 2012
The Homeowners Consumer Center is one of the best branded homeowners advocates in the United States, and the group urging is homeowners in any state, who are seeking a loan modification, pre-foreclosure defense, foreclosure defense, or a mortgage workout to contact the Law Office of M. E. Ludt, llc. The Law Office of M. E. Ludt, llc also assists homowners with loan servicing nightmares, where the bank or loan servicer has not properly applied mortgage payment to the homeowner’s account, and as a result the homeowner is now in default. The Homeowners Consumer Center says, “Tragically, millions of individuals, or families struggling to save their homes try to fix a significant problem with their bank, or loan servicer on their own, and the typical result is failure, and a foreclosure.” The Homeowners Consumer Center has endorsed the Minneapolis based Law Office of M. E. Ludt, llc because this law firm frequently produces significant results for homeowners seeking relief under one of the federal MHA loan modification, foreclosure defense, or mortgage workout programs or an in-house program. For more information homeowners wishing a loan modification, or dealing with a possible foreclosure, mortgage default, or loan servicing issues are urged to contact the Law Office of M. E. Ludt, llc at 1 (888) 364-8844. http://HomeownersConsumerCenter.Com
The Homeowners Consumer Center has endorsed the Law Office of M. E. Ludt, llc for their legal capabilities for homeowners in all 50 states, who are need the following types of assistance:
Loan Modifications
Foreclosure Defense
The homeowner has received a default notice from their mortgage lender
The homeowners loan servicing company has misapplied mortgage payments, and the homeowner is now being shown to be late on their mortgage
Mortgage workouts, or mortgage forbearance agreements
The Homeowners Consumer Center says, “The attorneys of the Law Office of M. E. Ludt, llc are a nationwide team of attorneys that offer comprehensive mortgage representation for homeowners seeking a loan modification, foreclosure defense, or a mortgage workout by way of the federal MHA or In-house programs. Their representation includes local of counsel attorneys in ALL 50 STATES. The Law Office of M. E. Ludt, llc and its nationwide network of attorneys will represent you in court, mediation hearings, and or during the entire mortgage renegotiation process.” The Homeowners Consumer Center is urging homeowners seeking a loan modification, foreclosure defense, or a mortgage workout to utilize the unequaled talents of the Law Office of M. E. Ludt, llc in all US states. For more information please contact the Law Office of M. E. Ludt, llc at 1 (888) 364-8844. http://MELudtLaw.us
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May
16
Latest Home Loan Guidelines News
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Mortgage Rates: Low Mortgage Rates Accompany Record High Home Affordability
FHA 5/1 ARM loan rates are at 2.875%. Potential home buyers are encouraged to take advantage of low home prices now while they are still available. With FHA mortgages, borrowers have low down payment requirements and flexible credit qualifying, …
Read more on FreeRateUpdate.com
U.S. Loan Educators Assists Thousands of Individuals Experiencing Budgetary …
US Loan Educators was established to create and maintain homeownership to keep people in their homes. Since its inception, a major focus was to provide tools to educate, counsel, support and mortgage assist homeowners who experience unforeseen …
Read more on Sacramento Bee
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