Roy Oppenheim on Obama’s loan modification Program
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http://www.loanmodificationmachine.com/
loan modification Machine is the standard in
Professional Loan Modification software.
Even more, it’s a complete Software Business Solution, designed to run a loan modification company successfully.
Duration : 0:4:3
n-program/loan-modification-business-4#more-2479″ class=”more-link”>Read the rest of this entry »
http://www.loanmodificationmachine.com/
Loan Modification Machine is the standard in
Professional loan modification software.
Even more, it’s a complete Software Business Solution, designed to run a loan modification company successfully.
Duration : 0:4:3
http://www.loanmodificationmachine.com/
Loan Modification Machine is the standard in
Professional loan modification software.
Even more, it’s a complete Software Business Solution, designed to run a loan modification company successfully.
Duration : 0:4:3
A National loan modification based out of I think Palm Beach Fl, contacted me concerning loan reconstruction, but it will cost me $2495, are any of these programs free. I’m in an option arm, and I want to get out of it fast!!!! Currently I owe 307,000, My house is probably woth between
150,000-240,000 so they say, they said I can get as low as a 1% interest rate and my balance can be reduced to as low as 150,000. Is this a reputable company, and are there any loan modification or reconstructuring programs that are free?
No, this is a scam.
There are no 1% interest rates, they are just trying to sucker you in.
I have not checked with HUD in about a month, but at that time not a single reputable modification company had been found by them.
If you do decide to pay first check the company out with HUD and the BBB as well as your states real estate board. The odds are the state board will tell you they don’t even have a license.
My husband was laid off and unemployed for over 6 months until we found a job in another state. We were never able to sell our house and now have a renter in there, although she pays only half of what our mortgage/HOA/and other costs are. On top of that, we are a family of 5 and pay rent for our current residence. The costs are enormous and I feel so trapped, although we continue to pay our mortgage faithfully every month. Money is so tight because of that stupid house we couldn’t sell that is now worth $30,000 less than what we owe. Will we not ever qualify for a loan modification because we don’t live on the property? What are our options? HELP!
You need to contact your bank.
While none of the programs cover investment property I am hearing that some investors are increasing their profits by obtaining modification. Your bank is the only one that can modify your loan, but they won’t even start unless you ask them to.
I have been calling since March and get different directions every time I call. I did the application over the phone twice now but when I call to check the status, they say it isnt in the system. I’m going to send everything in the mail tomorrow. I was just wondering if anyone has had any success with the program, especially with Chase.
I’ve completed my 3 month trial with Chase and now they’re just stalling. I was suppose to get me permanent mod in July but that is not happening. All of a sudden I became "MAY not qualify for the mod" from being qualified originally.
I’ve contacted the executive team and they are looking into it.
You should call the executive team 800-242-7399. they will help you expedite your application. good luck
I have been calling since March and get different directions every time I call. I did the application over the phone twice now but when I call to check the status, they say it isnt in the system. I’m going to send everything in the mail tomorrow. I was just wondering if anyone has had any success with the program, especially with Chase.
Don’t get too positive. Plan to fight hard!
I made the call today twice, first time, got transferred! Second time, just ask for more updates while according to the call I made yesterday they had received all the scanned copies for the updates and the case was transferred to another department. what the??!!
My hubby made the call at the same time, someone told him that we had already accepted the payment plan, which is like $2000 the end of this month, $4000 early next month, $7000 at early Oct??!! That is totally ridiculous. And they threatened him, if we don’t pay or accept the plan, we will be processed as foreclosure! And I was on the phone at the same time, another lady says "oh, don’t worry, you guys are in the process of applying for the modification and we won’t process the foreclosure!"
Okay, we’re just trying to see how many outrageous answers we can get for one day, we called again, and this time, this sweet lady says we should talk to the collection department and try to make the payment! Yeah right, if we can make the payment why do we even ask for the modification??
We were quite amused! They took the money from the government then did what? I’ll keep calling them. In general, they don’t care, everyone on the phone has training on how to kick the ball back to us. I guess it will be a very tough battle.