A loan modification amends the original loan agreement. The terms of the modification must be agreed to by the parties.
Feds Announce Litigation Against Law firms for Deceptive Loan Modification Practices
/in Consumer Financial Protection Bureau, Loan Modification, Real Estate, scams, Trustee Sale and Foreclosure Videos, Trustee Sales /by Diane Drain$16.2 Million Jury Verdict Against PHH Mortgage for Botched Loan Modification
/in Consumer Financial Protection Bureau, Loan Modification, scams, Trustee Sales /by Diane DrainHAMP Program – New Defaults Coming as Interest Rises
/in Attorneys, Consumer Issues, Loan Modification, Real Estate, Trustee Sales /by Diane DrainFHA’s Back to Work Program for Home Buyers
/in Consumer Issues, Loan Modification, Real Estate, Trustee Sales /by Diane DrainFor several years I have been explaining that no one can predict the length of time that FHA, Fannie Mae or HUD, or a specific lender will require a homeowner to wait to qualify for a new home loan after a prior foreclosure, short sale or bankruptcy.
