California Foreclosure Prevention Act
The California Foreclosure Prevention Act (CFPA) is designed to increase affordable loan modifications and preclude servicers from filing notices of s...
Mortgage Loan Modification: Lowering Your Payments
Unlike repayment plans and forbearance, mortgage modifications are designed to lower your monthly payments over the long term. You might be able to ge...
What is the Home Affordable Modification Program (HAMP)?
The Home Affordable Modification Program (HAMP) was one of the first of the federal programs under the Making Home Affordable program that were intend...
Net Present Value & Your Mortgage Loan Modification
What is Net Present Value and how does it affect my chances to modify a mortgage loan? Many banks will use net present value assessments in determinin...
Using Mediation to Pursue a Loan Modification in Your Foreclosure Case
When you received your foreclosure paperwork from a local process server, you may have noticed a form referring to the RMFM program, counseling, o...
Ruling Says Only Attorneys Can Help with Loan Modifications
FTC Announces Final Rule effecting MARS (foreclosure prevention) providers nationwide. You now must be a licensed attorney in the state in which the...
Modifications: Deal or No Deal?
Should I Keep My Home? Modifications are the new buzz word in foreclosures. Most people who apply to their bank for assistance want to keep their hom...
Proving Income When Seeking a Loan Modification
Many clients contact our office wanting to know whether or not a loan modification is possible. One of the best ways to evaluate your chances of succ...
Our Nation's Mortgage Dis-ease
"Congratulations! You are eligible for a Home Affordable Modification. As previously described, if you comply with the terms of the Home Affor...
Should You Seek a Mortgage Loan Modification?
A Loan Modification is a permanent change in one or more of the terms of a loan. Loan modification allows the loan to be reinstated, and results in ...
What to Do If You Can't Get a Loan Modification
Thousands of Americans that are challenging the validity of their mortgage note as well as the security behind that note in state and federal cour...
To Loan Mod or Not to Loan Mod
Many homeowners have been bamboozled by the propaganda. Banks, the media, and the government have touted the success and possibilities that have ...
Denied Loan Modification: Sue Your Lender or File Bankruptcy?
Bank of America agreed to modify loans of homeowners facing foreclosure in 11 states in back in 2008. What does this mean for you? It could mean ...
Principal Balance Reductions On Mortgages: The Reality
Property values are down, and there’s no telling when the declining real estate market might finally start to rebound. For Florida homeowners facing...
Denied Loan Modification: What are My Options?
If you are one of the thousands of homeowners being denied for a loan modification you may be facing foreclosure and want to know your options. Yo...
Loan Modification Battles: Travels in Courage
It is wonderful, when a calculation is made, how little the mind is actually employed in the discharge of any profession. No man would be a Judge, u...
Portable Relationships: Is HAMP no Longer Significant?
So the donkeys switch with the elephants and the Democrats with the Republicans as politicians play the back and forth game in Washington, DC. For...
The Can-Do's and the Can't-Do's: Who's Battling Mortgage Foreclosure?
There's nothing more graphic to this foreclosure crisis than meeting with a new client. You fill in the gaps with their descriptions. Whatever fam...
HAMP Qualifications
In the wake of the economic crisis and devastation to the real estate market, the Home Affordable Modification Program (HAMP) was created by the feder...
HAMP Trial Modifications: Are You Home Free?
Homeowners across the country think when they receive a trial loan modification agreement from their lender that they're 'home free". Well, think ag...
In Line for a Loan Modification: Your Bank Stealing Your Home?
Apparently the banks that signed up for the governments TARP program are tired of stealing American tax-dollars our countries banksters have moved o...
Unlocking the Secrets of the Net Present Value Test
Our office receives daily calls from homeowners who have become frustrated as their loan modification process either drags on with no end in sight o...
Trying to Get a HAMP Loan Modification: Can You Trust Your Lender?
The problem most struggling homeowners are faced with these days is who can they trust. With so many foreclosure scams out there it's no wonder they...
My Bucket List for Loan Modification
On one of our first days on the closing end of the summer season, foreclosure questions, worries and concerns have survived despite a seeming overwh...
Trying to Get a Loan Modification? Things You Need to Know
If you are interested in this article you probably are trying to get your loan modified. If you are working directly with your lender and not seekin...
Qualifying For A Loan Modification: Part III
Your mortgage payment went up. You never realized that your payments would adjust to the amount that they have reached, or, if you did realize they ...
Qualifying For A Loan Modification: Part II
Documents You Will Need To Send To Your Lender In Order To Get Your Loan Modifie. The Hardship letter is the first of 3 vital pieces of your loan modi...
Qualifying For a Loan Modification: Part I
There is no law that specifically states: This person qualifies and that person does not. There are general guidelines followed by most lenders, howe...
Writing a Loan Mod Hardship Letter: Common Mistakes
It is your agreement with your lender. It should be an agreement which is a fair agreement, agreed by both parties, based on what is real and true a...
Foreclosures and the Banks Reluctance to Make a "Good Faith Effort"
We are seeing to many stories these days similar to the “Barbara Caswell” story about her home in rural west Petaluma. Mrs. Caswell was the fami...
New HAMP Guidelines Include Borrowers in Bankruptcy
So you say you want a home loan modification? You have been a loyal customer to your mortgage lender for years, making all your scheduled mortgage p...
Rest Report for HAMP and HAFA Offers “Loan Disposition Analysis” for Troubled Homeowners
California bankruptcy attorneys are extremely busy as Chapter 7, Chapter 11, and Chapter 13 bankruptcy filings continue their dramatic increase over...
The New R.E.S.T. Report: Do You Qualify for a HAMP Loan Modification?
Just as the foreclosure activity in the U.S. is climbing, so is the drop out rate from federal government's HAMP Loan Modification program. As per t...
The REST Report: Changing the way Loan Modifications are Done
In a report issued this week, The Center for Responsible Lending (CRL) demanded that California legislators enact policies to help homeowners avoid ...
The R.E.S.T. Report: Who Want's a Loan Modification?
Let's be perfectly honest, the Federal Governments Home Affordable Mortgage Program (HAMP), has fallen considerably short of it's expectations. Many...
Trying to Get a Loan Modification? Things You Should Know
As a bankruptcy attorney in California I have consulted hundreds of homeowners trying to stop foreclosure after being denied a loan modification. W...
My Loan Modification Was Denied! How Do I Avoid Foreclosure?
Since the release of the Governments "HAMP" Making Home Affordable Program home foreclosures have increased rather than decreased. Many of the borro...
Seas of the Forgotten
For those of you who are have fallen behind on your residential or commercial mortgages, many articles, publications and reports have been aired to es...
Tips for a Successful Loan Modification
A loan modification is the changing of one or more terms of a loan due to the inability to the borrower make payments in the agreed upon time frame ...
The Application Process for a Hardship Mortgage
If you are facing foreclosure because of a temporary set back such as loss of employment or medical emergency, you can apply for a hardship mortgage...
Should You Pursue Mortgage Loan Forbearance?
Millions of homeowners are facing foreclosure and are not sure which is the best option for them to pursue to try and save their homes. Loan forbea...
HAMP Loan Modifications: What's Really Going On?
Since the release of the Home Affordable Modification Program (HAMP), results for permanent modifications are dismal and several lawsuits have been ...
When to Consider a Loan Modification Attorney
It is no secret that many homeowners are struggling to keep their homes after job losses or other financial setbacks. Unfortunately some do not kn...
Avoiding Foreclosure with a Loan Modification
Avoiding foreclosure when you are behind on your mortgage payments may be harder than you thought if you and your lender are not on the same page. A...
Stop Foreclosure: Are Trial Modifications Working?
The economic struggles of this country and our state are growing and becoming even more complex. California homeowners have been hit hard with job ...
How to Save a Home if Loan Modification was Declined
Many consumers today are facing foreclosure due to failed attempts at getting their home loan modified. Even if your lender offers you a trial mod t...
Strategic
While many homeowners cannot afford to make their mortgage payments as a result of financial hardships, more and more Americans are deciding to volu...
Negotiating Options with Your Lender: 2010 Update
If you are facing foreclosure and you want to stop the foreclosure, you must negotiate with the lender. Once the lender becomes aware of the reasons...
A Judge’s Decision Sends a New Moral Compass to Lenders
More than 3 million friends, neighbors and families currently share similar messages among their intimate groups of friends, neighbors and family me...
Get Out of Foreclosure Crisis without Loan Modifications?
Could 30 million Americans, completely unnerved and destabilized from the ravages of their home mortgage foreclosures, benefit from a decades old an...
Loan Modification Services Advice
Having difficulty with your mortgage or home equity loan? There IS help available. There are a number of people, businesses, and agencies who ma...
Consumer Protection for Loan Modifications Under HAMP
On March 24, 2010, a Supplemental Directive was issued under HAMP. The legislation, which takes effect on June 1, 2010, puts more pressure on mort...




