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Blogs about: Principal Reduction

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Durbin: "And They Frankly Own the Place"2 comments

findsenlaw wrote 1 month ago: [Remember back in May when Durbin's bankruptcy bill was defeated that would have allowed bankruptcy … more →

Tags: LOAN MODIFICATION, foreclosure, corruption, Banks, Bill Moyers

Banks Taking Loan Modifications Further1 comment

lcartolano wrote 1 month ago: In an article from the Wall Street Journal, banks and loan investors are starting to bit the bullet … more →

Tags: Real Estate, alain pinel realtors, Alameda real estate agent, Bay Area Real Estate, Bay Area Real Estate Agent, Lisa Cartolano, loan modifications, oakland homes for sale, Oakland Real Estate

Principal Reduction

condosforsaleonline99 wrote 1 month ago: Negative Equity Help We offer a no credit score refinance/ principal reduction, $5 billion private f … more →

Tags: Mortgage Refinancing, Home Mortgage Refinancing, Mortgage Loan Refinancing, mortgage principal reduction, Foreclosure Assistance, stop home foreclosure now, Stop Foreclosure Now

Google page one#1 ranking for Project Property Relief...how did that happen?

bruceinman wrote 4 months ago: You can imagine my surprise when I entered the search term “Project Property Relief” les … more →

Tags: foreclosure, LOAN MODIFICATION, project property relief, Short Sales, mortgage modification, debt settlement, Real Estate, Florida

What's a Mortgage Makeover?

bruceinman wrote 4 months ago: This new program may be just the answer you’ve been looking for if you’re troubled by th … more →

Tags: foreclosure, LOAN MODIFICATION

New option for "upside down" homeowners

bruceinman wrote 4 months ago: For the many people who owe more than their propertys’ current market value, there is a recent … more →

Tags: foreclosure, LOAN MODIFICATION, project property relief, loan modifications, Short Sales, mortgage modification, debt settlement, mortgage loans, Real Estate

Nice Work, Arizona. Piling it on....

findsenlaw wrote 4 months ago: This is unbelievable. The Arizona Legislature and Governor Jan Brewer have enacted a law that heaps … more →

Tags: arizona, Homeowner, foreclosure, modification, homeowners, SERVICER, borrowers

Signs of love from the SBA on the workout side...but it won't work, it's the wrong answer.1 comment

Donald Todrin wrote 7 months ago: Wow, I an amazed, it is happening… a little. I see evidence of the SBA  allowing a slight impr … more →

Tags: business workouts, debt workouts, building profitable business orgs., solving difficult business problems, SBA loan workouts, Workout, Revenue, SBA workout, LOAN MODIFICATION

Cramdown Provision - Voted Down by Senate

sfbassblog wrote 7 months ago: April ended with an important diversion from the president’s loan modification plan.  The Sena … more →

Tags: News, Government Assistance, cramdown, bankruptcy

The fox, your banker, is in the hen house... again and you opened the gate and invited him.1 comment

Donald Todrin wrote 7 months ago: I can’t believe it, or actually I can believe it, as it happens every day, despite my many war … more →

Tags: business workouts, debt workouts, solving difficult business problems, SBA loan workouts, Workout, Liquidation, LOAN MODIFICATION, loan default, Debt Reduction

Servicers' Obstacles to Loan Modification Aren't as Numerous as They Claim

findsenlaw wrote 7 months ago: What’s Holding Back Mortgage Modification? Many mortgage services say they can’t modify … more →

Tags: LOAN MODIFICATION, foreclosure, modification, loan mods, SERVICER, Real Estate Market

Foreclosure Rates Will Soar Again

findsenlaw wrote 8 months ago: 4-7 — CA Foreclosures About to Soar…Again Tuesday, April 7th, 2009 | By Mr. Mortgage Foreclosures Ab … more →

Tags: LOAN MODIFICATION, foreclosure, modification, homeowners, mr mortgage, borrowers, Real Estate Market

Why Aren't Servicers/Lenders Doing Real Mods?

findsenlaw wrote 8 months ago: This is an interesting blog post in Naked Capitalism—it talks about why servicers aren’t … more →

Tags: Modifications, loan mods, mod problems, SERVICER

JPMorgan Chase opens two Bay Area help centers for customers in danger of foreclosure (Chase, WaMu, EMC)

Catherine Myers wrote 8 months ago: This week JPMorgan Chase opened two “Home Ownership Centers.”  At these centers you can … more →

Tags: Resources, Alternatives, LOAN MODIFICATION, short sale, Chase, WaMu, J.P. Morgan Chase, Washington Mutual, reduce interest rate

Giving Modifications a 2nd Chance

sfbassblog wrote 9 months ago: While Loan Modification has been known as a workout option for a while, not a high percentage of mod … more →

Tags: Market Update, Consumer Guide, Government Assistance, cramdown, hardship, debt ratio, Interest Reduction

Loan Modifications, Workouts and Write-Downs

JoNell Reed wrote 10 months ago: A loan modification is basically changing the terms of the loan. It’s a major change, such as … more →

Tags: loan modifications, Foreclosures, loan workouts, Loan write downs, down market, hope for homeowners program, FDIC "Mod In A Box"

Fed deploys write-down strategy to aid struggling mortgage holders

TBE wrote 10 months ago: Chicago Tribune.com By Maura Reynolds January 29, 2008 WASHINGTON — The Federal Reserve, in a move t … more →

Tags: LOAN MODIFICATION, Mortgage Aid, federal reserve, Feds

Loan Modification - The case against principal reduction1 comment

Mortgage Auditor wrote 10 months ago: Why don’t we have more meaningful foreclosure assistance…prinicpal and/or rate reductions? Because l … more →

Tags: foreclosure defense, LOAN MODIFICATION, Foreclosure Prevention, Figting Foreclosure, foreclosure, fighting foreclosure, forensic loan audit, Loss Mitigation

How Does the Hope 4 Homeowners Program Work?4 comments

hopetohomeowners wrote 1 year ago: Hope To Homeowners is helping homeowners that have found themselves owing more on their mortgage tha … more →

Tags: Hope for Home Owners, mortgage, HOPE, homeowners, H4H, Hope to Homeowners, Upside Down?, lower payment, Real Estate


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