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Obama administration presents a look at life after HAMP and HARP

Accessibility: Ensuring that there is a simple process in place for homeowners to seek mortgage assistance and that as many homeowners as possible are able to easily obtain the needed and appropriate level of assistance. Affordability: Providing homeowners with meaningful payment relief that addresses the needs of the homeowner, the servicer and the investor, to

Taking out a reverse mortgage ruined my life

When Frederick Feil took out a reverse mortgage on his Howard Beach home, he thought he was ensuring a comfortable future — not putting himself at risk of becoming homeless.   Feil, 67, who has a heart stent and undergoes dialysis treatments, is desperately fighting to prevent Finance of America Reverse from tossing him out

Foreclosure Alternatives Grow to New Heights in May | Loan Modification Key

Total foreclosure alternatives were greater than 105,000, according to the May 2016 loan modification data produced by HOPE NOW (the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors).   “For the month of May, non-foreclosure solutions continued to outpace foreclosure sales by nearly a four to one margin,” stated Eric

Foreclosures tumble in central Ohio | The Columbus Dispatch

Foreclosure activity in central Ohio dropped sharply in May due to a dramatic decline in bank repossessions and sheriff sales, according to figures released this morning by RealtyTrac.   The real-estate data firm found that 635 foreclosure-related documents were filed during May in the 10 central Ohio counties it tracks, down from 1,501 a year
IMPORTANT: The text in this website and product(s) sold on this website do not substitute for legal advice. Nor does the text substitute for real estate, financial, tax, bankruptcy or other professional advice. Loan Modification Key® and its owner(s) cannot and do not guarantee results from any lender or servicer. Loan Modification Key® and its owner(s) do not represent any loan modification program or governmental program. Loan Modification Key® and its owner(s) do not represent any government agency. The text herein represents information, opinion and expertise gathered in the last several years' experience in the mortgage industry. Loan Modification Key® is a non-profit 501 (c)(3) tax-exempt organization.
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