Refinance : Loan Modification Key

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Is now the time to refinance your mortgage?

“Interest rates on home loans are historically low. That means now is the time to dig out your mortgage loan paperwork and consider whether refinancing is right for you. Five years ago, the government started injecting trillions of dollars into the U.S. economy. Conventional wisdom suggested that rising interest rates were soon to follow. Some

Report: Michiganders missing out on loan modification program

“WASHINGTON – Tens of thousands of Michigan homeowners are potentially missing out on the Obama administration’s flagship foreclosure prevention program, according to a government report released last week. Michigan homeowners have used the program to lower their monthly payments at far lower rates than would be expected given the state’s foreclosure rate, according to the

Why refinance when you can modify?

“With interest rates being lowered a tad and with the relaxation of Fannie Mae and Freddie Mac’s lending guidelines, there’s been a recent advertising push by loan brokers about this being a great time to consider refinancing your home mortgage. For some folks who are simply looking for a deal better than the one they

Wells Fargo Accused of Death by Foreclosure

“A woman has sued Wells Fargo Bank, accusing it of causing her mother’s death when it foreclosed on her Fresno, California, condominium.   Marsha Kilgore stopped working in 2005 after being treated for breast cancer. After making mortgage payments on her condo for 16 years, she refinanced with a “pick-a-payment” loan through World Savings. In
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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