The Obama Loan Mod Plan: 7 Things to Know

Since I am getting calls every day from clients we are helping with loan modifications, I thought it would be a good idea to link to this Yahoo Finance summary of the government’s program: The Obama Loan Mod Plan: 7 Things to Know.

If you are looking for help to lower payments, avoid foreclosure or resolve arrears, please call my office today at 212-764-7250 and speak to me at ext. 201 or my paralegal Chenelle at ext. 203 to set up a free phone consult. Your lenders have attorneys. It is their job to protect the bank, not the borrower. Borrowers and homeowners should always have a New York lawyer help them with negotiations and to review the modification agreement before they sign it.