Half Sized Blog Element (Single Author Style)
Half Sized Blog Element (Multi Author Style)
Why Struggle For Years To Save A Property With No Equity? Forecasts for Underwater Owners
Many homeowners have no equity as a result of over-leveraging their properties and depressed values. The question they must ask is whether it is worth it to struggle to make the payments, even if they are lowered through modification, if in the end they will still have no return on their investment – meaning, that […]
NCLC Class Action Litigation To Challenge Lender’s Failure To Convert Trial HAMP Loan Modifications To Permanent Ones
The question is this: can you sue to enforce a trial loan modification? Until now, the answer has been no. You can’t. A contract is a contract. It’s binding. And banks have no legal obligation to change your mortgage terms. Yes, they do it all the time for qualified homeowners and to avoid taking back […]
Why Struggle For Years To Save A Property With No Equity? Forecasts for Underwater Owners
/in Foreclosure & Loan Mod Blog /by Scott LaninMany homeowners have no equity as a result of over-leveraging their properties and depressed values. The question they must ask is whether it is worth it to struggle to make the payments, even if they are lowered through modification, if in the end they will still have no return on their investment – meaning, that […]
NCLC Class Action Litigation To Challenge Lender’s Failure To Convert Trial HAMP Loan Modifications To Permanent Ones
/in Foreclosure & Loan Mod Blog /by Scott LaninThe question is this: can you sue to enforce a trial loan modification? Until now, the answer has been no. You can’t. A contract is a contract. It’s binding. And banks have no legal obligation to change your mortgage terms. Yes, they do it all the time for qualified homeowners and to avoid taking back […]