Foreclosure Stops Here

Considering a Loan Modification?

A loan modification may be right for you if you are experiencing a hardship or facing foreclosure. A foreclosure can be postponed while working with your lender to find a loan modification solution, once approved your loan is brought current and the foreclosure is halted.Something you should know is there are 4 main types of loan modifications, when discussing a loan modification with the lender it is important you understand the differences and which modification can give you the greatest benef

What is Loan Modification?

There is a lot of confusion and misinformation out there regarding loan modification and loan modification companies. In February of 2009 President Obama signed into law the Troubled Asset Relief Program or TARP1 legislation. This legislation included 75 billion dollars allocated to loan modification and refinancing. A significant portion of President Obama's stimulus package is focused directly at helping American citizens facing foreclosure. If an American homeowner is facing foreclosure Presi

Loan Modification Failure - What Your Lender Isn't Telling You About "NPV" And Principal Reductions

Loan modifications have been big news (not all good) over the past few years as the government has fully instituted the Home Affordable Modification Program (HAMP). Although HAMP has thus far been an unmitigated failure, it was originally intended to provide financial incentives for lenders to lower interest rates, extend maturity dates and reduce principal so that financially troubled borrowers could afford their mortgage payments and stay in their homes. What we have seen, however, is that of