mortgage servicers

Loan Modification Should Not Affect Second Mortgages ? Government

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Loan Modification is the process of modifying the current terms of Loan or Mortgage so as to bring the interest rates down so as to save the American Homeowners from foreclosures. How ever according to some news reports it was feared that modified loans can greatly lower the credit scores, affecting the chances for taking … Read more

Back to the Drawing Board for Home Loan Modifications – Loan Modification Help Center

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A growing recognition that the Obama Administration’s Home Affordability and Stability Program (HASP) is not working in its current design has fingers pointed all over Washington D.C. trying to place blame on mortgage servicers, investors and the administration itself. At hearings this week in Washington, comments ranged from encouraging to total frustration as expressed by … Read more