September 2009 - Blown Mortgage

September 2009

Loan Modifications: 6 Ways Not To Become A Statistic

Loan Modifications have been put forward as the great savior of the current credit crisis. Whether this is true or not is a matter of debate. I personally feel that dealing with a credit crisis by trying to fix mortgage issues is not going to deal with the big picture. Nevertheless it is a fact [...]

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Loan Modifications Eligibility Criteria, The Rules Explained.

Providing loan modifications to those that need them and are eligible according to the current criteria is the goal of the cash happy loan modification aid program. The goal is to keep out scammers and those who wish to take advantage of the system while not letting the “deserving” fall through the cracks. This is [...]

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The Obama administration loan modification is out to help those that can help themselves not lost causes that is the claim anyway. The idea is not to bail out greedy homebuyers that took more than they could chew. That is all very good in theory but how do you regulate that in practice? Not easily. [...]

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Loan modifications are complex animals not because the concept behind them is complicated but because of all the elements that compose it and the various options and permutations of these options that must be decided. The jargon linked to loan modifications can also make it a challenge to understand the instructions you read in the [...]

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If you are considering taking on a loan modification the chances are this is your first loan modification and you have many questions you need answered. The problem when you are doing something for the first time is that often you don’t even know what are the smart questions to ask. This series of articles [...]

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