Searching for a “Mortgage Modification Attorney Near Me?” If you’re behind on mortgage payments, you may have received a notice taped to your door with a statement telling you that it’s time to chat with a lawyer about your options. Robert thought he n …
read moreFreedom Mortgage Company is a residential mortgage servicer that specializes in working with loans that are in default. Chances are, if you are working on a loan modification with Freedom Mortgage, you’re having a difficult experience working with them …
read moreSelect Portfolio Servicing (SPS) is a residential mortgage servicer that specializes in working with loans that are in default. If you’re struggling with an SPS loan modification – you are not alone! Read on to learn how to contact SPS, how to deal wit …
read moreWhat is a mortgage assumption? An assumption is the term used by mortgage lenders to describe the process of taking over (or assuming) legal liability on a mortgage. When do mortgage assumptions usually come into play? In a Divorce situation: If you we …
read moreWhat is “job loss/reduction of income”? Job loss/reduction of income is one of the five valid hardships that qualify you for a loan modification. Why is identifying a hardship a required part of a loan modification? Part of the loan modification proces …
read moreWhat is “Divorce/Separation”? Divorce/Separation is one of the five valid hardships that qualify you for a loan modification. Why is identifying a hardship a required part of a loan modification? Part of the loan modification process includes proving t …
read moreWhat is “Death of the Borrower”? Death of the Borrower is one of the five valid hardships that qualify you for a loan modification. Why is identifying a hardship a required part of a loan modification? Part of the loan modification process includes pro …
read moreWhen a borrower on a mortgage has passed away, there are a variety of situations, people and interests that have to be dealt with. The first thing to do is identify is who you are with relation to the mortgage and the borrower: You might be a co-borrow …
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