by countyproperties | Sep 2, 2011 | Finance, Latest News, loan modification, San Diego Real Estate, San Diego Short Sales
If you’re on the verge of losing your home, or you know someone who is, then you also know about the long, bureaucratic process involved in applying for a loan modification from a lender. The most common approach is to apply under the new Home Affordability...
by countyproperties | Jul 8, 2011 | Finance, Latest News, loan modification, Sellers, Short Sales
Under a settlement with the Federal Trade Commission, a federal court banned three men and their company from the mortgage modification business and ordered them to pay nearly $19 million for consumer refunds. The defendants allegedly deceived distressed homeowners...
by countyproperties | Apr 14, 2011 | Latest News, loan modification, Riverside foreclosure news, San Diego Foreclosure news
In California, lenders who intend to foreclose on a property when the loan is delinquent typically use the nonjudicial foreclosure process also known as a trustee’s sale. This process is less expensive for the lender than the judicial foreclosure process. A...
by countyproperties | Jul 30, 2010 | Finance, Latest News, loan modification
Many homeowners seeking a loan modification to lower their monthly mortgage payments find the application process time consuming, frustrating and confusing. Thus giving up before the application is reviewed. Several documents must be collected and sent to your...
