Peter Collins is the nation's leading authority on foreclosure prevention strategies and loan modification solutions. His firm the Loan Modification Netwokr helps thousands on homeowners facing financial hardship. Call 1-877-840-6637 for a free, no obligation consultation with a housing counselor.
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April 2009
Apr. 30, 2009
Like the broader Making Home Affordable housing plan announced on Feb. 18, the new effort involves the Federal Government giving money to mortgage servicers when they lower homeowners' monthly payments - and to borrowers when they keep paying their loans
Apr. 29, 2009
Categorized in: Loss Mitigation
With a super majority in the senate, will the bill pass allowing judges to force loan modifications during bankruptcy proceedings? Or is the Mortgage Bankers Association lobby so powerful that this becomes a special interest power-play? Does the Specter d
Apr. 24, 2009
Chandler, AZ City Council approves program to help families purchase foreclosed homes
Apr. 20, 2009
Categorized in: Save My Home
A new HUD study of alternatives to mortgage foreclosure urges greater uniformity among State foreclosure laws and calls for agencies to provide better incentives for loan servicers to initiate loan modifications and forbearances.
Apr. 18, 2009
The question isn’t if commercial properties will struggle, but when and where? As a result commercial loan modification has become a popular solution for commercial property owners.
Apr. 16, 2009
Categorized in: Save My Home
Congress and the White House have pinned the nation’s hopes for the housing market on homeowners renegotiating their loan payments directly with their lenders. Yet this strategy is failing. A new study exposes the failure of voluntary loan modifications
Apr. 16, 2009
Categorized in: Save My Home
HOPE for Homeowners is failing the american people. There have been only 451 applications, and only 25 loans have closed since the program started in October.
Apr. 15, 2009
Categorized in: Save My Home
Congress and the White House have pinned the nation’s hopes for the housing market on homeowners renegotiating their loan payments directly with their lenders. Yet this strategy is failing. A new study exposes the failure of voluntary loan modifications
Apr. 15, 2009
If you are facing foreclosure and want to keep your home, here some tactics used by attorneys to protect you from predatory lenders.
Apr. 8, 2009
When modifications decreased monthly payments by more than 10%, only about 23% of the loans became seriously delinquent six months later. By contrast, 51% of the loans in which payments remained unchanged were seriously delinquent after six months….
Apr. 7, 2009
Please be wary of shady loan modification companies, do your homework, but don't rely on the government to solve your problems. You will only dig a deeper hole for yourself.
Apr. 2, 2009
The following are examples of ways the Home Affordable Modification Plan can help make your mortgage affordable.
Apr. 2, 2009
Answers to the most commonly asked questions about the Obama administration's new loan modification program.
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