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Every time I call the customer service number I get the same recording that my loan might be a candidate for Loan Modification. When I tried to do it I was turned down be cause they say I make too much money. Only problem is they are saying that I make...
Started by on , 1 posts by 1 people.  
Attorney James Caplan advertised that he has a very high sucess rate getting the banks to modify your home loan. In reality he is taking the homeowners money and not getting the results he promises, he is a rip off. Please find a reputable attorney to...
Started by on , 1 posts by 1 people.  
In 2009, I modified my GMAC loan through HAMP. At the time, I took a 15% paycut and just months after we modified, my wife was laid off. I limped through about 18 months of timely payments, but ultimately decided I could no longer make the payment that...
Started by on , 9 posts by 2 people.  
GMAC modified the loan by changing the interest rate the seventh year.....
My original loan was for 368K.
A brief overview...
I did pay the three trial payments and on Friday I received notification my loan.
On my GMAC status.
Ask your Facebook Friends
Has anyone with AES has any luck requesting a modification of their loan term? I am trying to get them to extend from 15 years to 30 years. It would be nice to get a little more breathing room right now, and I will be putting in extra payments as my ...
Started by on , 5 posts by 2 people.  
Answer Snippets (Read the full thread at myfico):
Unfortunately they don't offer....
If you lock into your student loan rate them.
You "lock in" your rate? My loan is a private loan that is variable, pegged to an index (can't investments you can lock into, the better in my estimation.
On Sun, 1 Mar 2009 04:54:59 +0000 (UTC), Pers3id <perseid@comcast.invalid Data from banks show that more than half of loans modified during the first three months of the year were delinquent by 30 days just six months after the terms of the loans...
Started by on , 10 posts by 5 people.  
Answer Snippets (Read the full thread at omgili):
I feel bad for them that they bought have to downsize if they took out a loan they couldn't afford, and should have never been given.
Should have never been given the loan in the first place.
On Sat, 20 Dec 2008 17:54:03 -0600, dan <dan.gosser@gmail.com We all know that banks are taking huge losses on foreclosed homes. However, I don't understand why they aren't modifying more loans to create either temporary or permanent terms that ...
Started by on , 6 posts by 5 people.  
Answer Snippets (Read the full thread at omgili):
Will be willing to trash their credit for a fixed rate loan that they could never now qualify for, plus is not between foreclosure or slightly lower payments from a modified loan but between foreclosure now a third-quarter survey....
Last week one of my friend told me that he is in big trouble. He need to payoff his existing loan within two months and amount is around 20K. Now this loan is taken for his home and due to the recession he lost his job. But he got a new one which do not...
Started by on , 2 posts by 2 people.  
Answer Snippets (Read the full thread at pftalk):
Whatever your initial terms for the payment of your loan, the same things may not be as applicable to you now with a longer duration of paying them, talking....
With a loan modification, you get to choose better terms and better paying options.
Similar thread on housing Similar thread on precious metals As any college student knows, getting a student loan is fairly easy. Just as getting loans for housing was easy back in the heyday of the housing bubble. Will the path of college loans be similar...
Started by on , 40 posts by 4 people.  
But who do you short to profit? The loan servicing banks just sell the loans to the Feds loan reimbursements of some....
But whether there is a student loan bubble is a separate question years from now.
A higher education bubble.
I guess this is how they will keep inventory off the market. If you have a BofA loan now is the time to stop paying.
Started by on , 12 posts by 5 people.  
I know for....
They keep the original loan records showing a reinstatement of the prior loan with the addition of all the missed payments for 3 of a new loan.
Unless, hmm.
Would clearly show if they recorded a new loan amount.
On Wed, 24 Jun 2009 19:59:01 -0700, staplers <staplers@discussions.microsoft.com This doesn't work as I need. [re: "=IF(A2=EOMONTH(A2,0),A1+14,IF(MONTH(A2)=MONTH(A2+14),A2+14,EOMONTH(A2,0)))"] For my loan: D10 = Loan_Start = 3/20/09 A19 = Payment...
Started by on , 5 posts by 2 people.  
Answer Snippets (Read the full thread at omgili):
To track the loan, I would just adjust.
If the computer doesn't work on weekends, I will have to try only need something that's good enough, you have it .
My loan for the end of the month LPP.
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