Archive for December, 2008

The Fed Cut Interest Rates

On December 16th, the Federal Reserve cut interest rates to all-time historic lows. This is the first time the Federal Reserve has cut interest rates to a range of 0.00% to 0.25%. I am sure you have heard it on the news and how that is supposed to help the housing market.
So, what does this [...]

Loan Modification / Loss Mitigation Phone Numbers

Take a look at a compiled list of all banks’ contact information regarding Loss Mitigation / Loan Modification.
Loan Modification Bank Phone numbers
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Loan Modification vs. Refinancing

What are the differences between Loan Modification and Refinancing?
To answer many of the questions about the differences between Loan Mod and Refinancing, we put together a quick quide to help you navigate to the answers. Many homeowners get tied up and twisted around in the loan termonology as they are looking for solutions to their [...]

A Helpful Introduction into Loan Modification.

A Loan Modification is a permanent change to one or more of the terms of a mortgage loan agreed upon by the borrower (you) and lender (bank) which results in lower payments that the borrower can afford. Get Help Now!
Successful Loan modifcations will stop foreclosure proceedings initiated by the lender and help save your credit score. The actual terms [...]