I've been working several different client's 2nd Liens, and I've yet to have a lender take advantage of the extinguishment program. It is unfortunate that these lenders cannot see the boon in a 1-time lump sum payment from the government of up to 12%. That, along with the losses they'll get to write down should make for a great deal.
It's really sad that these lenders want to try to enforce what amounts to an unsecured lien on properties whose values were artificially inflated by the banks themselves, and now are worth a fraction of what they were when those loans were "given."
Steve
of CA
@
Oct 28, 2009 19:05:03 PM
REFINANCE DENIED
I attempted to obtain refinancing through the Obama assistance program and was denied by Chase Home Finance. I had too much equity. In essence, if I lose my house the bank gets it and won't lose money on the resale. So I am going to get screwed. Certainly the bank does not care about me but I am the one who bailed them out. What a pile of crap!
Bruce
of SC
@
Oct 17, 2009 08:55:19 AM
WE JUST WANT TO HELP!!!!!!!!
Obtaining a loan modification from your lender can be tricky. Let me teach you how to wrestle the sharks (your lender) and WIN!!!!
If you need professional help with your mortgage modification and want to use someone who will look out for your best interests and not any of these fly by night scammers you will find on the internet, then please call: Hampton Ruiz 1-888-341-7779 EXT:#2
If you want and can do this yourself, then keep reading and get ready for the good FIGHT! I wish you the best of luck and remember to never give up your American Dream.
2.2 Million homeowners may face foreclosure over the next couple of years. Many borrowers are stuck in these toxic adjustable rate mortgages and they cannot refinance out of them as their payments are going through the roof.
When you become late on your mortgage or you are facing foreclosure, dealing with your lender can be much like dealing with Guido and his band of mobsters that think breaking knees in better than working things out where everyone wins.
So, I thought it would be great to give homeowners some and the tools plus the education to assist them through this rough time. The tools I lay out here will allow you to FIGHT back against these unscrupulous lender loss mitigation departments and WIN!
PLEASE READ AND COMMENT ON MY BLOG HERE'S THE LINK
http://rjfinancial.tripod.com/modhelp/
THERE IS A LOT OF FREE INFO ON THAT BLOG AND ITS VERY EDUCATIONAL. I WANT TO SAVE AS MANY HOMEOWNERS AS POSSIBLE, BUT I ALSO WANT TO EDUCATE SO WE DONT GET IN THIS MESS AGAIN SO PLEASE CHECK IT OUT!!!!!!
1-888-341-7779 EXT:#2
H.RUIZ
of DC
@
Sep 22, 2009 21:09:57 PM
Loan Mod Helpful Info
Receiving a legitimate loan modification these days can be a very difficult task. Whether it’s through your lender, on your own, or through a company that offers services there is going to be a process in order to obtain a successful modification! ( BEWARE OF SCAMMERS!) Unfortunately in this time of economic struggle it’s tough for everyone and every industry has taken severe hits. There is hope though, We at CAHomeModificationCenter can truly help! Whether it’s letting you know options you never knew existed or simply showing you how to do it yourself! WE WILL HELP! THAT’S OUR WORD! If you need professional assistance with your Loan Modification please call and we will be more than happy to discuss ALL possible options. JON BERNETSKI 760 580 5621 . In the next several years the United States is expected to have over 2 millions foreclosures. Many homeowners are faced and stuck with their outrageous adjustable interest rates and are unable to refinance and are left with a payment that has skyrocketed through the roof. Anyone reading this in this situation already knows, trying to even CONTACT your lender is an ABSOLUTE NIGHTMARE! 1. They don’t have enough manpower for the amount of people in this situation. 2. THEY WANT YOU TO STAY IN YOUR HOME! (think about your property value right now compared to 5 years ago)…They’d rather get their property later down the road. 3. The major lenders aren’t exactly doing too well financially. Bottom line there is A LOT involved in obtaining a successful modification and I will educate you and breakdown everything you need to know in order to save your home! At CAHome Loan Modification Center we CAN and WILL help! We have been servicing homeowners for over 20 years and are the very best in the modification department!
760 580 5621
Alex S.
of CA
@
Sep 21, 2009 16:43:05 PM
free viagra
cocncd It is the coolest site, keep so!
free viagra
of OK
@
Aug 02, 2009 20:11:39 PM
tramadol several online
P7FBeK It is the coolest site, keep so!
tramadol several online
of NC
@
Aug 02, 2009 19:20:24 PM
free shipping tramadol
aNozfr I bookmarked this link. Thank you for good job!
free shipping tramadol
of GA
@
Aug 02, 2009 06:16:13 AM
tramadol veterinary
rH7TFI Great site. Keep doing.
tramadol veterinary
of NE
@
Aug 02, 2009 05:25:30 AM
Steve of CA @ Oct 28, 2009 19:05:03 PM
Bruce of SC @ Oct 17, 2009 08:55:19 AM
H.RUIZ of DC @ Sep 22, 2009 21:09:57 PM
Alex S. of CA @ Sep 21, 2009 16:43:05 PM
free viagra of OK @ Aug 02, 2009 20:11:39 PM
tramadol several online of NC @ Aug 02, 2009 19:20:24 PM
free shipping tramadol of GA @ Aug 02, 2009 06:16:13 AM
tramadol veterinary of NE @ Aug 02, 2009 05:25:30 AM
sQmuMjOUAINNTJti of @ Jul 30, 2009 17:55:30 PM
DsYsWqiviQKB of @ Jul 30, 2009 16:48:16 PM
Back to blog