Loan Mod Scams from the Grave!!
January 1, 2011 by Kristin LaVanway · Leave a Comment
Oh yes, lucky me, I got a call from my lender, CitiMortgage, extending an offer to modify my loan. Only problem there is that my house was foreclosed on 6 MONTHS AGO!
Homeowners Suing for HAMP…But WHY???
November 6, 2010 by Kristin LaVanway · Leave a Comment
The Making Home Affordable’s Loan Affordable Program has left some homeowners so disgruntled, they are heading for court…but why? Does a loan mod really help?
Loan Modifications: Is It Time for Another Shot at One?
April 13, 2010 by Kristin LaVanway · Leave a Comment
Thinking about revisiting a loan modification? Check out http://www.counselordirect.com for your probability for success.
Hey Banks! Wake Up! Loan Mods Aren’t Working…
January 25, 2010 by Kristin LaVanway · 2 Comments
A couple of news snippets on MSNBC illustrated the huge divide between bankers
and policy makers and the reality from the consumer’s viewpoint.
Five Reasons Why Short Sales Are Declined
December 17, 2009 by Kristin LaVanway · 5 Comments
On December 15, 2009 , I attended a round table presented by the Women’s Council of Realtors. The featured speaker was a representative from Bank of America who shared an overview of the current short sale policies that BofA is following.
During the presentation, he shared the five most common reasons that short sales are declined. It’s fair to assume that these reasons are common among all lenders.
Update from Bank of America on Short Sales
December 16, 2009 by Kristin LaVanway · 2 Comments
I attended a round table presented by the Women’s Council of Realtors. The featured speaker was a representative from Bank of America who shared an overview of the current short sale policies that BofA is following. Here is a summary of the key points.
Why Loan Modifications Aren’t Working
December 7, 2009 by Kristin LaVanway · 1 Comment
There has been a lot of finger-pointing lately about the effectiveness or lack thereof of loan modifications in reducing the number of foreclosures. Why aren’t loan modifications helping distressed homeowners? Here are some thoughts…
Short Sales from the Bank’s Point-of-View
August 29, 2009 by Kristin LaVanway · Leave a Comment
I recently attended a short sale round table where a loss mitigation manager from a local bank discussed his views on short sales. It was interesting to hear from the bank’s point of view.
My Do-It-Yourself Loan Modification – Yeah, They Work!
August 4, 2009 by Kristin LaVanway · 1 Comment
To prepare for the tough times ahead, I took a hard look at our financial situation and started to prioritize. My highest priority is to keep the house. So that is where I started – by requesting a loan modification from my lender.
Watch Out for the Latest Real Estate Scams
July 16, 2009 by Kristin LaVanway · 1 Comment
There are a lot of resources available to help distressed property owners with loan modifications, and options to avoid foreclosure. But be aware that not everyone is looking out for your best interest.
