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Wells Fargo Permanent Loan Modifications – A Miserable 1.06%

Wells Fargo BARELY has a 1% success rate for permanent loan modifications. Here is the story below…
(or click here for the article http://money.cnn.com/2009/12/10/news/economy/permanent_loan_modifications/index.htm )
NEW YORK (CNNMoney.com) — Only about 4% of troubled borrowers have received long-term help under the Obama administration’s foreclosure prevention program, Treasury officials said Thursday.
A nearly equal number of trial modifications have been denied [...]

Bank of America Loan Modifications – Lowest Success Rate

Bank of America has LESS THAN a 1% success rate ( try .01%) for permanent loan modifications. Here is the story below…
(or click here for the article http://money.cnn.com/2009/12/10/news/economy/permanent_loan_modifications/index.htm )
NEW YORK (CNNMoney.com) — Only about 4% of troubled borrowers have received long-term help under the Obama administration’s foreclosure prevention program, Treasury officials said Thursday.
A nearly equal [...]

Successful Hardship Letter For Loan Modification

Do it Yourself, Wells Fargo Home Mortgage, Bank of America, America’s Servicing Company, Aurora Loan Servicing, Citi Mortgage, Saxon Mortgage, GMAC Mortgage, Wilshire Loan Services, Countrywide, EMC Mortgage, OCWEN, and HSBC, Letter of Hardship, Hardship Letter, Hardship Affadavit, DIY, DIYer

D-I-Y? California, Arizona, Nevada Loan Modifications

Do it Yourself, Wells Fargo Home Mortgage, Bank of America, America’s Servicing Company, Aurora Loan Servicing, Citi Mortgage, Saxon Mortgage, GMAC Mortgage, and Wilshire Loan Services.

Successful Loan Modifications: Fannie Mae

Las Vegas, NV: Ferguson Financial Services / 1st Financial Nationwide has achieved three (3) more successful loan modifications this week with Fannie Mae owned home mortgages. The servicers for these loans were Aurora Loan Services, Bank of America, and Flagstar Mortgage. Keys to successful loan modifications under the HAMP (Making Home Affordable Act) program are: [...]

August 30, 2009: Successful Las Vegas Loan Modifications

August 30, 2009: Las Vegas, NV
The folks at Ferguson Financial / 1st Financial Nationwide are continuing to bring success to Homeowners in Las Vegas, Phoenix, and California…and have expanded service to 47 states nationwide.  Success Stories this month (August) are: 1) Bank of America – Countrywide; 4% for Five Years, down from 6.25% on a [...]

Bank of America – Countrywide the Worst in Loan Modification

If you’ve been struggling to complete your loan modification with Bank of America – Countrywide, you know about the frustration of even getting your case into Loss Mitigation.  And then once you get your case initiated, the poor communication with their agents…”lost documents”, changing criteria, cancellation of trial offers, etc. etc.  For more on this [...]

Successful Loan Modification, Federal Credit Union, Fresno, CA

Very excited to report another successful loan modification with a Federal Credit Union (Pentagon Federal Credit Union) for a Homeowner in Fresno, CA.  As you may know, Credit Unions are difficult, because many do NOT get help from the FDIC and the Making Home Affordable Act funds.  This Borrower received 2% for the first 2 years, 3% [...]

Successful Loan Modification / America’s Servicing Company California

August 28: Fresno, CA
Several residents of a care home for the mentally disabled will continue enjoying excellent care, thanks to their owner’s successful loan modification with Ferguson Financial/ 1st Financial Nationwide on their America’s Servicing Company (ASC) loan.  ASC is actually Wells Fargo NA’s servicing division, and shares many of the same practices as Wells [...]

Successful Loan Modification, Countrywide – Bank of America Las Vegas

We have BIG news about successful loan modifications with Bank of America! While B of A is STILL the slowest bank to work with, Ferguson Financial / 1st Financial Nationwide are continuing to bring success to Homeowners in Las Vegas, Phoenix, and California…and have expanded service to 47 states nationwide. In late August, Ferguson Financial [...]