Home Owner Mortgage Restructuring – Is it a Short-Refi?
Almost 15MM homeowners are now underwater. That’s bad. But, it masks just how bad it is in the hardest hit areas of the country. For instance, in Modesto, CA over 80% of homeowners are underwater…most of them by more than 20%.
When it comes to principal reductions – [...]
How to escalate using a QWR, and do it diplomatically
Question: “Okay”, Tina wrote, “I heard you say that you recommend asking five times when you think you are getting wrong information. Well, then what? I still am being told that our application does not qualify for the Obama program and I think that it does.” [...]
I no longer need help!
The Tim says, “My wife and I applied for a modification in January and still not gotten a response. We have not paid the bank any money since we sent it in since January and now I got called back to work. So my finances are different than when we apply. [...]
Sometimes the questions you don’t ask are the ones that really perplex you. Sometimes it’s embarrassing to ask certain questions – sometimes you just do not think of the question at the right time – whatever. That’s why these Q & Q sessions are so helpful. We gather online each week to answer questions about [...]
Ryan Rockwood: All right. Take two. This is the Loan Modification Insider Secrets Teleconference. Thanks for bearing with us, folks. That’s all I’ll say. We don’t need to go with the announcements again.
Mike Rockwood: You know what thought? We’re here to beat the bank. And did you know that we’re not lawyers or tax accountants?
Ryan [...]
Ryan Rockwood: Welcome to the call, everyone. I just hit record. So, I’ll just say welcome to the call. Tonight’s call is the Foreclosure Doctor Teleconference. Anyway, I’ll just pick up where I left off. But anyway, call us if you want to pre-qualify for that. We’ll spend a few [...]
