Millions Are House-Rich but Cash-Poor. Wall Street Landlords Are Ready. Hardships caused by the coronavirus pandemic are likely to force a lot of sales and create new renters Americans with mortgages have accumulated nearly $10 trillion in home equity thanks to a...
Here is a question from YouTube channel DebtLaw about Loan Modification. Maetzy Vargas Maetzy Vargas 7 hours ago What can cause a loan modification to get denied ? I am currently in the process. Is there anything I should be avoiding to do? Anything I can be...
PPP Loans Kept Many Florida Small Businesses Afloat this Summer. Without More Funds, Experts Say a Wave of Bankruptcies Is Coming
More than 432,000 PPP loans worth nearly $33 billion were approved in Florida alone. Without additional federal relief, some experts project a flood of small-business bankruptcies this fall as the PPP money runs dry.
To date, the Justice Department has filed 39 PPP fraud cases, charging about 56 defendants. Defendants are charged with bilking taxpayers out of tens of millions of dollars. Luckily, the Feds have recovered a large part of the loan proceeds already.
“Credit card debt is back up there, medical bills are up there, and you have subprime auto loans again. The cost of living has gone up and wages have not, so obviously we’re all sitting back and waiting for the phones to start exploding again,
Video Nuevo - Secretos de la Modificación de Prestamo Abogado Diego G. Mendez, Esq, habla sobre los 5 secretos mas importantes de como obtener una modifications. Nunca entre su casa sin pelear para todos sus derechos. Aprende come obtener una modificación. Applique...
“Sustained unemployment has pushed many homeowners further down the delinquency funnel, culminating in the five-year high in the U.S. serious delinquency rate this June,” the report noted. “With unemployment projected to remain elevated through the remainder of 2020, we may see further impact on late-stage delinquencies and, eventually, foreclosure.”
Loan Modifications are making a comeback. Not sure to apply for a Loan Modification vs Refinance. What are the loan modification pros and cons?
Solicitud de modificación de préstamo hipotecario
Una solicitud de modificación de préstamo hipotecario requerirá los detalles de la información financiera del prestatario, la información de la hipoteca y los detalles de la situación de dificultad.
Cada programa tendrá sus propias calificaciones y requisitos. Por lo general, se basan en la cantidad que debe el prestatario, la propiedad que se utiliza como garantía y las características específicas de la propiedad en garantía.
3.9 million homeowners remain in active forbearance, representing 7.4% of all active mortgages. What happens after the forbearance ends?
The Coronavirus Recession has begun with a massive explosion of mortgage defaults, but there are still Mortgage Modification options for homeowners.