by mendezlaw | Oct 21, 2020 | Loan Modification, Uncategorized
More than 6M households missed their rent or mortgage payment in September Jessica Menton USA TODAY Persistent layoffs are slowing momentum in the labor market, which bodes poorly for the broader U.S. recovery as millions of out-of-work Americans delay their mortgage...
by mendezlaw | Oct 13, 2020 | Loan Modification, Uncategorized
Can’t refinance your mortgage because of bad credit or missed mortgage payments? A loan modification is the secret way that any homeowner, regardless of their credit can “refinance” their mortgage. Lower you mortgage payment, get a better interest...
by mendezlaw | Sep 28, 2020 | Uncategorized
Freddie Mac reported that the Single-Family serious delinquency rate in August was 3.17%, up from 3.12% in July. Freddie’s rate is up from 0.61% in August 2019, and no one know how these defaults will end. This is the highest serious delinquency rate since...
by mendezlaw | Sep 21, 2020 | Uncategorized
Forbearance protected millions of people from the loss of their homes even if they couldn’t make monthly payments. Now, for the first time, we’re beginning to see cracks in the system. Looming ahead are several major concerns. How will the homeowner repay “skipped”...
by mendezlaw | Sep 18, 2020 | Loan Modification
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...
