Mortgage Relief – Hope Loan Port Hands Jail Keys to Inmates McGrath & Spielberger works with borrowers to save their homes. Certain mortgage loan servicers, like Bank of America, force us to use a “neutral” online platform to submit mortgage loan relief and loss mitigation applications. This platform is known as Hope LoanPort (although it
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Does Your Mortgage Loan Servicer Participate in Loss Mitigation?
Does your mortgage loan servicer participate in the Home Affordable Modification Program? Here is a list of the mortgage loan servicers (not mortgage lenders) who participate in the Federal Government’s Home Affordable Modification Program (HAMP), according to the Federal Governement itself (as of April 30, 2013). Please note this list does not include lenders and/or
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Mortgage Settlement: BOA Loses First Settlement Check, Maybe Second as Well
Mortgage Settlement: BOA Loses First Settlement Check, Maybe Second as Well Every time I think I’ve seen it all on behalf of my mortgage relief, mortgage dispute, and foreclosure clients, a lender pulls another rabbit out of its magic tragic hat. If these mistakes didn’t have such serious consequences for homeowners (and, indirectly, taxpayers /
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HAMP: Fewer Borrowers Offered Loan Modification Relief in 2013 (monthly average)
HAMP: Fewer Borrowers Offered Loan Modification Relief in 2013, Compared to Average Month in 2012 The Home Affordable Modification Program (HAMP) is part of the Federal Government’s Making Home Affordable (MHA) program. (No, I don’t know why HAMP includes “Program” as part of it’s title and the “Making Home Affordable” program does not.) The way
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SunTrust, its Attorney, Trustee Continue Illegal Foreclosure
SunTrust, its Attorneys, Trustee Continue Illegal Foreclosure in North Carolina McGrath & Spielberger works with borrowers to save their homes. As an attorney who represents mortgage loan borrowers and homeowners, I have encountered all sorts of bizarre and even illegal actions by banks, mortgage loan holders, mortgage loan servicers, and their representatives and agents. In this
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National Mortgage Settlement & CFPB Monitoring of Loan Transfers
National Mortgage Settlement and the Consumer Financial Protection Bureau’s Monitoring of Loan Transfers Are National Mortgage Settlement defendants transferring mortgage loans to other servicers in an attempt to avoid their obligations under the NMS? As an attorney who represents mortgage loan borrowers and homeowners, I am sensitive to the needs, complaints, and fears of my
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foreclosure-hearing-boa-case-columbus-county-feb-5-2013
Foreclosure Hearing – BOA Case, Columbus County, Feb. 5 2013 The following is a summary of a foreclosure hearing that McGrath & Spielberger assisted a borrower with, and is provided for informational purposes only. Foreclosure Hearing Outcome: Client’s Motion to Continue Foreclosure Hearing granted; foreclosure sale date canceled. Borrower’s Attorney: Jason A. McGrath of McGrath and Spielberger. Actions
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FHA Loan Mortgage Relief – Many More Borrowers Now Eligible
Changes in FHA Mortgage Relief / Loss Mitigation Policies Should Allow Many More Borrowers to Save Their Homes My law firm represents borrowers who are in need of assistance with their mortgage loans, and we do so in multiple states (FL, GA, NC, OH, SC, TN). Some of those homeowners have Federal Housing Administration (FHA)
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How BOA Tainted the Allegedly Independent Foreclosure Review
How BOA Tainted the Allegedly Independent Foreclosure Review The “Independent Foreclosure Review” (may it now rest in peace) was established as a result of a settlement of federal lawsuits against numerous mortgage loan lenders and servicers. The intent was to provide compensation to borrowers who were improperly foreclosed upon. Borrowers were supposed to be able
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Illegal Foreclosures by Banks in FHA Mortgage Loan Cases?
Are Lenders Improperly Foreclosing in FHA Mortgage Loan Cases? A must read for anyone with an FHA mortgage loan who is facing foreclosure. A court recently found that Countrywide Home Loans and Recon Trust Company violated Federal Housing Administration (FHA) regulations when it foreclosed but failed to follow FHA rules in doing so. The
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