Litton Loan Servicing is generally regarded as the worst loan servicer to work with on a loan modification by attorneys and other real estate professionals. Although a Litton loan modification is difficult, it is not impossible, and homeowners with a Litton loan should not lose hope. Litton loan modification is possible, it’s just very time read more »

As a loan modification lawyer, many people ask me about HUD loan modification programs, well the reality is, there really aren’t any HUD loan modification programs per se, but HUD is somewhat involved in loan modification. Some background: the U.S. Department of Housing and Urban Development (HUD) is the lead government agency on all federal read more »

Bank of America loan modification complaints have increased substantially in recent months. In terms of helping struggling borrowers modify loans, Bank of America has quite a poor reputation.  Not only has the lender had multiple lawsuits filed against them for the lack of assistance they offer to struggling borrowers, they consistently manage to receive the read more »

In many instances, homeowners who need a loan modification also have other debts burdening them and file bankruptcy as well.  Bankruptcy and loan modification have become a pretty common combination for a complete financial fresh start. There are two types of bankruptcy most commonly filed by homeowners, chapter 7 and chapter 13. The numbers refer read more »

Commercial loan modification services companies and attorneys often offer a variety exciting promises to commercial building owners.  Unfortunately, these services often fail to produce the results they promise.  In most cases, the services that commercial loan modification service companies can offer will be limited to document review and follow up. Challenges with Commercial Loan Modification read more »

Non-owner occupied property has historically been part of a good diversified investment portfolio. With home prices declining however, many investors are looking to loan modification on non-owner occupied property as a way to salvage these investments. Federal Loan Modification on Non-Owner Occupied Property Most federal loan modification programs don’t apply to non-owner occupied properties or read more »