Susan V. Gregory's Blog

There finally is light at the end of the tunnel for desperate homeowners-no, it's not an oncoming train-it's actually a meaningful, aggressive mortgage loan modification plan for both first trust deeds and second loans.  President Obama's federal loan modification program has been extended to inc...

Struggling Countrywide borrowers have two different options to get a lower mortgage payment using the federal Home Affordable plan.  The lender is finalizing their agreement with the Feds to offer both options to it's clients, and has already begun accepting applications.  This new Obama program ...

Struggling Wells Fargo borrowers have two options to get a lower mortgage payment using the federal Home Affordable plan.  The lender has been approved to offer both options to it's clients, and has begun accepting applications.  This new Obama program features a refinance plan and also a loan mo...

Struggling homeowners who have been frustrated trying to get a loan modification may finally be given a life line with the Home Affordable program.  This federally funded plan offers an aggressive and streamlined method of reducing mortgage payments to an affordable amount.  Since it's announceme...

Countrywide Bank has announced an extension to a foreclosure moratorium until April 30, 2009.  The lender is in the process of getting approved to offer the Treasury Department's loan modification plan, Home Affordable.  Once Countrywide finalizes their agreement, they will be able to offer this ...

Wondering how to do a loan modification so you can afford to stay in your home?  It can be confusing-with all of the conflicting and changing information-it might be hard to know where to start.  Finding a solution to avoid losing your home is serious stuff.  You need to take a little time to do ...

Did you know that how your prepare your loan modification forms will be the main factor in whether you get approved or not?  The information that you provide on your application is largely what determines your eligibility.  Your bank will review your paperwork to make sure that you meet their app...

Getting a Chase loan modification does not have to be a shot in the dark-you can greatly increase your chances of success when you have a few do it yourself tips about how the approval process works.  Although not everyone will qualify, a successful borrower will be able to prove that they can me...

Maybe you are frustrated because of difficulties with applying for a Wachovia loan modification.  The lender has been pretty uncooperative with homeowners asking for a mortgage modification to lower their payment.  But now with the Obama federal loan workout plans, Wachovia will actually be paid ...

The average homeowner can use these 4 Simple Steps to Success to get the Countrywide loan modification they need and get a low, affordable monthly payment.  You do not have to be an expert or professional or pay thousands of dollars.  The secret is simple-take the time to learn and prepare before...