ratemodify.com modify's (mrloanmod) Blog

OBAMA PLAN HELPS WASHINGTON The recent anti-foreclosure bill passed by Congress, aimed at helping millions of struggling borrowers keep their homes, allows for qualified homeowners to swap out a high-interest rate for a 30-year fixed loan backed by the Federal Housing Administration.   Under the ...

UNEMPLOYMENT DRIVES FORECLOSURES IN WASHINGTON Has job loss forced you into an unavoidable foreclosure?  If so, you are among an exploding number of unemployed Washingtonians now unable to make payments on high-interest-rate loans, many now jumping from adjustable to high-fixed rates.  A growing ...

OBAMA PLAN AVOIDS FORECLOSURES IN WASHINGTON With a loan modification under the Obama Plan regulations, Washington homeowners have a greater chance to avoid foreclosure than was ever possible.  As most have seen in the news, a great number of changes have occurred in recent months which have impa...

HELP FOR SENIORS FACING FORECLOSURE IN WASHINGTON Seniors in fear of losing their homes due to foreclosures often become easy targets for unscrupulous companies selling "predatory loans."  Trusting homeowners who have retired or are now living on social security are a rising group of Washington b...

OBAMA PLAN SAVES WASHINGTON HOMEOWNERS The Obama Adminstration's Loan Modification Plan has opened a new door of help for Washington homeowners now facing foreclosure, or those about to lose their home.  Under new regulations, home loans issued before or on Jan. 1, 2009 will now quality for a loa...

LOAN MODIFICATION SCAMS IN WASHINGTON   Numerous Washington state residents have fallen victim to the mounting housing market crisis, with the majority of these homeowners undergoing hardships, including medical bills, divorce, loss of job, and unaffordable home loans.  Avoiding loan modification...

LOAN MODIFICATION FRAUD IN WASHINGTON With loan modification being the fastest growing business in America, loan modificationfraud is likewise looming over distressed homeowners in Washington.  Modificaton companies charging to negotiate with the bank on behalf of the borrower have become increas...

LOAN MODIFICATION HELP FOR HOMEOWNERS IN WASHINGTON   As fear grows that there is no loan modification help for homeowners in Washington, the number of U.S. households faced with losing their homes to foreclosure jumped 32% in just one month last April.  More than 342,000 households, or one in ev...

AVOIDING FORECLOSURE IN WASHINGTON    Many Washington homeowners are in over their heads with unaffordable payments and overwhelmed trying to avoid foreclosure.  However, a number of them find that avoiding foreclosure while obtaining a more affordable loan is easier than they think.  As reported...

FORECLOSURES AND HOME VALUES IN WASHINGTON As foreclosures influence falling home values in Washington, homeowners are currently watching more and more For-Sale signs sprout up in front of houses in their neighborhoods.  In the past three months alone, approximately one million homes were foreclo...