Monday, August 19, 2013

Loan Modification Update

August 19, 2013
We  executed a permanent loan modification agreement with Nation Star on behalf of BOA for a client today- $36,194 principal reduction with 4% interest. (in house modification).

July 26, 2013
Loan modification BAC principal write off $66147.91 interest 7.7% (in house)

May 13, 2013
Wells Fargo modification 4% no principal reduction (in house)

March 7, 2013
We got a HAMP TIER II from Ocwen for a client
Principal balance is $ 66,500.00 new int rate 4.250% fixed  loan now 287 mos. principal reduction was $146,250.27.