Home Loan Modification Articles
Media and Journalists Offer Little Help or Information for Troubled Homeowners
"If you don't know what you are talking about then you shouldn't talk." This is a lesson that most people learn at some point in life. Of course everyone knows a jackass that has yet to learn this simple little life lesson. Apparently this is a lesson many of the journalists currently writing "Loan Modification" advice articles have never learned.
Posted on Dec 15 2009 by PMC
Choosing a Loan Modification Company - Perception vs. Reality
Current statistics show that one in four American homes with mortgages is either currently in foreclosure or imminently faces foreclosure. This 25% statistics is estimated to reach 50% by the end of 2011.
Posted on Dec 15 2009 by PMC
Cause and Effect: How is Foreclosure Currently Effecting the United States?
We all may have a generic idea of what foreclosure is, and that it can be one of the most discouraging and life changing events; but what created this financial phenomenon? How did this problem then lead to further problematic events?
Posted on Jul 28 2009 by PMC
Lawyers and Loan Modification
When it comes time to deal with the overwhelming stresses of a home foreclosure, a rash or uninformed decision concerning who you should engage for help could cost you dearly. Do you choose a lawyer, as a host of lemming like article writers advise? Should you rely upon yourself and...
Posted on Jul 08 2009 by PMC
Contemplating Loan Modification? Some Simple Truths.
In a June release, Biz Journals reported, "Nationwide, 321,480 foreclosure filings were reported in May, which is six percent lower than April 2009, but about 18 percent higher than May 2008. One in every 398 U.S. homes received a foreclosure notice last month." According to a CNN article published on June 9, 2009, ..."approximately $75 billion...
Posted on Jun 19 2009 by PMC
Really? Free Loan Modifications?
Are Free Loan Modifications Really Free? We have all heard the saying, "You get what you pay for." So what do you get if you pay nothing for a home loan modification?...
Posted on Jun 17 2009 by PMC
What is Loan Modification?
There is a lot of confusion and misinformation out there regarding loan modification and loan modification companies. In February of 2009 President Obama signed into law the Troubled Asset Relief Program or TARP1 legislation. This legislation included 75 billion dollars allocated to loan modification and refinancing. A significant portion of President Obama’s stimulus package is focused directly at helping American citizens facing foreclosure...
Posted on Jun 17 2009 by PMC
Live Chat
PMC, My brother tells me you might be able to help my husband and I sort through getting our mortgage modified with Wells Fargo. I have been in a never ending loop with them for about 4 mths now and seem to be getting nowhere. He thought you might be able to be of some assistance maybe at least...Read more »