North Orange County Real Estate» loan modification http://www.debbiefranklyn.com Helping You Find Your Dream Home Since 1983 Tue, 27 Jul 2010 21:26:38 +0000 en hourly 1 http://wordpress.org/?v=3.0 Banks Slow to Modify Mortgages…US Treasury Dept reports http://www.debbiefranklyn.com/news/banks-slow-to-modify-mortgages-us-treasury-dept-reports.htm http://www.debbiefranklyn.com/news/banks-slow-to-modify-mortgages-us-treasury-dept-reports.htm#comments Wed, 19 Aug 2009 19:43:04 +0000 Debbie http://www.debbiefranklyn.com/?p=336 Read More]]> An article in the L.A. Times discusses how some banks are making up excuses by telling home owners that they do not qualify for a loan modification because….. My associate Dan Dobbs, loan manager at
949 250-3981  who made me aware of this article states that the banks are not following the Obama Plan as they should. Basically, the article is about some banks who are making it difficult for homeowners to obtain the loan modifications they may be qualified to obtain.

If you would like a copy of the Plan, please let me know and I will send it to you.

]]> http://www.debbiefranklyn.com/news/banks-slow-to-modify-mortgages-us-treasury-dept-reports.htm/feed 0 Foreclosure and Loan Modifications http://www.debbiefranklyn.com/news/foreclosure-and-loan-modifications.htm http://www.debbiefranklyn.com/news/foreclosure-and-loan-modifications.htm#comments Mon, 10 Aug 2009 22:19:27 +0000 Debbie http://174.132.190.221/~carmi1/?p=156 Read More]]> There is so much information out there about foreclosure and loan modifications in the news that the consumer does not know what to believe. I am in the process of gathering information to benefit the consumer. Therefore, I ask you to please send me your questions or post them here so that I can research them and post the correct information.

My view as a Real Estate Broker is to advise and educate when I can. Please post your questions here. You may also send me an email if you wish at Debbie@DebbieFranklyn.com. It would be my privilege to help you.

]]> http://www.debbiefranklyn.com/news/foreclosure-and-loan-modifications.htm/feed 0 Paperwork Needed for Loan Modifications http://www.debbiefranklyn.com/property/paperwork-needed-for-loan-modifications.htm http://www.debbiefranklyn.com/property/paperwork-needed-for-loan-modifications.htm#comments Mon, 10 Aug 2009 22:15:27 +0000 Debbie http://174.132.190.221/~carmi1/?p=165 Read More]]> Video helps homeowners gather paperwork 
For faster mortgage help Freddie Mac has produced a video that shows late-paying
borrowers how gathering a few financial
documents before calling a mortgage servicer can cut the time needed
 to determine their eligibility and process their
application for a loan modification under the Making Home
Affordable program or Freddie Mac's other workout initiatives.
Available in English and Spanish versions, the new Freddie Mac video,
“Stop Foreclosure: Documents Your Lender Needs to Help
You” can be seen at Freddie Mac’s channel on YouTube at
 http://takeaction.realtoractioncenter.com/ct/Pp_DIU11V4DH/.
The two-minute video shows step-by-step which documents
borrowers should have on hand when
they call their servicer to discuss loan modifications.
These documents can cut the time a servicer will need to understand
the borrower's situation,
determine his or her eligibility for a workout,
and process the application.
More info:  http://takeaction.realtoractioncenter.com/ct/P1_DIU11V4DR/
 
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