An amazing mortgage modification

Mortgage Modification
by: Jonathan Goldsmith Cohen
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Ready for an amazing mortgage modification? An historic settlement with Bank of America announced on August 21, 2014 provides for seven billion dollars of relief to homeowners with loans currently held by Bank of America. This relief is going to come in the form of unbelievable loan modifications with incredibly low interest rates (how does a 2% fixed interest rate for the remainder of your loan term sound?) and principal reductions!

FREE Mortgage Modification ConsultationCLICK HERE NOW!!!

Get in touch with the office now for a free confidential consultation to see how we can help you take advantage of this settlement. It does not matter if you were denied for a modification before, or if your loan was already modified. We cannot wait to help you get the relief you are entitled to under this settlement! Do not try this on your own. Pursuant to the new HUD regulations under Reg X and Reg C, you may only get one chance to get a modification. Don’t blow it by putting in a shoddy mortgage modification application without the help of an attorney whose practice is dedicated exclusively to mortgage modifications and bankruptcy law. You need to be able to meet with me and my staff in person as necessary. In addition, the guidelines for mortgage modification programs change weekly. We are on top of the changing guidelines and procedures. We can predict what you will qualify for with 90% certainty. This isn’t simply an act of filling out paperwork. We take an in-depth and comprehensive approach to get you the best mortgage modification terms possible.

Are you eligible under the Bank of America settlement for serious relief and a great mortgage modification? You are if your loan was ever originated, sponsored, securitized by:

  • Countrywide
  • Bank of America
  • CW
  • First Franklin
  • Morgan Stanley

Ok, you see some legalize above. Let’s briefly define originated, sponsored, securitized:

Originated: Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. For example, did you initially apply for a Countrywide mortgage? If so, then your loan was originated with Countrywide and you would qualify for relief under the Bank of America Settlement.

Sponsored: A government-sponsored enterprise (GSE) is a financial services corporation created by the United States Congress. GSEs include Fannie Mae and Freddie Mac. Here, loans originated by the above-mentioned companies were packaged and sold to Fannie Mae and Freddie Mac. If your loan originated with, say, Countrywide, and was packaged and sold to Fannie or Freddie, it’s time to get you a loan mod through the BOA settlement.

Securitized: Securitization is the financial practice of pooling various types of contractual debts, such as residential mortgages. These pools of debts are sold as bonds or other types of investment vehicles to investors. For example, if you had a Countrywide mortgage, it was most likely securitized into bonds and sold as an investment to bond holders.

Do these terms seem overwhelming? Don’t sweat it. We are here to help and walk you through this step by step. We can determine if your loan was originated, sponsored, securitized by Countrywide, CW, First Franklin, or Morgan Stanley. Most likely, your loan is currently with Bank of America.

Remember, you will only see a great modification if you work with us on your loan modification. Otherwise, the bank will take advantage of you and not offer you the best terms available. Let us take on the worry and anxiety of modifying your mortgage. We look forward to hearing from you and being of assistance!

FREE Mortgage Modification ConsultationCLICK HERE NOW!!!