Barbara's Blog

Received a TN Modification approval with B of A - this is an in house modification. Original payment was 4294.95 with escrows- new payment is 2161.26 with escrows. Homeowner was past due over a year or 65k behind. Congradulations Mrs Burns in Tn. : ) Yesterdays Foreclosure Where persistence = res...

We completed a CA Mod. Payment went from 2,335.01 to 730.45 at 3% with taxes and insurance included. Borrower was over 20k delinquent on their taxes and 15k delinquent on their loan. This is a step ladder mod so the peak rate will be 6% with final payment being $1226.08 - this was a doozy but bec...