Entries from Dan Melson's Website tagged with 'loan modification'

UPDATED Consumer Article: Refinancing When You Owe More Than The Home Is Worth

This morning I updated my popular article Refinancing When You Owe More Than The Home Is Worth, talking about the changes in the possibilities since I originally wrote it. I really want to be writing more original stuff, but...

New Consumer Article: Why You Should Not Walk Away From Upside-Down Real Estate

Today's new consumer article is Why You Should Not Walk Away From Upside-Down Real Estate. You shouldn't, if there is any alternative. Doing so takes a theoretical loss on paper and turns it into something concrete with real world consequences....

New Consumer Article: When Loan Modification Will Not Help, or Is Not Appropriate

Today's new consumer article is When Loan Modification Will Not Help, or Is Not Appropriate, in which I write about the major situations where trying for a mortgage loan modification will not help you....

New Consumer Article: How Loan Modification Benefits The Real Estate Markets

Today's new consumer article is How Loan Modification Benefits The Real Estate Markets, in which I discuss the benefits that everyone, even those who aren't in trouble, get out of the loan modification program. A lot of people get upset...

New Consumer Article: Mortgage Loan Modification

Today's new consumer article is Mortgage Loan Modification, in which I discuss the basics of a program that lenders are cooperating with that keeps people in their homes and prevents the lender from losing money they don't have to. I...

Mortgage Loan Modification

I have just attended an initial introductory briefing on Mortgage Loan Modifications. I still have a lot to learn, but over the next few days, I will be writing on my understanding of the program - what is likely and...