Loan modification process is often sought by homeowners who wish to stop foreclosure of their mortgage loan. This has been common problem for many people who eagerly agreed to take up the loan, mortgaging their property. When they actually missed paying back the loans, the bank makes an intervention and decides to foreclose the loan by selling the property. [Read more…]
Mortgage Foreclosure Loan Modification
Troubled homeowners start thinking about stop foreclosure and loan modification when they are at the last stage where they have no more funds to repay the loan to the bank. Although the problem was quite expected, yet homeowners tend to ignore it at the earliest stage, instead of taking precautions and end up in an embarrassing situation. [Read more…]
