At the start of the foreclosure crises, personal finance experts urged struggling homeowners to contact their lenders if they started to fall behind on their mortgages. The lenders want to do everything they can, homeowners were told, to avoid a foreclosure.
Now, the experts aren’t so sure that’s the case.
Consumers who have jumped through a frustrating series of hoops to achieve a mortgage modification – a lower interest rates or more manageable payments – are convinced that old conventional wisdom is flawed.
Yes, the Servicers are so well compensated by the United States Government by your tax dollars, they would rather foreclose, claim an lost and get the Private Mortgage Insurance. You need to sell short, get free and clear, for your Up Side Down Mortgage, then you will begin to live again. Do not be slaves to foreign powers, this is our country, take it back, give back the real estate and then rent it from our buyers. Then we help you get a new loan, you repurchase at current fair market value. Not Up Side Down, you will have equity, this is time for taking back America. Give up your home, give up the Up Side Down Mortgage, you need to understand how you were ripped off, give it back. Our service is FREE.
I wanted to refi to lwr my int rate from 6 1/8 to 4.8 and thus lwr monthly pymt. However just bought house a bit over a year ago so with the new ltv rule closing costs were increased by 3000 dollars. I thought govt wanted to help.
Sorry Stephanie, if the gov’t wanted to help you would be center stage but only the rich are getting richer. That’s why you hear about millions and billions going to the powerful and rich, not you.