Walt Gray interviewer for California’s KCRA Channel 3 digs deeper into the foreclosure audit scam that is sweeping across the state. Attorney General Jerry Brown held a news conference last week warning of the dangers regarding phony foreclosure specialists….read the rest of this story. US Loan Auditors is one of the legitimate loan-auditing companies out [...]
Continue reading...Wednesday, March 24, 2010
What is a loan modification? A loan modification is a fixed and permanent change to one or more terms of a mortgage, resulting in more favorable interest rate and payment requirements for the borrower. Is it different from “refinancing”? Yes, refinancing a home loan requires the expenditure of closing costs, appraisal fees, origination, documentation and other junk fees. [...]
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Thursday, March 25, 2010
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