Pages Navigation Menu

Helping Brokers, Buyers and Sellers

Tax on Principal Forgiviness

Posted in Principal Reduction, taxes

Folks underwater holding their breath Keith Harney Thanks to Seattle Times  September 13, 2014 It appears Congress will extend a...

Read More

$157,105 Wells Fargo Principal Reduction

Posted in Mortgage Modification, Principal Reduction

JS is a hard working taxi driver. He came to us after a financial hardship, including a divorce. Ocwen is his servicer, however, the...

Read More

Fannie and Freddie – No Principal Reductions

Posted in Principal Reduction

The reason foreclosures will continue  By Paul McMorrow Thanks to the Boston Globe February 19, 2013 A year ago, 49 states and the federal...

Read More

Happy Clients

Posted in Mortgage Modification, Principal Reduction, Second Mortgages

I only post a quarter of the modifications we complete, and I have not posted any of them for some time.I will get caught up on that job...

Read More

Tax on forgiveness of mortgage debt

Posted in Bankruptcy, Principal Reduction

Current law relieves mortgage debtors from having to report forgiveness of mortgage debt through principal reduction as income –...

Read More

This may be the best time to modify

Posted in Principal Reduction

The five biggest lenders – Bank of America, Chase, GMAC, Citi, and Wells Fargo – have $25 billion to use giving principal...

Read More

Iceland forgives mortgage debt

Posted in Principal Reduction

Iceland forgives mortgage debt to save its economy by J. D. Heyes (NaturalNews) It’s probably not a concept that most U.S. banks and...

Read More

Principal Reductions – If House Is Underwater

Posted in Principal Reduction

HUD secretary says some homeowners received $100K+ in principal reductions By Justin T. Hilley May 8, 2012 • 12:12pm Some families living...

Read More

Banks Lowering Principal On NegAm Loans

Posted in Principal Reduction

As millions of Americans struggle in foreclosure with little hope of relief, big banks are going to borrowers who are not even in default...

Read More

Modification Guidelines

Posted in Bankruptcy, Foreclosure, Mortgage Modification, Principal Reduction

Read the Hamp Handbook here. It will answer a lot of questions. Lenders may but are not required to reduce principal balances in a...

Read More

Tags

Subscribe To Our Newsletter

Subscribe To Our Newsletter

Sign up to receive helpful information from attorney James Robert Deal about seller-finaincing, lease-option deals, wrap-around deals, and mortgage modification.

You have Successfully Subscribed!