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Bank Sued For Letting Foreclosed Properties Rot

Posted in Lenders

View PhotoReuters/Reuters – A statue is pictured in front of the former head quarters of Germany’s largest business bank,...

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Jumbo Modification

Posted in Lenders, Mortgage Modification

A residential property where the first loan was more than around $729,000 at the time of the default is not eligible for modification...

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GMAC Modification Makes Contractor Happy

Posted in Lenders

8-31-12 VZ is a hardwood floor layer and general contractor. His business tanked when the Great Recession set in. He got behind on his...

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Successful EMC Modification

Posted in Lenders

We have several modifications going with EMC. So far EMC seems to be reasonable to work with. Meanwhile, EMC is being sued. A young couple...

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EMC Sued

Posted in Lenders

Keller Rohrback LLP has announced that a class action has been filed in the United States District Court for the Eastern District of...

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GMAC

Posted in Lenders

I have found GMAC to be reasonable to work with in some cases, very inflexible in others. In one case I was able to negotiate a $10,000...

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