Refinance
Why banks want you all alone when negotiating a loan modification
They are telling you to run away from loan modification companies who charge a fee. They are paying the politicians to introduce laws making it difficult for you to hire an attorney when negotiating a loan workout. They want you to contact them directly and without the assistance of an advocate. They are scaring you [...]
Read Full Post | Make a Comment ( None so far )Melfi v. WMC Mortg. Corp
APPEAL FROM THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF RHODE ISLAND. Hon. Mary M. Lisi, U.S. District Judge.
Melfi v. WMC Mortg. Corp., 2009 U.S. Dist. LEXIS 1454 (D.R.I., Jan. 9, 2009)
DISPOSITION:
Affirmed.
COUNSEL: Christopher M. Lefebvre with whom Claude F. Lefebvre and Christopher M. Lefebvre, P.C. were on brief for appellant.
Jeffrey S. Patterson with [...]
Expanding the Making Home Affordable program
The Making Home Affordable program may be further expanded to help more underwater homeowners refinance their mortgages.
Though mortgage rates have crept up in recent weeks, current interest rates are more favorable than they have been in the past few years.
However, many homeowners have been unable to take advantage of the low rates thanks to loan-to-value (LTV) constraints, [...]
