Is Your Lender Reluctant To Help You Modify Your Loan?

Lenders are very reluctant to give principal balance reductions. Mortgage litigation has helped homeowners obtain the relief they deserve. Have an attorney review of your loan documents for free.

Principal Reduction Plan: How to Get a Principal Reduction

April 26, 2011
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The principal reduction plan most lenders have for you is to never get one. This claim is not exactly difficult to substantiate. Most loan modification applications fall on the desk of overwhelmed clerks in loss mitigation departments. These “clerks” you will ultimiately talk to do not make decisions about your loan. It is merely their [...]

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Principal Reduction Alternative

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If you are seeking a principal reduction alternative you may have just found the right place. In this article we explain the most common sources of principal reductions and their modern alternatives. Most homeowners have achieve principal reduction by one of two traditional means: by either paying more towards their principal balance each month, or [...]

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What is Principal Reduction?

April 25, 2011
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For most homeowners, principal reduction is a mystery. Some people think they may be able to achieve mortgage principal reduction through a loan modification. Others think they can do so through bankruptcy or through effective litigation. Traditionally, principal reduction has only been achieved by paying more each month to your principal above and beyond your [...]

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Loan Fraud: How Can Linda Green Sign Ownership Documents of Thousands of Loans?

April 22, 2011
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A recent 60 Minutes expose provided detailed evidence of a lender outsourcing the fraudulent signing of the name Linda Green on tens of thousands of loan documents. One angry consumer that had her home in foreclosure discovered that the Vice President that signed the ownership rights document on her loan (after the home was in [...]

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Principal Reduction Lawsuits: Legal Bases of Ongoing Cases

April 22, 2011
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One of the most common questions asked about lender litigation in the course of principal reduction lawsuits is exactly what are the grounds of the lawsuits? This is, on the face of it, seems like a rather simple, straight forward question. From the perspective of the person asking the question, it is. From the perspective [...]

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Principal Reduction: How to get it done

April 5, 2011
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If you are trying to get a principal reduction on your mortgage through your lender, you have probably met with some significant resistance from your bank. Lenders have no incentive to reduce your principal balance. They don’t care if your home is worth only half of the loan amount. Most people try to reduce their [...]

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