Home › Forums › Financial Markets/Economics › loan work out attorney
- This topic has 20 replies, 4 voices, and was last updated 13 years, 8 months ago by
disimilar1.
-
AuthorPosts
-
May 4, 2011 at 11:08 AM #18777May 4, 2011 at 11:25 AM #692134
CoronitaParticipantDoes using “loan workout” attorney even work? I mean, I haven’t heard of any successful stories, with the exception that it just puts more money into the pockets of lawyers. I’d be curious to hear about success stories.
May 4, 2011 at 11:25 AM #693301CoronitaParticipantDoes using “loan workout” attorney even work? I mean, I haven’t heard of any successful stories, with the exception that it just puts more money into the pockets of lawyers. I’d be curious to hear about success stories.
May 4, 2011 at 11:25 AM #692952CoronitaParticipantDoes using “loan workout” attorney even work? I mean, I haven’t heard of any successful stories, with the exception that it just puts more money into the pockets of lawyers. I’d be curious to hear about success stories.
May 4, 2011 at 11:25 AM #692805CoronitaParticipantDoes using “loan workout” attorney even work? I mean, I haven’t heard of any successful stories, with the exception that it just puts more money into the pockets of lawyers. I’d be curious to hear about success stories.
May 4, 2011 at 11:25 AM #692207CoronitaParticipantDoes using “loan workout” attorney even work? I mean, I haven’t heard of any successful stories, with the exception that it just puts more money into the pockets of lawyers. I’d be curious to hear about success stories.
May 4, 2011 at 11:50 AM #692236briansd1
Guest[quote=flu]Does using “loan workout” attorney even work? I mean, I haven’t heard of any successful stories, with the exception that it just puts more money into the pockets of lawyers. I’d be curious to hear about success stories.[/quote]
Depends how you define success. If you want to extend the length of time you stay in the house, or do a short sale then “loan workout” could work.
If you want principal reduction to make the house “affordable” and stay there, then it’s likely a waste of money.
May 4, 2011 at 11:50 AM #692835Guest[quote=flu]Does using “loan workout” attorney even work? I mean, I haven’t heard of any successful stories, with the exception that it just puts more money into the pockets of lawyers. I’d be curious to hear about success stories.[/quote]
Depends how you define success. If you want to extend the length of time you stay in the house, or do a short sale then “loan workout” could work.
If you want principal reduction to make the house “affordable” and stay there, then it’s likely a waste of money.
May 4, 2011 at 11:50 AM #692982Guest[quote=flu]Does using “loan workout” attorney even work? I mean, I haven’t heard of any successful stories, with the exception that it just puts more money into the pockets of lawyers. I’d be curious to hear about success stories.[/quote]
Depends how you define success. If you want to extend the length of time you stay in the house, or do a short sale then “loan workout” could work.
If you want principal reduction to make the house “affordable” and stay there, then it’s likely a waste of money.
May 4, 2011 at 11:50 AM #692162Guest[quote=flu]Does using “loan workout” attorney even work? I mean, I haven’t heard of any successful stories, with the exception that it just puts more money into the pockets of lawyers. I’d be curious to hear about success stories.[/quote]
Depends how you define success. If you want to extend the length of time you stay in the house, or do a short sale then “loan workout” could work.
If you want principal reduction to make the house “affordable” and stay there, then it’s likely a waste of money.
May 4, 2011 at 11:50 AM #693331Guest[quote=flu]Does using “loan workout” attorney even work? I mean, I haven’t heard of any successful stories, with the exception that it just puts more money into the pockets of lawyers. I’d be curious to hear about success stories.[/quote]
Depends how you define success. If you want to extend the length of time you stay in the house, or do a short sale then “loan workout” could work.
If you want principal reduction to make the house “affordable” and stay there, then it’s likely a waste of money.
May 4, 2011 at 12:04 PM #692251SK in CV
Participant[quote=briansd1]
If you want principal reduction to make the house “affordable” and stay there, then it’s likely a waste of money.[/quote]Unless you happen to be Arizona Representative Carl Seel, who was prepared to propose a Chain of Title provision into Arizona state law. A funny thing happened on the day the bill was to be proposed…I’ll let someone else finish the story.
Carl Seel must have been in a very good mood the day of his unexpected tardiness, because even though he had been previously turned down twice for his own loan modification, two days before he showed up too late to propose the amendment, Ocwen granted him a PRINCIPAL REDUCTION that reduced his mortgage to $88,000 from roughly $190,000… that’s a reduction of approximately 56% give or take a few points one way or the other.
From nakedcapitalism.com
Arizona Representative Drops Chain of Title Notification Provision After Apparent Bribe by Servicer
May 4, 2011 at 12:04 PM #692850Participant[quote=briansd1]
If you want principal reduction to make the house “affordable” and stay there, then it’s likely a waste of money.[/quote]Unless you happen to be Arizona Representative Carl Seel, who was prepared to propose a Chain of Title provision into Arizona state law. A funny thing happened on the day the bill was to be proposed…I’ll let someone else finish the story.
Carl Seel must have been in a very good mood the day of his unexpected tardiness, because even though he had been previously turned down twice for his own loan modification, two days before he showed up too late to propose the amendment, Ocwen granted him a PRINCIPAL REDUCTION that reduced his mortgage to $88,000 from roughly $190,000… that’s a reduction of approximately 56% give or take a few points one way or the other.
From nakedcapitalism.com
Arizona Representative Drops Chain of Title Notification Provision After Apparent Bribe by Servicer
May 4, 2011 at 12:04 PM #692177Participant[quote=briansd1]
If you want principal reduction to make the house “affordable” and stay there, then it’s likely a waste of money.[/quote]Unless you happen to be Arizona Representative Carl Seel, who was prepared to propose a Chain of Title provision into Arizona state law. A funny thing happened on the day the bill was to be proposed…I’ll let someone else finish the story.
Carl Seel must have been in a very good mood the day of his unexpected tardiness, because even though he had been previously turned down twice for his own loan modification, two days before he showed up too late to propose the amendment, Ocwen granted him a PRINCIPAL REDUCTION that reduced his mortgage to $88,000 from roughly $190,000… that’s a reduction of approximately 56% give or take a few points one way or the other.
From nakedcapitalism.com
Arizona Representative Drops Chain of Title Notification Provision After Apparent Bribe by Servicer
May 4, 2011 at 12:04 PM #692997Participant[quote=briansd1]
If you want principal reduction to make the house “affordable” and stay there, then it’s likely a waste of money.[/quote]Unless you happen to be Arizona Representative Carl Seel, who was prepared to propose a Chain of Title provision into Arizona state law. A funny thing happened on the day the bill was to be proposed…I’ll let someone else finish the story.
Carl Seel must have been in a very good mood the day of his unexpected tardiness, because even though he had been previously turned down twice for his own loan modification, two days before he showed up too late to propose the amendment, Ocwen granted him a PRINCIPAL REDUCTION that reduced his mortgage to $88,000 from roughly $190,000… that’s a reduction of approximately 56% give or take a few points one way or the other.
From nakedcapitalism.com
Arizona Representative Drops Chain of Title Notification Provision After Apparent Bribe by Servicer
-
AuthorPosts
- You must be logged in to reply to this topic.