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HOPE NOW: 133K loan mods in 1Q2014

 · For the past few weeks, we have been hearing rumors that foreclosure law firm Aronowitz & Mecklenburg was being sold to a Texas-based law firm. We now heavily suspect Aronowitz & Mecklenburg has been sold to Barrett Frappier & Weisserman, LLP – a Dallas-based law firm. Barrett Frappier & Weisserman, LLP are operating from the same address and.

HOPE NOW is an alliance between HUD approved counseling agents, servicers, investors and other mortgage market participants that provides free foreclosure.

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HOPE NOW is reporting that servicer-members of its alliance completed 43,000 mortgage loan modifications during the month of April, down 8 percent from the 47,000 modifications done in March. These modifications, done through proprietary programs do not include the April modifications completed by servicers through the home affordable mortgage program (hamp) which are reported separately.

A loan modification is a great alternative to foreclosure. LoanMod.com (aka Mizna) helped me complete a loan mod with my current lender. Of all the companies I researched to help me avoid foreclosure, loanmod.com was the most credible and even has a feature in this month’s issue of Forbes:

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Fewer banks tighten mortgage underwriting standards Banks tighten standards for commercial loans, credit card borrowing. In the most recent Survey on bank lending practices, senior loan officers report that banks tightened lending standards.

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Hope and time are running thin for a local woman diagnosed with. Now he can overnight a check anywhere in the U.S. by the next business day, ‘Qualification for 100% Combined Loan-to-Value ratio (CLTV) is based on credit history and other factors, Approval, which is subject to normal.

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