Category: Blog Post

On October 6, 2025, the Supreme Court of the United States denied certiorari in U.S. Bank N.A. as Trustee v. Fox, No. 24-1178, in which Erin secured a dismissal of a residential mortgage foreclosure action. US Bank, along with three separate banking associations, had asked the Supreme Court to take up the case. Erin filed...

On December 6, 2021, Governor Hochul announced that New York was approved to receive up to $539 million in federal homeowner assistance funds. According to New York’s website for this program, homeowner assistance funds are available to individuals who are: Behind or in forbearance on their mortgage In default on a reverse mortgage Behind on...

On December 6, 2021, Governor Hochul announced that New York was approved to receive up to $539 million in federal homeowner assistance funds. Applications will be accepted beginning Monday, Jan. 3, 2022. ”To learn more, residents can visit the HAF Website or contact the New York State Homeowners Assistance Fund Call Center at 1-844-77-NYHAF.” If...

New York State recently enacted special regulations for homeowners affected by COVID-19 and whose forbearances are ending. New York Banking Law Section 9-x(3) allows a borrower to select one of three repayment options for a COVID-19 related forbearance. Below are the specific options detailed in Section 9-x(3)(a-d): Extend the term of the loan for the...

We are here to help you apply for a loan modification, forbearance plan or other workout option with your lender. Our Loan Modification Services team is here to guide you through the process from start to finish. We will negotiate with the bank to lower your mortgage payment, help you get caught up on payments...

Como lo explicamos en nuestra guía gratis de modificación de préstamo, una aplicación puede retrasarse o hasta ser negada por el más mínimo error. Si el banco rechaza su aplicación inicial por olvidar llenar una parte del formulario, dejar alguna fecha en blanco o falla en presentar los documentos de soporte, esto retardaría el proceso. La...

Que tipo de ayuda en la modificación del préstamo necesita? • Quiero llenar la aplicación de modificación de préstamo yo mismo y solo quiero una guía de modificación de préstamo. • Quiero llenar la aplicación de modificación de préstamo yo mismo y solo quiero que un abogado la revise.  • Quiero trabajar con alguien que me ayude a...

According to Housing Wire, the average rate for a 30-year fixed mortgage was 3.07%, down from 3.13% last week, based on data reported by Freddie Mac. What does this mean for loan modifications? It depends on your servicer as well as the entity that owns your loan. Most likely, neither your servicer nor the owner...

We have never filled out a loan modification application that we liked. Every single application we have seen seems like it was designed in a hurry. Clients complained about confusing hardship sections, questions that didn’t make sense, or asking for the same information over and over again. You don’t have time for that, and we...

What kind of loan modification help do you need? I want to fill out my loan modification application alone and just want a free loan modification guide I want to fill out my loan modification form by myself and just have a lawyer review it I want to work with someone to help make sure...

Banks consider a number of factors when they decide whether or not to offer you a loan modification. One very common factor is the debt-to-income, or “DTI” ratio. The bank will likely aim for a debt-to-income ratio of around 31% (depending on the investor, the servicer, whether you have a Freddie/Fannie loan and other factors)....

If your loan modification was denied, you need to take immediate action to enforce your rights. An experienced loan modification lawyer can help you with that. It is important to review the denial and respond to the bank in writing concerning the denial. If the bank follows the rules and is straightforward about why it...