Comments on: Mortgage Servicers Will Have To Tell You Why You Were Denied HAMP Modification http://www.michiganmortgageattorney.com/mortgage-servicers-will-have-to-tell-you-why-you-were-denied-hamp-modification/ 24001 Greater Mack St. Clair Shores MI 48081 • (877) 817-9506 Sun, 22 Jan 2012 13:45:28 +0000 hourly 1 http://wordpress.org/?v=3.3 By: citibank suspends foreclosures and evictions http://www.michiganmortgageattorney.com/mortgage-servicers-will-have-to-tell-you-why-you-were-denied-hamp-modification/comment-page-1/#comment-2547 citibank suspends foreclosures and evictions Thu, 17 Dec 2009 20:38:34 +0000 http://www.michiganmortgageattorney.com/?p=479#comment-2547 [...] the 100,000 modifications they claim to have done under HAMP, a staggering 270 have become [...] [...] the 100,000 modifications they claim to have done under HAMP, a staggering 270 have become [...]

]]> By: Scott Showers http://www.michiganmortgageattorney.com/mortgage-servicers-will-have-to-tell-you-why-you-were-denied-hamp-modification/comment-page-1/#comment-2530 Scott Showers Fri, 06 Nov 2009 12:17:06 +0000 http://www.michiganmortgageattorney.com/?p=479#comment-2530 I recently had a client that apparently did not meet the qualifications of the government program but supposedly met the loan service providers criteria. Bottom line, loan servicer did a modification that lasts only two years and now the client owes more on his house than what he paid for it. This is a sham, the guy is going to be worse off when his rate goes back up in two years with a higher principle amount of money! I recently had a client that apparently did not meet the qualifications of the government program but supposedly met the loan service providers criteria.

Bottom line, loan servicer did a modification that lasts only two years and now the client owes more on his house than what he paid for it.

This is a sham, the guy is going to be worse off when his rate goes back up in two years with a higher principle amount of money!

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