De Novo Law Firm has helped numerous Riverside and San Bernardino property owners short sale their home. If you are seriously underwater on your home and delinquent on payments, a short sale attorney can help you determine the legal and financial consequences of a short sale. A short sale is a sale of your property […]
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Leading Riverside Bankruptcy and Loan Modification Attorney Opens Office on Arlington RIVERSIDE, Ca – De Novo Law Firm, a leading bankruptcy and loan modification law firm based in Riverside, California, today announced the opening of a new office at 3637 Arlington Ave, Suite D. The new office will serve customers in the Inland Empire seeking an
Principal Reduction Modification with Bank of America Although principal reduction is rare for a loan modification, we have been successful in obtaining loan modifications with principal reduction for our clients in Riverside County. A recent loan modification we obtained for a client saved the clients both on their monthly payment as well as significant principal
As Riverside Foreclosure Attorneys, we often read about the potential settlements between banks and large investors. A recent article on CNN points out that Wells Fargo faces new fines for lending law violations. Wells Fargo has announced potential “legal costs” of $1 billion for its violation of lending laws by its mortgage division. Although the
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ABC 7 recently reported on a homeowner who did everything she could to keep her home. Like so many Californians, after losing her job, Monica Kenney did everything she could to keep her home, even applying for a loan modification. She thought she got good news last summer. “Essentially, I received a forbearance agreement on
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This week the L.A. Times reported that foreclosures are down from a year ago, and holding steady month-to-month throughout the U.S. An expert quoted in the article, CoreLogic executive Anand Nallathambi, said, “Since the foreclosure inventory is also coming down, this suggests that loan modifications, short sales, deeds-in-lieu are increasingly being used as an alternative
Nadya Suleman, otherwise known as “Octomom,” has filed for Chapter 7 bankruptcy protection. Suleman listed $50,000 in assets against up to $1 million in debts, according to papers filed April 27th. The mom of 14 has been out of work and struggling financially for years. Creditors listed include Verizon Wireless, Sparkletts, Indy Mac Mortgage, Orkin
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A recent article in the Press Enterprise states that home sales in the Southern California area have reached their highest level in the last 5 years. The article goes on to state that home sales have been spurred by cash buyers and investors looking for properties under $300,000. The article also shows that the average
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Flagstar Bank is one of the largest banks headquartered in the midwest. It is also one of the larger mortgage lender and does a significant amount of business in wholesale mortgages. I recently had a client approach me with a home financed through Flagstar Bank. While the loan was a standard mortgage with Flagstar, it
The majority of my clients live in Riverside and San Bernardino County. Occasionally my clients refer me to people who live outside those area and I am happy to help those clients. If you like what you read and are considering modifying your loan with Chase, contact us today at (951) 801-5570. I recently obtained
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