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Loan Modification

Riverside Loan Workout Attorneys – Wells Fargo Modification with Principal Reduction

1 Comment / Alternative to Foreclosure, Foreclosure Attorney, Loan Modification /

Wells Fargo is one of the largest banks in the nation, thus many homeowners have mortgage loans with them. The real estate attorneys at De Novo Law Firm have worked with many homeowners in Ontario, Pomona, Corona, Rialto, Hemet and all of Southern California whose mortgage loan were with Wells Fargo. We recently obtained a […]

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Bank of America Loan Modification Attorney – Riverside Loan Modification

Alternative to Foreclosure, Bankruptcy, Foreclosure Attorney, Loan Modification /

De Novo Law Firm has worked with various banks to obtain loan modification all over Southern California cities such as Moreno Valley, Yucaipa, Fontana, San Bernardino, Chino, Santa Ana and many more. On this occasion, our attorneys obtained a loan modification with Bank of America. Client G.N. of Riverside, CA. Original Loan Terms: Payment: $1,509.00

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Southern California Loan Modification Attorney – JP Morgan Chase Loan Modification

Alternative to Foreclosure, Foreclosure Attorney, Foreclosure Defense, Foreclosure Litigation, Loan Modification, Riverside Loan Modification Attorney /

The litigation and loan modification attorneys at De Novo Law firm have worked with many banks to acquire loan modifications for homeowners in Riverside, Rancho Cucamonga, Corona, Norco, Eastvale, Santa Ana, Laguna Beach, Tustin, Fullerton and all of Southern California. We recently obtained a loan modification where the overall principal balance was reduced more than

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Riverside Short Sale Attorney – Mortgage Forgiveness Debt Relief Act

Alternative to Foreclosure, Foreclosure Attorney, Foreclosure Defense, Foreclosure Litigation, Loan Modification, Short Sale /

The Riverside Short Sale attorneys at De Novo Law Firm can advise you of your legal options when trying to short sale.  A short sale is the process where a homeowner sells their home for less than they owe to their bank. During the Great Recession of the late 2000’s, many Americans faced foreclosures, repossessions,

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Fraudulent Loan Attorney – Balloon Payments

Alternative to Foreclosure, Foreclosure Litigation, Loan Modification, Riverside Loan Modification Attorney /

The foreclosure litigation attorneys at De Novo law firm can help you determine whether your loan qualifies for a claim under predatory lending.  One indication of a predatory loan may be a lump sum payment.   This term is called Balloon payments.  Usually, the interest rates on these balloon loans are low, fixed interest rates that

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Los Angeles Loan Modification Attorney – Chase Loan Modification on Multi-Unit Building

Alternative to Foreclosure, Bankruptcy, Loan Modification, Riverside Loan Modification Attorney, Short Sale /

The loan workout attorneys at De Novo Law Firm recently obtained a loan modification with Chase bank on a multi-unit investment property.  Our client purchased the investment property with her husband a few years ago.  After her husband passed away, she had trouble maintaining the property and keeping up with payments.  Through the modification process,

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Inland Empire Loan Modification Attorney – Fannie Mae and Freddie Mac

Alternative to Foreclosure, Loan Modification, Short Sale /

At De Novo Law Firm, our loan modification attorneys start the loan modification analysis by considering who owns the loan.  Chances are that your loan is backed by Freddie Mac or Fannie Mae. Both entities are government-sponsored enterprises (GSEs), meaning they are privately owned but receive government support.   Freddie Mac and Fannie Mae work with

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How to Avoid Foreclosure through a Short Sale – California Short Sale Attorney

Alternative to Foreclosure, Loan Modification, Short Sale /

Many of our clients have asked us what options one has if they can no longer make their mortgage payments and want to avoid foreclosure. One of the few options is to consider a short sale. So, how does a short sale work? In a short sale, a bank agrees to accept less for a

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Orange County Loan Modification Attorney – GMAC Loan Mod Results

Alternative to Foreclosure, Loan Modification /

Our office recently obtained a loan modification with GMAC bank.  Although GMAC has since filed bankruptcy, we were able to save our client a significant amount monthly while keeping him in the home.  GMAC filed bankruptcy and has now sold its loan servicing division to Green Tree financial and OCWEN.  De Novo Law Firm has

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California Loan Modification Lawyer – Loan Mod Results

Alternative to Bankruptcy, Alternative to Foreclosure, Loan Modification, Riverside Loan Modification Attorney /

What type of results can you expect from a loan modification? Homeowner’s constantly face the question of whether or not a loan modification is right for them. Modification serves to do what it states, assist the borrower to make their home affordable once again.  An attorney steps in to calculate what result would be the

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