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Establishment of Loan Portal | National Mortgage Settlement

Tweet Processes have improved recently, but many members still report that lost documents requiring multiple submissions continue to cause delays. The five major servicers have agreed to consolidate information for borrowers by creating online loan portals that will provide borrows with access to information, eligibility factors for loss mitigation programs and inform borrowers of missing...

Single Point of Contact | National Mortgage Settlement

Tweet The National Association of Realtors has long asked of servicers to establish a single point of contact for borrowers. This provision of the settlement will not only aid in maintaining consistency and coordination of loss mitigation options, but will also reduce the amount of time spent by agents and brokers discussing individual short sale...

Trial Period to Permanent Modification

Tweet According to USA Today the conversion rate from trial period to permanent modifications range from 0-54% depending on the loan servicer/lender.  If you have questions, please contact our Orlando Loan Modification Office.

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