How to Stop a Foreclosure Sale with a HAMP Loan Modification

Posted by smotij on June 14th, 2016

HAMP Modification prevention Project focuses on Stop Foreclosures. If you applied for an advance modification through HAMP “the Home Affordable Modification Program” other than your loan servicer did not fulfill with the requirements of the program, you could have a defense to a foreclosure action. Also you can stop a foreclosure sale even if only temporarily by applying to HAMP Modification.

http://www.loanmoddepot.com/ has successfully consulted HAMP Modification in state court. To Stop Foreclosure settlement conferences challenged the status of plaintiffs to file foreclosure actions, and held responsible for companies by claiming they will get their payments reduced.

Overview of Our (HAMP)

The HAMP Modification (Home Affordable Modification Program) is part of the government’s Making Home Affordable initiative. HAMP Modification assists borrowers by lowering their first lien advance payments with a loan modification.
•
You have suffered a financial hardship.
•
If the mortgage is on your primary residence, you are either delinquent or in danger of
becoming delinquent on your mortgage payments.
•
The property has not been condemned.
•
Your current income will support a modified payment.
•
If the mortgage is secured by property that is not your primary residence, you must be in default on the loan.

With us you will be convicted of theft, felony larceny, fraud or forgery, money laundering or tax evasion, in link with a advance or real estate deal within the last ten years.

Special Assistance for Unemployed Homeowners

If you are having a rough time making your advance payments because you are unemployed, you may be suitable for UP and helped out from Stop Foreclosure. UP provides a short-term reduction or delay of advance payments for at least twelve months while you seek re-employment.

Stop Foreclosures during a Pending HAMP

If you submit a complete HAMP Modification application, your loan servicer must assess your eligibility for the Stop Foreclosures. When a borrower submits an appeal for HAMP Modification consideration after a foreclosure sale date has been planned, the loan servicer must suspend the sale as needed to evaluate the borrower.