Letters featuring loan modifications we have obtained for our clients. Click on the pdf to read the impending foreclosures stopped by the lawyers at our firm. It's certainly a much different story tomorrow. About three in four property owners are considered upside down, meaning their mortgage amount exceeds their recent appraised home value.
That outcome has led to a dramatic incline in foreclosures. About 3.2 million homes since June 2006 have imposed foreclosure, according to government listing service USATrac Inc.
The state and county knows that preventing foreclosures could go a long way toward stabilizing commercial property values, which would help reverse the housing slump and ultimately aid the broader economic recovery.
Loan Modification Approval letter 1
Approval Letter 2
Loan Modification Approval Letter 3