Business News • MarketWire • Failed HAMP Loan Modifications Result in $7,464,565.00 in Relief for Many Homeowners Avoiding Foreclosure Through the Nonprofit Alliance of Consumer Advocates

Failed HAMP Loan Modifications Result in $7,464,565.00 in Relief for Many Homeowners Avoiding Foreclosure Through the Nonprofit Alliance of Consumer Advocates

Failed HAMP Loan Modifications Result in $7,464,565.00 in Relief for Many Homeowners Avoiding Foreclosure Through the Nonprofit Alliance of Consumer Advocates

COSTA MESA, CA--(Marketwired - August 18, 2015) - Frustrated homeowners are still losing their homes after repeated requests from lenders to submit and resubmit loan Modification applications, only to get forestalled then eventually rejected for unjustifiable reasons. Homeowners faithfully making Temporary Trail Payments while in review for a loan modification are still getting foreclosed upon with multiple violations of law by their lender that can win them $50,000.00 per violation and possibly reverse the Trustee Sale.

View More : http://www.marketwired.com/mw/release.do?id=2048408&sourceType=3

Releted News by marketwire

Vernalis plc - Appointment of Non-Executive Director

Platform9 Raises $10 Million in Funding From Menlo and Redpoint Ventures to Meet Accelerating Demand for OpenStack Private Clouds