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The main reason why banks generally are not doing loan mods is because of money. Banks make more money by foreclosing on a property then by approving a loan mod . Also, banks have an obligation to their investors to get the most return on investments for their investors. A loan mod reduces the return on investment.
Now if a bank sold the note and is offering a loan mod when they they are not the holder of the note in do course then they really have no authority to do so.
What else can I help you with?
Can a mortgage holder foreclose because you quit your job if you are current on the payments?
Oh, dude, technically, yeah, a mortgage holder can foreclose if you quit your job, but like, it's not just because you decided to binge-watch Netflix instead of going to work. If you're current on your payments, they can't just kick you out for taking a personal day. But if you can't keep up with the payments because you quit your job, then yeah, they might start knocking on your door.
Is it possible for me to file my taxes as married but separately?
Yes, it is possible for married individuals to file their taxes separately as "Married Filing Separately" instead of jointly.
Can a cosigner let a lender foreclose on a house instead of making payments when the primary borrower has defaulted?
Yes, but the cosigner will still be legally responsible for any outstanding fees, penalties, deficiencies and so forth that may occur due to the foreclosure. The cosigner's credit will also be significantly damaged by the foreclosure and any other action by the lender.
Is it possible to receive payment on PayPal without linking a bank account?
Yes, it is possible to receive payments on PayPal without linking a bank account by using a debit or credit card instead.
What happens if you stop paying the mortgage?
If your account is still in Escrow, your account will be closed "Purchasers default" which basically means they cant touch your credit because they didnt get a chance to deed it. If you were Deeded, you should send a letter telling them to cease and desist. Also ask in the letter for a WDIL. That will stop calls plus will have them send you a deed to sign timeshare back to them instead of foreclosure. Its costs them more money to foreclose then it does for them to take it back. Even if they say no, ask again. Or just wait. They will offer it to you.
What is stored in main memory?
Memory is used for the purpose of running programs, for example, your text editor. The text editor stores the file you are editing as what is known as a 'buffer' in your memory instead of modifying the file in-place. This is what makes undo/redo possible.
Why would a finance company charge off on a mortgage loan when they have the deed why and not foreclose on it instead?
There is a process called a Deed in Lieu, which is different than a foreclosure.
Would it be possible to use tubes of water instead of metal cables to deliver electricity to homes because water conducts electricity?
It is not practically possible.
Is it possible to modify the seat belt alarm on a 2005 Honda Accord Hybrid to chime once at regular intervals instead of the 6 chimes that come standard?
Contact your dealer. Making any modifications may void your warranty, especially modifying any electrical part on a hybrid.
Can a mortgage holder foreclose because you quit your job if you are current on the payments?
Oh, dude, technically, yeah, a mortgage holder can foreclose if you quit your job, but like, it's not just because you decided to binge-watch Netflix instead of going to work. If you're current on your payments, they can't just kick you out for taking a personal day. But if you can't keep up with the payments because you quit your job, then yeah, they might start knocking on your door.
What came first movies or television?
Movies, because the television made it possible to see programs such as the news at home instead of going out.
What are the risks for using Bosley?
Tissue scarring and possible infection. This is because the procedure transfer whole sections of scalp instead of individual hairs.
Is it possible to Bing it instead of Google it?
Yes.
Is it possible to put fresh blueberreies instead of dried in breads?
Is it possible to put fresh blueberries instead of dries blueberries in breadin bread machine
Why did the representatives of the states meet in Philadelphia in 1787?
They met in Philadelphia because they wanted to revise the weakened Articles of Confederation. Instead they ended up re-writing the Constitution.
What should you do if you miss school because you smoke weed instead?
Then you have problems. As soon as possible, get an appointment with the school counsellor, or if you don't feel like talking to them, your doctor.
What part of speech is religious tolerance?
Traditionally, the phrase "religious tolerance" would not be considered a single part of speech. Instead, "religious" would be considered an adjective modifying the noun "tolerance".
