Lender/Servicer Loss Mitigation Phone Numbers & Contact Information:
ABM AMRO Mortgage (800) 783-8900
Accredited Home Lenders (877) 683-4466
AMC Mortgage Services (800) 211-6926
American Home Mortgage Corp. (877) 304-3100*
Ameriquest Mortgage (800) 211-6926
Aurora Loan Services (800) 550-0508
Avelo Mortgage LLC (866) 992-8356*
Bank of America (800) 846-2222
BB&T Mortgage (800) 827-3722*
AmTrust Bank (Ohio Savings Bank) (888) 696-4444
Beneficial (800) 333-5848
Central Pacific Bank (800) 342-8422
Charter [...]
A new report release by First American CoreLogic, stated that as of the end of December 8.3 million U.S. mortgages, which equals 20 percent of all properties with a mortgage, were in a negative equity position.
Unbelievably enough, in the Sacramento area nearly 40% of homeowners that have a mortgage are actually upside down. There are [...]
The entire banking industry was startled by the fact that the number of foreclosures actually grew by 30% in February from the same quarter the previous year.
To some it was disheartening due to the amount of government measures that have been taken in recent months. Some banks had even declared a moratorium on foreclosures, without [...]
In a recent article Maura Desmond from Forbes, questions the possibility of, “suppose they gave mortgage relief but no one came.” Desmond raised the concern that although the government may be spending $275 billion to help 9 million troubled mortgages, their numbers just don’t add up.
What if she is right? Who is left?
Your mortgage lender. [...]
