Lewis & Monroe, PLLC
Free One-Hour In-Office ConsultationsFree One-Hour In-Office Consultations

Mortgage Modifications Archives

Three Florida loan modifications businesses facing lawsuit

The Florida attorney general's office is suing three companies for charging customers upfront fees for services that were allegedly never performed. The state attorney general's office announced the lawsuit against the companies that each claimed to specialize in obtaining mortgage modifications for homeowners.

Modification process and foreclosure can happen at the same time

A loan modification can greatly help a homeowner who is on the verge of foreclosure. With the modification, monthly mortgage amounts are decreased, and for some it's enough for them to be able to afford living in their home.

Lenders may be required to reduce mortgage principal balances

Many Florida homeowners are currently facing - or soon will be facing - foreclosure. In many of these cases there are options available, including attempting to obtain a mortgage modification, which can be particularly helpful to those who are "underwater" on a home mortgage.

Florida homeowners struggle with underwater mortgages

Many Florida homeowners are finding themselves in tough situations. They bought homes in 2005 and 2006 that were once deemed to be good investments, but now those homes have drastically decreased in value. This has resulted in many people owing more than the actual value of their homes, but not being able to qualify for a mortgage modification.

Foreclosure decrease may be due to mortgage modifications

The number of foreclosures filed by Florida homeowners has decreased within the last year. And while many might look at this as a good sign of the economic times, others are pointing to the decrease being in part to banks changing their practices, and more homeowners actually qualifying for loan modifications.

Mortgage modification could help you avoid home foreclosure

Just two years ago, hundreds of thousands of individuals were in imminent danger of having their homes foreclosed upon, and existing government mortgage programs offered little help. To combat the wave of home foreclosures, the Obama administration rolled out a new mortgage modification program in the spring of 2009.

ABA Defending Liberty Pursuing Justice American Bankruptcy Institute The Florida Bar 1950 CFAWL Criminal Florida Association For Women Lawyers Orange County Bar Association
Email Us For a Response

Contact The Firm In Orlando, Florida

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Lewis & Monroe, PLLC

651 Rugby Street
Orlando, FL 32804

Phone: 407-917-4147
Fax: 407-246-0008
Map & Directions