This leads me to think that California's recent Senate Bill 94 (which prohibits charging upfront fees on any type of loan modification or foreclosure abatement program) might have had an impact, BUT, this type of service is NOT considered either a loan modification or anything to do with stopping a foreclosure, according to my State's mortgage division.

It will be a loan cost in the modification and a new disclosure for the APR will need to be made.

Loss mitigation is inundated with tens of thousands of short sales, loan modifications, and forebearances requests.

A license is usually required to assist someone in a modification or acting in a third party capacity.

REO will most likely move quickly to a contract that is required to be used by the seller, as a modification or an addendum to the original contract.

Modifications vs. foreclosure is required to be viewd in terms of asset protection and regulations govenring owner qualifications as set by the government.

He was asked to hop on a plane go out to Los Angeles and work out a mortgage modification on a $2.5 million dollar property.

(b) Prior to the exercise of the option, Landlord/Seller reserves the right to change existing encumbrances on the property through refinance, early payoff of the loan(s), or modification of existing loan(s) so long as said change would not create an encumbrance exceeding the agreed upon value of the property; (c) The Landlord/Seller upon payment of said purchase money, shall convey said property by General Warranty Deed, free from all encumbrances except: ___________________________________ ____________________________________ and shall furnish a policy of title from a reputable title insurance company at his expense so showing. 30.Insurance: what it covers and what it does not.

of course the tenant would have to see a benefit for himslef to be induced to sign a lease modification

Maybe because there idea of mortgage relief is not loan modification or short sales, but give me the deed of you house and you still owe me FOREVER.Problem : Citibank says you owe them 50K.