Friday, January 2, 2009

Loan Modifications

What is Loan Modification?
In a loan modification, your current lender modifies your current mortgage through what is called the note. The note sets the terms of your loan. This does not require a new closing. This is not refinancing your loan. A loan modification will simply change any or all of the terms of your loan. The terms of your loan include your interest rate, balance of loan, delinquent fees owed, and term of loan.

Who is Mortgage Modification Legal Network?
With over 40 years of combined experience in the financial services, debt settlement and mortgage industry, MMLN has rapidly become one of the largest nationwide loan modification and loss mitigation servicing firms.

Founded by industry experts and with the help of our nationwide network of attorneys, MMLN was created to meet the mortgage industry's increasing demand for loan modifications, loss mitigation services and loan work-outs. We have created a variable cost solution that allows all of our clients the ability to contract our services in hopes of saving their homes.

MMLN not only works directly with the homeowners but we also enable mortgage bankers, brokers, investors, servicers, government agencies and law firms the ability to outsource all of their clients loss mitigation and loan modification needs.

Focused on delivering the industry standard, MMLN emphasizes attentive customer service through the use of its powerful experience, knowledge and technology to accommodate its customers' unique and individual needs and objectives.

In addition, MMLN works with industry leaders in their respective fields (documents, compliance, fraud, etc.) to provide our clients with the best all-around management and support to ensure the highest quality of customer satisfaction.

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