Are you having trouble getting the mortgage servicer to use yourself a Making Home Affordable (MHA) loan modification? The below listing of 37 mortgage servicers have committed by signed contract to this program. Moreover, all servicers for mortgages owned by Fannie Mae and Freddie Mac must participate! In case your property is in Illinois and also you want to investigate whether you qualify for the mortgage loan equivalent of "Cash for Clunkers" then make contact with a real-estate attorney or use the online for free evaluation at www.illinoismortgagemods.com The MHA program is the first real loan modification program that is making worthwhile modifications whereby homeowners leave it which has a payment they can afford. These modifications are proving to possess a reduced re-default rate than previous half-hearted efforts that amounted not to much more than forbearance plans. Those stingy initial loss mitigation efforts led to such high re-default rates the thought of continuing to switch mortgages in any r espect became in serious doubt. Thankfully, the MHA program came along having a balanced view of lender, investor lastly HOMEOWNER fascination with mind. Examine the list of 37 servicers we all know may take place. Your mortgage might also qualify if Fannie or Freddie are. American Mortgage loan Servicing, Aurora Loan Services, Bank of America, Bayview Loan Servicing, CCO Mortgage Services, Chase Financial, CitiMortgage, Citizens First Wholesale Mortgage, Countrywide Mortgages, Farmers State Bank, First Bank, First Federal Savings and Loan, GMAC mortgage, Green Tree Servicing, Home Loan Services, IBM Southeast Employees Federal Lending institution, Lake National Bank, Mission Federal Credit Union, MorEquity, Mortgage Center, National City Bank, Nationstar Mortgage, Ocwen Financial Corp, PNC Bank, Purdue Employees Federal Credit Union, RG Mortgage Corp, Residential Credit Solutions, Saxon Mortgage Services, Select Portfolio Servicing, ShoreBank, Technology Credit Union, Wachovia Mortgage, Wachovia Bank, Wells Fargo, Wescom Central Lending institution, Wilshire Credit Corp.
