Recent Posts in the Loan Modification Category

Loan Service Defense Motion Denied in Ongoing Breach of Contract Case
Apr 20, 2017

Plaintiff S. Azeem used a mortgage loan with Guaranty Bank back in 2006 in order to buy a new home. It is worth noting that her husband at the time – ...

Posted By Sulaiman Law Group, LTD
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Fighting Foreclosures on FHA Loans
Jun 27, 2016

In an insightful and intelligent article for the Harvard Law and Policy Review, Rachel Labush, a staff attorney at Community Legal Services of ...

Posted By Atlas Consumer Law
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Fannie Mae & Freddie Mac to Offer Principal Reductions Under New Loan Modification Program
Apr 18, 2016

Fannie Mae and Freddie Mac have announced the first-ever principal reduction loan modification program for homeowners with underwater mortgages – ...

Posted By Sulaiman Law Group, LTD
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America's Foreclosure Crisis is Far From Over
Jan 28, 2016

In our previous blog , we talked about the $5.1 billion settlement that Goldman Sachs is responsible for paying as recompense for its part in the 2008 ...

Posted By Sulaiman Law Group, LTD
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Residential Credit Solutions Ordered to Pay $1.5M in Punitive Damages
Sep 25, 2015

Earlier this year, Alena Hammer, a resident of Illinois’ DuPage County for the past 27 years, was awarded a total of two million dollars from ...

Posted By Atlas Consumer Law
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Not Too Shocking: HAMP Has Not Helped Many People
Aug 13, 2015

The Home Affordable Modification Program was designed to help homeowners weather the foreclosure crisis and (hopefully) keep their homes. ...

Posted By Sulaiman Law Group, LTD
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The Mortgage Forgiveness Debt Relief Act Has Expired -- What It Means For You
Jan 8, 2014

In 2007, Congress enacted the Mortgage Forgiveness Debt Relief Act. It was designed to remove the negative tax consequences of a short sale, deed in ...

Posted By Sulaiman Law Group, Ltd.
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Ocwen Enters Into Multi-Billion Dollar Consent Order For Mortgage Servicing Misdeeds
Dec 24, 2013

Ocwen is the latest mortgage servicer to enter into a consent order with the CFPB and 49 of the 50 states. Ocwen is being held accountable for its ...

Posted By Sulaiman Law Group, Ltd.
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