Wednesday, January 20, 2010

Mortgage Loan Modification

So anyone benefiting from these mortgage loan modifications?

From what I see the process is very freakish slow. Banks have been modifying 30,000 - 40,000 monthly. That is very slow because there are millions who need it right now!

US Foreclosures over 3 million
December foreclosure filings were 349,519

These guys need to get on the ball and start rolling!!!!

Top modifiers:
Citimortgage, O’Fallon, Missouri
Saxon Mortgage Services, Irving, Texas
GMAC Mortgage, Fort Washington, Pennsylvania
JP Morgan Chase, New York, New York
Select Portfolio Servicing, Salt Lake City, Utah
Aurora Loan Services, Littleton, Colorado
Wells Fargo Bank, San Francisco, California
Bayview Loan Servicing, Coral Gables, Florida
Green Tree Servicing LLC, St. Paul, Minnesota
PNC Mortgage, Pittsburgh, Pennsylvania