Loans for 18 year olds

Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or loans for 18 year olds through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney.

Please Read our Privacy Policy and Legal Disclaimer sammy, I think you may be out of luck here. If you made the decision to stop making payments, then the foreclosure stays on your credit.

Just because GMAC forged something, that did not cause you to miss payments. You can take a shot at submitting something to the bureaus - I think your emergency loans only change of winning a dispute would be for GMAC to not respond satisfactorily within the time constraints for answering a dispute.

The bureaus are not going to do a thing for you otherwise.

I have cash till payday loans been through this with the credit breaus - have been egnored. Even false address on my report are not removed after too disputes.

I just want people to know what this loan companies are capable of doing. They can get by with fraud - If I did this Iwould be in jail! Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. We received a letter from GMAC offering to reduce our principal from 297,000 to 243,000.. I asked why are we being offered this to the loan officer Terry Bradley (our current lender is Homecomings which is GMAC) he replied that it is to keep people from walking away loans for 18 year olds from homes and to keep their customers. Thanks, susie las vegas, nv You might want to ask if this is the H4H program with FHA because GMAC is able to refinance into this program...........

The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice.

Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem.

The opinions expressed at or through this site are the opinions of the individual author and loans for 18 year olds may not reflect the opinions of the firm or any individual attorney.

The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet.

You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. I guess there will be a lot of new things happening in the mortgage market.. The general word as to why they are doing this is that there is something wrong with the original mortgage that makes it unsellable to another lender. They easy payday loan are trying to repackage the loan so they will be able to sell it to another servicer (i.

But I am not agreeing to anything until they do exactly what I want - they want to sell my loan, fine, but there are irregularities in my file and I am going to use that as negotiating power.

If GMAC are willing to do a principal reduction I would say there is no reason not to ask them to come down even more honestly. You have time to do a quick run of (deflated) comps so you can at least get it right in your own installment payday loans direct lender head if this is a good deal or no. We have asked everyone and even called Homecomings financial this morning to make sure this Terry Bradley really works for GMAC. If so, does it restart a new 30 (or even 40) year repayment term? Because if it does, that means you will pay more interest over time, thus more total for the house over time.

That might be okay for you, but the question needs to be considered. From what you have posted it seems they are not simply offering to reduce your principal, this is either a refi or a loan modification.

Either of those might be good in your situation but you need to know exactly what is going to happen before you sign. Now my husband just said, What if when Homecomings went broke, we would owe nothing and now we are in a new loan. Does anyone know what happens if a lender goes belly-up.. The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet.

You should contact your attorney to obtain advice with respect to any particular issue or problem.

The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. I thought they were weird because I heard nothing over Thanksgiving, so we made our Dec 1st payment.. I told him this is new to all of us so we have every right to be cautious. Anyway, after showing it to a real estate lawyer in vegas and our tax guy who payday loa is a very smart man, they both said do it!! Ask Terry for a copy of the mortgage releif act that you give your tax person so yu do not have to pay taxes. Now we are waiting for ours to close, I will let you know if it does and if so if there was a catch How did this all work out for you? We are currently working with GMAC on this same thing for our mortgage. We have already gotten the initial approval for the short refinance, and the appraisal is supposed to happen next week. Also, did you ever receive a 1099 for the forgiven amount of debt? Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. I just have a question about where one might go to find home values from past sales. When we got the current bad loan we have, the property appraised at 330,000 and 17 months later the appraisal came in at 224,000. Now I know property values have decreased but this is suspicious and I am preparing all our documents for a review by a real estate attorney. The big thing that stands out in the appraisal is where the comps were. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. The bank (Credit Suisse) slipped a prepay penalty into my closing documents in 2006. When I questioned my mortgage broker, he initially said yes, that is how it was supposed to be, and I signed the paperwork thinking that I had misunderstood. Later I proved that my loan was NOT to have a prepay penalty, so the broker said he would have it removed. I attempted a refi, and they would not let me refinance back when I still had equity. The savings in the refi could have saved my home... It will boil down to he said she said type of thing I believe, its going to be very hard to prove as 4 years have gone by already - unless you have years worth of documents.

Some brokers have been caught (see link in my signature block below regarding Paramount Equity Mortgage). Yes, it is predatory lending, but your recourse (unfortunately) is very limited. You can sue loans for 18 year olds your broker, but ask an attorney about the realities at this point. At the TIME your broker did this to you, it was not illegal according to the new Predatory Lending Laws. It was a RESPA violation to give you a different loan that was on your Good Faith Estimate, instant money online but you only have ONE YEAR to dispute that, and sadly, you are far past that. I would seek the help of an attorney now, to investigate the possibility of a lawsuit under Fair Trade Practices... Well get this, I tried to contact the owners of the mortgage brokerage that did this, and they are out of business! I filed a BBB complaint anyway, just so it would be on record.

Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save loans for 18 year olds their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. When I called customer service they stated that this was additional interest due from the previous holder. Going back to check over the paperwork I now see this number was present on all my previous statements, I just never noticed it before. Even running the numbers in my head I could see that this amount is above the interest due even if I had never made a payment. The original amount was 35k secured on June 06 (30yr fixed at 8. According to cash loans huntsville al GMAC, which I also have my primary mortgage with, there was no additional interest and the balance transferred was 7,266. It has been over 2 weeks and I still have not received documentation from Green Tree showing proof of this balance. During the course of the loan I have always paid early, paid extra, and have excellent credit. I faxed a written request to Green Tree for an itemized account of this additional balance and told it would take 3-5 days for a response, then 7-10, and now 30 days.

When I confronted them with the information that GMAC stated there was no additional balance I was told that I was held by this mortgage until 2036 and still had interest due. Unfortunately I am unable to speak with anyone beyond customer service and cannot get this issue escalated.