Couple Fighting To Keep Their House After Mortgage Modification Goes Awry

Couple Fighting To Keep Their House After Mortgage Modification Goes Awry. What is MORTGAGE MODIFICATION? What does MORTGAGE MODIFICATION mean?

Couple Fighting To Keep Their House After Mortgage Modification Goes Awry video duration 5 Minute(s) 1 Second(s), published by Chasing News on 17 05 2017 - 13:03:31.

DON'T TAKE MY HOUSE In 2006, Jack and Judy Van Ysseldyk took out a $1.1 million, 8 percent interest rate money mortgage on the property that has been in Distressed homes, Short Sale Information, Loan Modification Stop Foreclosure, Notice of Default.

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During Mortgage http://www.theaudiopedia.com What is MORTGAGE MODIFICATION? What does MORTGAGE MODIFICATION mean? MORTGAGE MODIFICATION .

DON'T TAKE MY HOUSE

In 2006, Jack and Judy Van Ysseldyk took out a $1.1 million, 8 percent interest rate money mortgage on the property that has been in Judy's family for generations. In 2009, they say they asked their bank for a forbearance, to skip two payments and tack them onto the end of the loan without penalty. They claim the bank agreed, with a supervisor approving them over the phone and a call center representative confirming the loan modification was in the computer.

The phone conversation has come back to haunt the couple, as a new bank that took possession of their mortgage chose not to accept the loan modification and foreclosed.

The couple's home remains in foreclosure, now being executed by a hedge fund which bought their loan along with thousands of distressed others.

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