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Frequently Asked Questions
What options does a creditor have after a borrower defaults?
There are a variety of legal mechanisms by which a creditor can assert the legal right to recover an unpaid debt. LawInfo Lead Counsel qualified real estate attorneys provide quality …
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What is a loan modification, and how will it help me with my mortgage?
A loan modification occurs when a homeowner enters into an agreement with his or her mortgage loan servicer to change the terms of the mortgage. The goal of a loan modification is to …
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What do I need to give to my loan servicer if I am requesting a loan modification?
You are likely to need the following documents for your loan modification request: · Recent paystubs or documentation of your monthly gross …
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More Frequently Asked Questions »
Legal Guides
High-Rate, High-Fee Loans (HOEPA/Section 32 Mortgages)
This publication from the Federal Trade Commission explains The Home Ownership and Equity …
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Home Equity Credit Lines
Home Equity Loans: Borrowers Beware!
This publication from the Federal Trade Commission explains common abusive lending practices and …
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How to Manage Your Mortgage If Your Lender Closes or Files for Bankruptcy
Mortgage Discrimination
This guide from the Federal Trade Commission explains your rights under Equal Credit Opportunity …
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More Legal Guides »
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Mortgage Loan Fraud: Predatory Lending
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