CLIENT/BORROWER: Charles and Susan
LENDER: Bank of America
ORIGINAL PAYMENT: $1,348.69
MODIFIED PAYMENT: $778.32
MONTHLY SAVINGS: $570.37
LIFE OF LOAN SAVINGS: $205,322.40
SALE DATE: ON HOLD
TERMS: The Client has been approved for a Permanent Modification. The Old Higher Interest Rate of 8.5% was reduced to the New Lower Interest Rate of 2%. The Client was sixteen months behind owing $23,260.15. The sale date of the home has been put on hold and foreclosure procedure has been halted.
| CLIENT/BORROWER: Jose O.
LENDER: IndyMac
ORIGINAL PAYMENT: $4,407.83
MODIFIED PAYMENT: $2,892.70
MONTHLY SAVINGS: $1,515.13
SALE DATE: March 29, 2010 (ON HOLD)
TERMS: The Client has been approved for a three month trial MHA (Making Homes Affordable) Modification. Payments must be made on time. Client was nine months behind. The sale date of the home has been put on hold and foreclosure procedure has been halted.
| CLIENT/BORROWER: Donald A.
LENDER: Citi Mortgage
ORIGINAL PAYMENT: $2,829.27
MODIFIED PAYMENT: $1,825.59
MONTHLY SAVINGS: $1,003.68
TERMS: The Client was approved for a Permanent Modification back in December. The Old Higher Interest Rate of 7.95% has been reduced to the New Lower Interest Rate of 3%.
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CLIENT/BORROWER: Deb and Phoebe
LENDER: Citi Financial
ORIGINAL PAYMENT: $1,432.18
MODIFIED PAYMENT: $1,252.75
MONTHLY SAVINGS: $179.43
LIFE OF LOAN SAVINGS: $64,594.80
TERMS: The Client has been approved for a Permanent Modification. The Old Higher Interest Rate of 5.0% has been reduced to a New Lower Interest Rate of 3.2%. Past due amount is to be deferred to the back of the loan and new payment is not due until May 1, 2010.
| CLIENT/BORROWER: Donna C.
LENDER: Bank of America
ORIGINAL PAYMENT: $1,749.76
MODIFIED PAYMENT: $1,271.00
MONTHLY SAVINGS: $478.76
TERMS: The Client was approved for a three month trial MHA (Making Homes Affordable) Modification back in December. Lender has stated no trial payments have been made. The lender is willing to keep modification active and not start foreclosure proceedings if February and March's payments are made. The Client is nine months behind owing $16,520.77.
| CLIENT/BORROWER: Chadwick H.
LENDER: Bank of America
ORIGINAL PAYMENT: $1,835.93
MODIFIED PAYMENT: $1,696.36
MONTHLY SAVINGS: $139.57
TERMS: The Client is approved for a three month trial MHA (Making Homes Affordable) Modification. The Client was ten months behind owing $18,029.98.The lender will roll past due balance into the loan after permanently modified after trial is successfully completed.
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CLIENT/BORROWER: Michael T.
LENDER: Wachovia
ORIGINAL PAYMENT: $2,062.65
MODIFIED PAYMENT: $1,660.49
MONTHLY SAVINGS: $402.16
TERMS: The Client is approved for a three month trial MHA (Making Homes Affordable) Modification. First payment is due April 1,2010 with no grace period.
| CLIENT/BORROWER: John and Kelly Q.
LENDER: WAMU/ Chase
ORIGINAL PAYMENT: $2,884.09
MODIFIED PAYMENT: $1,844.98
MONTHLY SAVINGS: $1039.11
TERMS: The Client is approved for a three month trial MHA (Making Homes Affordable) Modification. The Client is nine months behind owing $30,114.02.
| CLIENT/BORROWER: Tammie J.
LENDER: Beneficial
ORIGINAL PAYMENT: $1,288.39
MODIFIED PAYMENT: $876.47
MONTHLY SAVINGS: $411.92
TERMS: The Client is approved for a six month trial MHA (Making Homes Affordable) Modification. The Client must make arrangements for past due balance of $10,327.06.
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CLIENT/BORROWER: Thomas J.
LENDER: Chase
ORIGINAL PAYMENT: $1,796.70
MODIFIED PAYMENT: $1,926.61
TERMS: The Client was approved three month trial modification. Due to Client previously breaking a special forbearance agreement in 2009, this is the only option available at this time. This modification would temporarily put a hold on foreclosure proceedings and put client in better position for permanent modification for a lower payment review.
| CLIENT/BORROWER: Sophia H..
LENDER: Private Investor
SALE DATE: March 22, 2010 (STOPPED)
TERMS: Private Investor has agreed to reduce loan amount from $187,000 to $155,000. Offering the loan at 7.5% for fifteen years. The Client was happy with this offer and has agreed to bring $3000 to court and sign new agreement. This new workout plan has stopped the foreclosure proceeding and sale of the home.
| CLIENT/BORROWER: Melody M.
LENDER: Citi Mortgage
ORIGINAL PAYMENT: $1,503.37
MODIFIED PAYMENT: $1,398.30
MONTHLY SAVINGS: $105.07
LIFE OF LOAN SAVINGS: $37,825.20
TERMS: The Client was approved for a Permanent Modification. The Past due amount has been deferred to the back of the loan. A contribution payment of $1,096.65 in certified funds is due with signed paperwork.
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CLIENT/BORROWER: Robert B.
LENDER: EMC Mortgage
ORIGINAL PAYMENT: $1,364.97
MODIFIED PAYMENT: $1,219.59
MONTHLY SAVINGS: $145.38
TERMS: The Client is approved for a three month trial Modification and are in review for Permanent Modification. The Permanent Modification will move past due balance to the back of the loan and lower interest rate.
| CLIENT/BORROWER: John and Kelly Q.
LENDER: Chase
ORIGINAL PAYMENT: $1,397.93
MODIFIED PAYMENT: $1,916.26
TERMS: The Client is approved for a three month trial Modification with payment going up due to escrow shortage. The loan is in review for permanent modification which will lower monthly payment and roll past due balance to the end of the loan.
| CLIENT/BORROWER: Vernia W.
LENDER: Saxon
ORIGINAL PAYMENT: $1,239.68
MODIFIED PAYMENT: $916.08
MONTHLY SAVINGS: $323.60
LIFE OF LOAN SAVINGS: $116,496.00
TERMS: The Client is approved for a Permanent Modification. The Original Higher Interest Rate of 8.9% has been reduced to the New Lower Interest Rate of 3.875%. the past due balance of $8,397.86 is being rolled into the back of the loan.
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CLIENT/BORROWER: Cyndie L.
LENDER: HFC
ORIGINAL PAYMENT: $1,330.31
MODIFIED PAYMENT: $945.21
MONTHLY SAVINGS: $385.10
TERMS: The Client is approved for a six month trial Modification. The Original Higher Interest Rate of 7.49% has been reduced to the New Lower Interest Rate of 5.25%. The past due balance being deferred to the back of the loan making client current again.
| CLIENT/BORROWER: Victor V.
LENDER: EQ
ORIGINAL PAYMENT: $1,328.73
MODIFIED PAYMENT: $1,123.37
MONTHLY SAVINGS: $205.36
LIFE OF LOAN SAVINGS: $73,929.60
TERMS: The Client is approved for a Permanent Modification. The Original Higher Interest Rate of 7.1750% reduced to the New Lower Interest Rate of 4.5%. The Client was four months behind, this modification will roll past due balance into the loan and bring the client current.
| CLIENT/BORROWER: Helen W.
LENDER: Chase
ORIGINAL PAYMENT: $1,048.00
MODIFIED PAYMENT: $1,045.10
TERMS: The Client is approved for a three month Special Forbearance. After forbearance is completed, client will be review for a permanent modification with a lower payment.
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CLIENT/BORROWER: Linda J.
LENDER: AHMSI
ORIGINAL PAYMENT: $1,262.27
MODIFIED PAYMENT: $932.66
MONTHLY SAVINGS: $329.61
LIFE OF LOAN SAVINGS: $118,659.60
SALE DATE: STOPPED
TERMS: The Client is approved for a Permanent Modification. The Client is thirteen months behind owing $22,108.67. The Original Higher Interest Rate of 64.5% has been reduced to New Lower Step Interest Rate of 2% and then going up to 5% in five years and be locked at that rate for the life of the loan.
| CLIENT/BORROWER: Valiere F.
LENDER: State Farm Bank
TERMS: The Client is approved for a repayment plan of $1,600 a month for twelve months to bring past due balance of $9,802.83 current.
| CLIENT/BORROWER: William and Carrie S.
LENDER: Indy Mac
ORIGINAL PAYMENT: $1,955.21
MODIFIED PAYMENT: $1,868.47
MONTHLY SAVINGS: $86.74
LIFE OF LOAN SAVINGS: $31,226.40
SALE DATE: STOPPED (3 SALE DATES)
TERMS: The Client is approved for a Permanent Modification. The Client was eleven months behind owing $22,564.70. Three sale dates of 12/10/2009, 1/14/2010 and 2/25/2010 were pushed back.
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CLIENT/BORROWER: Milton V.
LENDER: Wells Fargo
ORIGINAL PAYMENT: $928.00
MODIFIED PAYMENT: $813.65
MONTHLY SAVINGS: $114.35
TERMS: The Client is approved for a three month Special Forbearance. Once three forbearance payments are made the client can be reviewed for a permanent modification and have the past due balance deferred to the back of the loan.
| CLIENT/BORROWER: Jean W.
LENDER: Bank of America
ORIGINAL PAYMENT: $1,982.55
MODIFIED PAYMENT: $1,064.38
MONTHLY SAVINGS: $918.17
TERMS: The Client is approved for a three month trial MHA (Making Homes Affordable) Modification. Client will be reviewed for permanent modification when trial period is successfully completed.
| CLIENT/BORROWER: Jean C.
LENDER: Midland Mortgage
ORIGINAL PAYMENT: $972.03
MODIFIED PAYMENT: $690.84
MONTHLY SAVINGS: $281.19
LIFE OF LOAN SAVINGS: $101,228.40
TERMS: The Client is approved for a Permanent Modification for the life of the loan. The Original Higher Interest Rate of 9.5% has been reduced to the New Lower Interest Rate of 5.5%. The Client was ten months behind. The past due balance will be deferred into the back of the loan.
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CLIENT/BORROWER: Randall D.
LENDER: Bank of America
ORIGINAL PAYMENT: $1,100.45
MODIFIED PAYMENT: $970.75
MONTHLY SAVINGS: $129.70
LIFE OF LOAN SAVINGS: $46,692.00
SALE DATE: STOPPED
TERMS: The Client is approved for a Permanent Modification. The Original Higher Interest Rate of 7% has been reduced to the New Lower Interest Rate of 5.3%. The past due balance has been rolled into the loan bringing the client current. The sale date has been stopped and the foreclosure proceedings put on hold.
| CLIENT/BORROWER: Joyce B.
LENDER: Suntrust
TERMS: The Client is on a repayment plan of $1,400 from 3/15/2010 to 12/15/2012. Then payment will go back to original amount of $1,211.07.
| CLIENT/BORROWER: John and Lynda H.
LENDER: Wells Fargo
ORIGINAL PAYMENT: $1,742.00
MODIFIED PAYMENT: $1,607.50
MONTHLY SAVINGS: $134.50
TERMS: The Client was approved for a Modification back in December. Client did not pay. Extension was granted to February.The Client was fifteen months behind owing $25,000.
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CLIENT/BORROWER: Gary and Francis G.
LENDER: HFC
ORIGINAL PAYMENT: $1,562.14
MODIFIED PAYMENT: $1,449.04
MONTHLY SAVINGS: $113.10
TERMS: The Client is approved for a Six Month Trial Modification. The Old Higher Interest Rate of 11.4799% has been reduced to the New Lower Interest Rate of 10.4799%. After fifth trial payment the client will be eligible for an eighteen month extension.
| CLIENT/BORROWER: Brian S.
LENDER: Litton Loans
ORIGINAL PAYMENT: $2,239.00
MODIFIED PAYMENT: $1,516.78
MONTHLY SAVINGS: $722.22
SALE DATE: ON HOLD
TERMS: The Client has been approved for a three month trial Modification. Payments must be made on time. The sale date of the home has been put on hold and foreclosure procedure has been halted.
| CLIENT/BORROWER: Shea and Yvette F.
LENDER: Bank of America
ORIGINAL PAYMENT: $1,338.35
MODIFIED PAYMENT: $1,254.63
MONTHLY SAVINGS: $83.72
LIFE OF LOAN SAVINGS: $30,139.20
TERMS: The Client has been approved for a Permanent Modification for the life of the loan. The Original Higher Interest Rate of 6.375% has been reduced to New Lower Interest Rate of 5.625%. Payments must be made on time.
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CLIENT/BORROWER: Jackie C.
LENDER: US Bank
ORIGINAL PAYMENT: $932.39
MODIFIED PAYMENT: $1,117.00
LIFE OF LOAN SAVINGS: March 17, 2010 (STOPPED)
TERMS: The Client is approved for a Permanent Modification. The Client is twenty one months behind owing over $25,000. The Original Higher Interest Rate of 6% has been reduced to the New Lower Interest Rate of 5.25%. A contribution payment of $1,678 is due by March 26, 2010. This modification has stopped the sale date and foreclosure proceedings.
| CLIENT/BORROWER: Leonard S.
LENDER: AHMSI
ORIGINAL PAYMENT: $3,055.58
MODIFIED PAYMENT: $2,359.58
MONTHLY SAVINGS: $695.97
LIFE OF LOAN SAVINGS: $250,549.20
TERMS: The Client is approved for a Traditional Modification. The Original Higher Interest Rate of 6.25% has been reduced to the New Lower Interest Rate of 4.97%. The past due balance of $53,431.02 is to be deferred into the principal of the loan.
| CLIENT/BORROWER: Norma S.
LENDER: GMAC
ORIGINAL PAYMENT: $1,698.15
MODIFIED PAYMENT: $1,958.75
SALE DATE: ON HOLD
TERMS: The Client is approved for a Permanent Modification for life of loan. The Original Higher Interest Rate of 8.25% has been reduced to the New Lower Interest Rate of 5.375%. The Client was twelve months and owing the lender $27,000. The modification brings the loan current rolling the past due balance into the back of the loan and canceled out the sale date and stopped foreclosure proceedings.
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CLIENT/BORROWER: George and Sherry M.
LENDER: AHMSI
ORIGINAL PAYMENT: $998.53
MODIFIED PAYMENT: $1,059.86
TERMS: The Client is approved for a Trial Modification. The Client had an escrow shortage which caused payment to go up.
| CLIENT/BORROWER: Ernest B.
LENDER: PHH Mortgage
ORIGINAL PAYMENT: $1,574.70
MODIFIED PAYMENT: $1,463.04
MONTHLY SAVINGS: $111.66
LIFE OF LOAN SAVINGS: $40,197.60
TERMS: The Client is approved for a Permanent Modification. The Client is three months behind owing $5,396.45.
| CLIENT/BORROWER: Kelly C.
LENDER: Round Point Mortgage
ORIGINAL PAYMENT: $1,179.00
MODIFIED PAYMENT: $803.01
MONTHLY SAVINGS: $375.99
TERMS: The Client is approved for a three month trial Modification. The Client new lower interest rate of 4% with past due balance being rolled into the back of the loan.
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CLIENT/BORROWER: Kelly and James C.
LENDER: Homecomings
ORIGINAL PAYMENT: $1,487.00
MODIFIED PAYMENT: $1,376.00
MONTHLY SAVINGS: $111.00
TERMS: The Client is approved for a three month Modification.
| CLIENT/BORROWER: Peter H.
LENDER: Chase
ORIGINAL PAYMENT: $3,287.00
MODIFIED PAYMENT: $1,985.59
MONTHLY SAVINGS: $1,301.41
TERMS: The Client is approved for a Five Year Home Affordable Modification. The Original Higher Interest Rate of 7.5% has been reduced to a New Lower Interest Rate of 2%. The Past due balance is being rolled into the back of the loan.
| CLIENT/BORROWER: Josephine R.
LENDER: PHH MORTGAGE
ORIGINAL PAYMENT: $1,783.65
MODIFIED PAYMENT: $1,783.65
SALE DATE: March 4, 2010 (STOPPED)
TERMS: The Client is approved for a Forbearance Agreement starting 3-20-2010 through 9-20-2010. The Client was twenty months behind. The past due balance will be rolled into the loan. This Agreement will bring the client current and has stopped the sale date of the home and halted the foreclosure proceedings.
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CLIENT/BORROWER: Jennifer and David T.
LENDER: Wells Fargo
ORIGINAL PAYMENT: $1,058.39
MODIFIED PAYMENT: $1,009.87
MONTHLY SAVINGS: $48.52
LIFE OF LOAN SAVINGS: $17,467.20
SALE DATE: March 6, 2010 (ON HOLD)
TERMS: The Client has been approved for a Permanent Modification for life of the loan. The Original Higher Interest Rate of 6% was reduced to the New Lower Interest Rate of 5.25%. The past amount balance of $12,205.05 to be rolled into the back of the loan. The sale date of the home has been put on hold and foreclosure procedure has been halted.
| CLIENT/BORROWER: Angela K.
LENDER: HSBC
ORIGINAL PAYMENT: $2,844.98
MODIFIED PAYMENT: $2,066.76
MONTHLY SAVINGS: $778.22
LIFE OF LOAN SAVINGS: $280,159.20
SALE DATE: March 17, 2010 (STOPPED)
TERMS: The Client has been approved for a Permanent Modification. The Original Higher Interest Rate of 8.5% has been reduced to the New Lower Interest Rate of 5.25%. The sale date of the home has been put on hold and foreclosure procedure has been halted.
| CLIENT/BORROWER: Robert R.
LENDER: Bank of America
ORIGINAL PAYMENT: $1,249.67
MODIFIED PAYMENT: $1,202.51
MONTHLY SAVINGS: $47.16
TERMS: The Client is approved for a three month trial Modification. The Client is fifteen months behind owing $18,277.13. The past due balance will be rolled into the back of the loan bringing client current. Payment may drop more when loan is reviewed for permanent modification.
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CLIENT/BORROWER: David and Kim F.
LENDER: Bank of America
ORIGINAL PAYMENT: $1,517.94
MODIFIED PAYMENT: $915.12
MONTHLY SAVINGS: $602.82
SALE DATE: STOPPED
TERMS: The Client is approved for a three month trial MHA (Making Homes Affordable) Modification. The Client will be reviewed for permanent modification after trial period is successfully completed.
| CLIENT/BORROWER: Doris and Royden
LENDER: Bank of America
ORIGINAL PAYMENT: $1,163.10
MODIFIED PAYMENT: $952.88
MONTHLY SAVINGS: $210.22
TERMS: The Client is approved for a three month trial MHA (Making Homes Affordable) Modification. The Client is six months behind owing $7,114.57. The Original Interest Rate will change with permanent modification.
| CLIENT/BORROWER: Richard and Jean
LENDER: Countrywide
ORIGINAL PAYMENT: $1,642.33
MODIFIED PAYMENT: $1,851.98
SALE DATE: ON HOLD
TERMS: The Client is approved for a five year Permanent Modification. The Client is eighteen months behind owing $46,711.71. New Lower Interest Rate of 4.250% is good for five years, then increases to 5.25% until year seven then goes to 5.50% for the life of the loan. This modification is bringing client current and stopping the sale date.
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