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  1. 3 Οκτ 2024 · As lenders know, a home equity loan can be converted into a conventional loan by following the specific requirements in the Texas Constitution. However, such a transaction would not qualify as a modification.

  2. Homecomings started the loan modification review process after receiving Futrell’s workout package in June 2009. On June 19, 2009, Homecomings set up a three-month HAMP loan modification trial plan (the “HAMP Trial Plan”) that replaced the Second Special Plan. (Id. ¶ 24.)

  3. In October 2008, Homecomings offered Eboweme a loan modification that would have reduced her monthly payment, offered an initial modified interest rate of 3%, and waived all outstanding late charges.

  4. 4 Οκτ 2024 · The lender and the borrower can agree to add, delete, or modify any loan provision as long the changes are compliant with the Texas home equity statute and regulations.

  5. 10 Ιαν 2024 · Mortgage modification helps homeowners regain stable finances when payments become temporarily unworkable. Working with a Dallas, TX, bankruptcy lawyer can help determine if this is the best route for you. Call Acker Warren P.C. at 817-752-9033 for a free consultation.

  6. 2 Οκτ 2024 · To understand what makes Texas different when it comes to a cash-out refinance or home equity loan, it helps to talk about two provisions of the Texas Constitution: 50(a)(6) and 50(f)(2). We’ll break it down in a way that doesn’t require a law degree.

  7. 1 Δεκ 2022 · If you are close to losing your home, a loan modification may be the right option for you and your family. Contact the professional Texas attorneys at Kelly Legal Group today for a free case evaluation.

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