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Of Lambs and Lions

By Debbie Wheeler on May 13, 2014 in A Day In The Life, Debbie Wheeler

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Looks like March 2014 came in like a lion and out like a lamb.  Well, maybe not weather wise but definitely on the loan modification front.  In March, I received notification of eleven loans that were approved to begin a trial payment for a loan modification, one loan approved for a forbearance plan, one loan for a moratorium, and executed three permanent loan modification documents.  Could this mean that the new Consumer Financial Protection Bureau (CFPB) Regulations are helping both in getting loans reviewed in a timelier manner and with positive outcomes? I hope so; here’s to new beginnings!

Deborah Wheeler is a Foreclosure Prevention & Intervention Counselor at HOMEteam. She has had over 10 years experience as a loan originator and has worked helping homeowners with home retention and liquidation options for 6 years. She is a certified Foreclosure Intervention and Default Counselor and has help many homeowners achieve positive outcomes by reducing their monthly mortgage payments.