Success Stories

The following lists represents the results obtained for some of the Law Offices' clients. These results are highly dependent on the facts of each client's financial situation, including the amount owed by the client, the client's prior loan modification attempts, the market value of the property, the individual practices of each client's lender and other factors that are the subject of loan analysis before application. They are not indicative of the results that may be obtained for any particular client and they are not representative of what result may be obtained for any particular client, nor what result may be for any particular lender.
Success Story for Ms. B., of Riverside

Good news for our client in Riverside. She had a hardship because of a job loss due to medical issues. Through our work with her lender, Bank of America, we were able to convert her interest only loan, with monthly payments of $6,072, to a loan including principle and interest, with payments of $4,295, a savings of $3,142 per month, or 42%.

Success Story: Mr. and Mrs. H. of San Diego

Good news for Mr. and Mrs. H. of San Diego.  They suffered an economic hardship due to a curtailment of income.  Through our office's work with their lender, Ocwen, we were able to obtain a loan modification, saving them $792.00 per month.  Their monthly payment decreased from $3,069.00 to $2,278.00, a savings of 26%.

Success Story: Ms. S. of Winchester, CA

Congratulations to Ms. S. of Winchester, California.  She had an economic loss through her work as a nurse.  We were able to accomplish a loan modification with her lender, Bayview, whereby she will save $840.00 per month, which is a 28% savings.  Her monthly payment decreased from $2,948.00 to $2,109.00.  Also, we were able to obtain a deferment of $72,474.00.

Success Story: Ms. V. of Murrieta

Excellent news for Ms. V. of Murrieta!  She suffered a loss of income in her retail cosmetic sales business.  In working with her lender, Bank of America, we were able to modify her loan and get her a 36% savings per month, or $758.00, from $2,110.00 per month to $1,352.00 per month.

Success Story: Mr. M of Escondido

Congrats to Mr. M. of Escondido.  He is self-employed as an engineer, and suffered a curtailment of income due to decreased business.  In working with his lender, Chase, we were able to obtain a loan modification.  His monthly housing payment went down from $4,749.00 to $3,104.00, saving him $1,378.00, or 31% per month.  The new interest rate is 2%, for the first five years, then goes to 3% at year six, and finally caps at 3.75%, for the remaining life of the loan.

Success Story: Ms. T of Escondido

Ms. T. of Escondido has excellent loan modification results!  She had a curtailment of income while working as a programmer.  Through our office's work with Nationstar, her monthly house payments decreased by $1,150.00, saving her 42%.  Her new monthly payment is $1,610.00, down from $2,759.00.  Also, her loan was going to reset from an interest only loan, making the payments increase to $6,086.00 per month, due to the loan modification we were able to get for her, this will no longer happen.  Finally, the interest rate is 2%, and then caps in year 7, at 3.5%.

Success Story: Mr. B of San Diego

We have excellent news for Mr. B. of San Diego.  Due to spouse's illness and decreased work hours at his job, he suffered economic hardship.  In working together with his lender, Chase, and reduced his house payments from $5,112.00 to $3,520.00, saving him $1,592.00, or 31%, per month.

Success Story: Mr. J of Escondido

Congratulations to Mr. J. of Escondido.  He is in retirement and is on fixed income.  Our office was able to decrease his monthly house payment with Wells Fargo by 24%, saving him $870.00 per month.  His payment decreased from $3,598.00 to $2,727.00 per month!

Success Story: Ms. L of Canyon Country

Great news for Ms. L. of Canyon Country, California!  She is a dentist and her income was down due to the general economic conditions.  In working with her lender, Bank of America, she is saving $1,263.00 per month, which is a savings of 34%.  Her previous monthly payment was $3,765.00 and was decreased to $2,502.00.  The terms of the loan modification include an interest rate of 4% for the loan's entirety, which is 21.5 years.

Success Story: Mr. and Mrs. A of Oceanside

We are pleased with the excellent loan modification we have obtained for Mr. and Mrs. A. of Oceanside.  Their income was reduced due to a reduction of work hours at their employers.  In working with their lender, PennyMac, they are now saving $869.00 or 25% per month.  The monthly payment decreased from $3,520.00 to $2,651.00 per month.  Finally, the interest rate, which is a 40 year loan, will be at 3.25% for the life of the loan.

Success Story: Mr. and Mrs. L of San Diego

Excellent news for Mr. and Mrs. L. of San Diego.  Mr. L. is retired military, and currently works as an optometrist.  His income is down by 50% due to a downturn in his business.  Through our work with his lender, Chase, we reduced his house payments to $3,121.00 per month, from $4,097.00.  This is a savings of 24% or $976.00 per month.  Chase also forgave $99,000.00 in unpaid back payments.  Finally, the new terms of the modification is an interest rate of 2% for the first five years, and will cap at 3.625% in year 7.

Success Story: Mr. and Mrs. E of Encinitas

Congrats to Mr. and Mrs. E. of Encinitas!  Through our office's work with Nationstar, their previous monthly payment of $5,500.00 was reduced by $2,491.00 a month or 45%.  Also, their loan starts at a 2% interest rate, for the first five years, and after year 7, the interest caps at 3.875%.  Finally, Nationstar deferred back payments, or the amount they were in arrears, of $132,000.00.

Success Story: Ms. P of San Diego

Congratulations to Ms. P. of San Diego!  She was having financial hardship due to her overtime hours being cut at her job.  We worked with her lender, ASC and then Wells Fargo, and were able to bring down her house payments from $3,072.00 a month to $2,029.00.  This is a savings of $1,043.00 per month, or 34%.

Success Story: Ms. E of Spring Valley
  • Great news for Ms. E. of Spring Valley.  Her income decreased from her work as a teacher.  Through our work with her lender, SPS, we were able to get a savings of 38% per month, or $870.00. Her monthly housing payment went down from $2,320.00 to $1,550.00.  She also has a new lower interest rate, of 2% for the first five years and will cap out at 3.875%.
Success Story: Mr. and Mrs. S of San Diego

Congratulations to Mr. and Mrs. S of San Diego.  We worked with their lender, first Bank of America then Ocwen, and obtained a savings of $1,434.00 per month for them, with their house payment decreasing from $3,334.00 per month to $1,900.00 a month which is a 43% savings!

Success Story: Mr. and Mrs. T. of Chula Vista

Good news for Mr. and Mrs. T. of Chula Vista.  They operate a home for the elderly, and had a significant decrease in income because of lost patients.  We worked with their lender, Ocwen, and were able to get their monthly payment reduced by 48%, from $5,787.00 per month to $3,024.00 per month, a savings of $2,760.00 every month!

Success Story: Ms. J. of Coronado

Congratulations to Ms. J. of Coronado.  She was having difficulties making payments for her rental unit there.  Through our work with her lender, Ocwen, we were able to reduce her monthly payments from $3,896.00 per month to $2,836.00 per month, a savings of $1,178.00 per month, or 26% of the mortgage payment.

Success Story: Mr. and Mrs. T. of Carlsbad

Congratulations to Mr. and Mrs. T. of Carlsbad.  They had decreased income because of disability and illness.  Although they were 17 months delinquent on their house payments, through our work with their lender, Bank of America, we were able to decrease their house payments from $2,973.00 per month to $2,478.00, a savings of almost $500.00 per month, or 17% of their payment.  Also, their loan modification is at a fixed term for 30 years, at 3.875%.

Success Story: Mr. and Mrs. T. of El Cajon

Congratulations to Mr. and Mrs. T. of El Cajon.  They are retired military, and have an economic hardship because of decreased income.  We worked with their lender, Green Tree, to reduce their house payments from $2,579.00 per month to $1,960.00 per month, a savings of $619.00 per month, or 24%.

Success Story: Mr. A. of Indio

Congratulations to Mr. A. of Indio. He works in computers/IT, and had problems renting a house for quite a while because of decreased rents and other problems. Through our work, we were able to decrease his house payments from $1,754.00 a month to $1,256.00 a month, a savings of $500.00, or 40%.

Success Story: Mr. and Mrs. C of Chula Vista

Congratulations to Mr. and Mrs. C. of Chula Vista. They had decreased income because of unexpected family problems. Through our work with their lender, Ocwen, we were able to decrease their house payments by 42%, from $2,477.64 to $1,431.18. Also, their lender agreed to defer over $196,000.00 in monies owed, again through our work.

Success Story: Mr. and Mrs. L of San Diego

Great news for Mr. and Mrs. L. of San Diego!  They are both retired, and suffered a reduction of income due to their retirement.  Through our office's work with their lender, NYCB Mortgage, we reduced their house payment from $2,476.00 to $1,070.00 per month.  Saving them 57% or a total of $1,070.00 per month.  Also, their lender deferred $102,000.00 in principal and provided them with a 2% loan.

Success Story: Mr. N of Escondido

Congratulations to Mr. N. of Escondido.  Mr. N. is retired, and suffered an economic hardship due to divorce.  Through working with his lender, Bank of America, our office was able to get a principal reduction for him of $51,000.00.  We were also able to reduce his house payment from $1,997.00 per month to $1,600.00 per month, saving him $397.00, or 20% of his mortgage payment.

Success Story: Mr. and Mrs. E of National City

Good news for Mr. and Mrs. E. of National City.  Mr. E. is retired from the military and Mrs. E. works in the industrial sector.  Their income was down by 50% because of economic hardship.  Although Mr. and Mrs. E. were delinquent by over $108,000.00 in past due payments when they came to us, our office was able to obtain a loan modification for them that reduced their monthly payment from $2,519.00 to $1,683.00, saving them $836.00 per month, or 33%.

Success Story: Mr. and Mrs. S of Carlsbad

Great news for Mr. and Mrs. S. of Carlsbad.  They had an economic hardship due to their income in the recruiter business being only commission based.  Through working with their lender, Bayview (originally Bank of America), we decreased their monthly payment by $1,304.00 per month, or 30%.

 

Success Story: Mr. and Mrs. L of San Diego

Congratulations to Mr. and Mrs. L. of San Diego.  Mr. L. is retired from the military, and they both now work in the optometry business.  Our office worked with their lender, Nationstar, to reduce their monthly payment to $1,429.00 per month from $1,934.00, saving them $505.00 per month, or 26% of their house payment.

  • Success Story: Mr. S of Jamul
  • Great news for Mr. S. of Jamul!  He is self employed in the business of office buildings.  Through working with his lender, Nationstar (originally Countrywide), and despite the fact that he was past due by 65 months on his mortgage loan, our office was able to obtain a loan modification that reduced his payment from $2,111.00 per month to $1,334.00, saving him $777.00 a month, or 37% of his mortgage payment.

Success Story: Mr. and Mrs. T of El Cajon

Congratulations to Mr. and Mrs. T., of El Cajon.  Mr. T. is retired from the U.S. Navy and Mrs. T. is a nurse.  They experienced economic problems because of a decrease in work hours.  After working with their lender, Green Tree, we reduced their monthly payment to $1,960.00 per month from $2,579.00.  Saving them$619.00 per month or 24% of their monthly payment.

Success Story: Mr. and Mrs. G of Bonita

Great news for Mr. and Mrs. G. of Bonita!  Due to the economy, Mr. G., a retired police officer and Mrs. G., who is self-employed, suffered a decrease in income.  After working with their lender, Wells Fargo, their monthly payment decreased from $5,500.00 to $3,135.00, saving them $2,365.00 per month, or 44%.  Also, Wells Fargo deferred $16,020.00, the total amount that Mr. and Mrs. G. were in arrears on their monthly mortgage payments.

Success Story: Mr. A. of Oakland, CA

Good news for Mr. A. of Oakland.  Mr. A. works in the computer business, and suffered a reduction in income due to relocation and going back to school.  After working with his lender, Seterus, we were able to reduce his house payment by 16%, a savings of $788.00 per month.  He also obtained a 4% loan for the next 40 years.

Success Story: Mr. B. of Escondido

Congratulations to Mr. B. of Escondido!  He suffered a large reduction in income while working in the real estate industry.  Through our efforts with his lender, Countrywide (and later Bank of America) we were able to obtain a loan modification decreasing his monthly house payment from $3,221.00 to $2,720.00, or a 17% reduction.  In addition, his lender also gave him a principal reduction in the amount of $308,000.00!

Success Story: Mr. and Mrs. T. of Carlsbad

Good news for Mr. and Mrs. T. of Carlsbad. They were 17 months delinquent on their house payments when they came to our office - owing more than $51,000.00. After working with their lender Bank of America, we were able to obtain a loan modification for them that reduced their monthly payment from $2,973.00 to $2,478.00, saving them $495.00 per month, or 17%.

Success Story: Mr. and Mrs. J. of San Diego

Great news for Mr. and Mrs. J. of San Diego. They went through a financial hardship when Mrs. J. lost her job, losing 50% of the family's income. Through our work with their lender, Ocwen, we were able to reduce their loan payment from $891.00 to $486.00 per month, a savings of 55%. Their new loan is also at 2%, for the next 20 years.

Success Story: Mr. and Mrs. R. of Escondido

Congratulations to Mr. and Mrs. R. of Escondido.  They are self-employed and run their own business.  Due to a decrease in business, they suffered economic hardship.  Through our work with their lender, Ocwen, we obtained a principal reduction for them of $203,500.00 and were able to get $65,500.00 deferred.  Their loan payment went from $2,898.00 to $2,466.00, saving them over 15% per month.

Success Story: Mr. P. of San Diego

Great news for Mr. P. of San Diego.  Being self-employed in the printing business, he suffered economic hardship due to a decrease in his income.  By working with his lender IndyMac and then Ocwen, our office was able to obtain a 26% reduction of his monthly house payment from $3,705.00 to $2,737.00, saving him $968.00 per month.  His loan is also set at a rate of 4.25% for the next 20 years.

Success Story: Mr. and Mrs. J. of San Diego

Great news for to Mr. and Mrs. J. of San Diego.  The loan modification we obtained for them with Ocwen calls for a principal reduction of $15,400.00, as well as payments decreased from $890.00 per month to $486.00 per month, a savings of 55%.  Their loan modification calls for a 2% loan, for 20 years.

Success Story: Mr. J. of San Diego

Through our work with Bank of America, for Mr. J. of San Diego, his loan was modified by 34%, from a payment of $7,610.00 per month to a payment of $5,020.00 per month, a savings of $2,590.00 per month.

Success Story: Mr. and Mrs. F. of Las Vegas

Congratulations to Mr. and Mrs. F. of Las Vegas, Nevada, school district employees who have reduced income because of less work hours.  Through our work with Bayview Loan Servicing, their house payment was reduced by $647.00 per month, or 49% from $1,322.00 per month to $675.00 per month.  Also, Mr. and Mrs. F. had been 10 months delinquent in their payments.  The terms of the loan modification allowed for deferred payment of $57,448.00 of the principal amount owed.

Success Story: Mr. M. of Valley Center

Good news for Mr. M. of Valley Center, California.  Through our work with his lender, Nationstar, his monthly house payment decreased from $3,770.00 per month to $3,411.00 per month, a savings of 19%.  The terms of his loan modification have 2% payments for five years, 3% payments for another two years, and is then capped at 4%.

Success Story: Mr. and Mrs. F. of Las Vegas

Good news for Mr. and Mrs. F. of Las Vegas, Nevada.  They had economic hardship involving reduction of income because of decreased work hours in their work for the school district.  Through our work, with their lender Bayview Loan Servicing, we were able to obtain a loan modification that decreased their monthly payments from $1,323.00 per month to $675.00 per month, a savings of $647.00 per month, or 49% of their payment.

Success Story: Mr J of San Diego

Congratulations to Mr. J. of San Diego.  He is self-employed as a flooring contractor, and had decreased work because of the economic downturn.  We were able to negotiate a loan modification through his lender, Bank of America, that decreased his payments from $7,610.00 per month to $5,020.00 per month, a savings of $2,590.00, or 34% of his payment.

Success Story: Mr. B. of Poway

Good news for Mr. B. of Poway.  He is self-employed.  Through our work with his lender, American Servicing Company, his monthly payment decreased from $4,770.00 per month to $3,370.00 per month, a savings of 29%, or $1,399.00 per month.

Success Story: Mr. and Mrs. C. of Carmel Valley

Congratulations to Mr. and Mrs. C. of Carmel Valley, California.  He is self-employed, and his income was down because of decreased business.  They were 33 months past due on their house payments, and owed about $250,000.00 in arears.  Through our work, their loan was modified with Bank of America, such that their house payment decreased from $5,489.00 per month to $4,087.00, a savings of $1,401.00/month, or 26%.  Also, we were able to avoid a foreclosure, which was set 15 days after their first appointment with us.

Success Story: Ely E. of Escondido

Good news for Ely E. of Escondido.  Ely is self employed in the bakery business, and because of the down turn in the economy and decreased business, he sought loan modification.  When he came to us, he was 26 months delinquent, and owed $65,000.00 in back payments.  Through our work, we were able to have the bank defer $95,646.00 so that it would be due at the tail end of the loan, rather than now.  We also were able to obtain loan modification that starts at 2% per year, for five years, and caps at 3.5%.  His monthly payment was reduced from $3,005.00 to $1,980.00, a savings of $1,025.62 per month, or 34%.

Success Story: Mr. and Mrs. M. of San Diego

Good news! Mr. and Mrs. M. of San Diego, CA, successfully got a loan modification through Bank of America, whereby their payments went from $2,460.00 per month to $1,505.00 per month, a savings of almost 39%!

Success Story: Noemi M. of San Diego

Congratulations to Noemi M., of San Diego, CA. We successfully modified her loan with AHMS which resulted in a 65% savings - her house payment went from $2,064.00 per month to $716.00 per month.

Success Story: Edward H. of San Diego

Congratulations to Edward H., of San Diego, CA. His loan with Litton Loans Servicing, was reduced 24% through our work from $2,614.00 to $1,991.00.

Success Story: Ms. Beth Y. of San Marcos

Good news for Ms. Beth Y., of San Marcos, CA. Through our work, her loan with Chase resulted in a savings of over 24% per month, from $3,360.00/month to $2,542.00/month.

TSuccess Story: Mr. and Mrs. V. of Chula Vista

Good news for Mr. and Mrs. V of Chula Vista.  They had previously received a loan modification from their lender, Chase Mortgage, in 2009.  The interest rate was scheduled to reset in the next few months and it would become too high for them to handle.  
Through our work, we were able to decrease their monthly payment by $1,461.00, a savings of 35%.  We also obtained a principal reduction for them, for forgiveness of their debt, in the amount of $126,000.00.

Success Story: Mr. P. in San Diego

Congratulations to Mr. P, he lives in San Diego.  He came to us with a rental property in foreclosure, and we were able to obtain a loan modification for him, that included principal reduction of $369,000.00, and a decrease in his monthly payment from $3,871.00 to $2,310.00, a savings of 40% per month.

Success Story: Mr. and Mrs. A. of Chula Vista

Congratulations to Mr. and Mrs. A of Chula Vista.  We were able to obtain a loan modification for them with their lender, Chase Mortgage, that starts at 2.5% for the first five years and caps at 3% for the next 25 years.  Their monthly house payment decreased by 28% for the first five years, and by 24% for the remainder of the term.  The savings are between $800.00 and $900.00 per month.

Success Story: Mr. and Mrs. F. of Escondido

Good news for Mr. and Mrs. F. of Escondido.  The husband's work as a structural engineer was reduced because of economic hardship.  Through our work with Chase, we were able to reduce their monthly payment from $4,482.00 to $3,104.00, a savings of $1,377.00 per month, or 31%.

Success Story: Mr. and Mrs. B. of Murrieta

Congratulations to Mr. and Mrs. B. of Murrieta.  Their loan is with Bank of America.  Their loan payment before our work was $1,546.00 per month, and after our work, $989.00 per month, a savings of $798.00 per month, or 44%.

Success Story: Mr. C. of Oceanside

Good news for Mr. C. of Oceanside.  His work as a mechanic was decreased because of the economy.  Through our work, we obtained a loan modification with his lender, SLS, so that his payments went from  $2,048.00 per month to $1,695.00, a savings of 31%.  Also, he was delinquent eight months, and we were able to have the monies owed for that deferred to the tail end of the loan.

Success Story: Mr. F. of Escondido

Congratulations to Mr. F. of Escondido.  His work, as a structural engineer, decreased because of the economy.  Through our work with his lender, Chase, we were able to decrease his monthly payments by $1,377.00 per month, a 31% per month savings.  The terms of his loan modification include an interest rate at 2% for the first five years, and 3.5% for the duration of the loan.  Also, we were able to avoid foreclosure for him, although he was eight months delinquent with regard to his house payments.

Success Story: Mr. and Mrs. C. of Los Angeles

Congratulations to Mr. and Mrs. C. of Los Angeles. They are in the film and moving making industry, and suffered hardship because of mandatory furlough days at work. Through our efforts, we were able to obtain the loan modification that decreased their loan payments from over $2,900.00/month to about $1,100.00/month, a 62% per month savings.

Success Story: Mr. and Mrs. V.H. of Rancho Penasquitos

Congratulations to Mr. and Mrs. V.H. of Rancho Penasquitos. They suffered financial hardship because of reduced work hours. Through our work, we were able to reduce their monthly payment on their loan, with Wells Fargo, saving them $1,440.00 per month, which is about 40% of their payment. Also, they were four months behind on their payments, and we were able to obtain forgiveness for them of principal in the amount of $84,800.00.