Stop Foreclosure ─ How to Get a Loan Modification

As a foreclosure mediator for the state of Washington Robert Rodgers, PhD mediates discussions between home owners and the managers from mortgage servicing company who have the authority to modify the terms of home mortgages. Needless to say, he has seen and heard a lot over the past several years and has a profound sense of how the process works in practice. Robert knows first hand what you can realistically expect from your mortgage servicer. The way most people think the process works is a far cry from how it really works in practice. If you act on his suggestions, your frustration level will be reduced significantly and the chances of getting a favorable decision increased. The goal here is to stop foreclosure by getting a modification to your home loan that reduces your monthly payment. Knowing exactly how the process works and understanding the factors that play a role in the final decision to modify a home mortgage places you in an very advantageous position. It puts you in the driver's seat.