First Source Law - A National Law FirmFirst Source Law is a national law firm that was built on, and still maintains, its local values— priding itself on the highest level of personal service and reasonable billing policies. Originating in Orange County, CA, where the flagship office remains, the law firm now also has offices in Las Vegas, Philadelphia, Palm Beach, Phoenix, Salt Lake City and Seattle.
BOA, Wells Fargo sued for mortgage settlement violationNew York has announced plans to sue Bank of America and Wells Fargo over their failure to comply with the National Mortgage Settlement. This is a $25 billion dollar settlement involving five major banks over wrongful foreclosure practices. This lawsuit will be the first legal action over non-compliance with this settlement. Relief put in place [...] Read more... |
Success StoriesSally R. of Riverside, CACould no longer afford her old payment of $8947, she came to us and we negotiated a new payment of $4045 at 2% for 5 years. Jerimiah I. of Glendora, CAWhen Jerimiah called us, he said he could not afford the home he and his family bought in the 90's. His interest rate had adjusted and gone up and made his monthly payment jump to $2385. Luckily our firm put together a new loan that was much more affordable. Linda K. of Chula Vista, CA Linda had two payments that had very high interest rates. She knew that paying interest only was not a long term plan, so we got her a lower rate and save on monthly payments at the same time. |
It is not necessary to pay a third party to arrange for a loan modification or other form of forbearance from your mortgage lender or servicer. You may call your lender directly to ask for a change in your loan terms. Nonprofit housing counseling agencies also offer these and other forms of borrower assistance free of charge. A list of nonprofit housing counseling agencies approved by the United States Department of Housing and Urban Development (HUD) is available from your local HUD office or by visiting www.hud.gov
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