Case #13:
Prior to Modification |
After Modification |
|||
Lender / Servicer |
ASC |
ASC |
Summary:Client was current at the time of modification. Monthly payment was reduced by 6.13% to 3.30% for 5 years and then fixed for the remaining 25 years at 18.65%. Monthly savings is $271.19 |
|
Loan Balance |
$159,539 |
$159,539 |
||
Interest Rate |
6.13% |
3.30% |
||
Loan Type |
Conventional |
5 years, then fixed |
||
Monthly Payment |
$1,454.15 |
$1,182.96 |
||
Monthly Savings |
$271.19 |
|||
Case #14:
Prior to Modification |
After Modification |
|||
Lender / Servicer |
Wells Fargo |
Wells Fargo |
Summary:Client was current at the time of modification. Monthly payment was reduced by 6.00% to 2.00% for 5 years and then fixed for the remaining 25 years at 24.66% Monthly savings is $589.31 |
|
Loan Balance |
$147,125 |
$147,125 |
||
Interest Rate |
6.00% |
2.00% |
||
Loan Type |
Conventional |
5 years, then fixed |
||
Monthly Payment |
$2,389.48 |
$1,800.17 |
||
Monthly Savings |
$589.31 |
|||
Case #15:
Prior to Modification |
After Modification |
|||
Lender / Servicer |
Chase |
Chase |
Summary:Client saved 18.19% |
|
Loan Balance |
$148,215 |
$148,215 |
||
Interest Rate |
6.00% |
3.70% |
||
Loan Type |
Conventional |
5 years, then fixed |
||
Monthly Payment |
$1,490.03 |
$1,218.99 |
||
Monthly Savings |
$271.04 |
|||
Case #16:
Prior to Modification |
After Modification |
|||
Lender / Servicer |
Citi |
Citi |
Summary: Client saved 23.31% |
|
Loan Balance |
$152,273 |
$152,273 |
||
Interest Rate |
6.38% |
2.50% |
||
Loan Type |
Conventional |
5 years, then fixed |
||
Monthly Payment |
$1,000.00 |
$766.92 |
||
Monthly Savings |
$233.08 |
|||
Case #17:
Prior to Modification |
After Modification |
|||
Lender / Servicer |
Bank of America |
Bank of America |
Summary: Client saved 52.73% |
|
Loan Balance |
$160,800 |
$160,800 |
||
Interest Rate |
6.50% |
2.00% |
||
Loan Type |
Conventional |
5 years, then fixed |
||
Monthly Payment |
$2,578.50 |
$1,218.98 |
||
Monthly Savings |
$1,359.52 |
|||
Case #18:
Prior to Modification |
After Modification |
|||
Lender / Servicer |
Citi |
Citi |
Summary: Client saved 19.23% |
|
Loan Balance |
$190,000 |
$190,000 |
||
Interest Rate |
5.88% |
5.88% |
||
Loan Type |
Conventional |
5 years, then fixed |
||
Monthly Payment |
$2,138.64 |
$1,727.30 |
||
Monthly Savings |
$411.34 |
|||
Case #19:
Prior to Modification |
After Modification |
|||
Lender / Servicer |
Citi |
Citi |
Summary: Client saved 33.77% |
|
Loan Balance |
$200,000 |
$200,000 |
||
Interest Rate |
5.87% |
2.00% |
||
Loan Type |
Conventional |
5 years, then fixed |
||
Monthly Payment |
$1,180.00 |
$781.48 |
||
Monthly Savings |
$398.52 |
|||
Case #20:
Prior to Modification |
After Modification |
|||
Lender / Servicer |
Citi |
Citi |
Summary: |
|
Loan Balance |
$207,085 |
$207,085 |
||
Interest Rate |
5.63% |
2.00% |
||
Loan Type |
Conventional |
5 years, then fixed |
||
Monthly Payment |
$1,287.73 |
$852.35 |
||
Monthly Savings |
|
$435.38 |
||
Case #21:
Prior to Modification |
After Modification |
|||
Lender / Servicer |
Citi |
Citi |
Summary: |
|
Loan Balance |
$212,463 |
$212,463 |
||
Interest Rate |
5.75% |
2.00% |
||
Loan Type |
Conventional |
5 years, then fixed |
||
Monthly Payment |
$1,982.51 |
$1,521.83 |
||
Monthly Savings |
|
$460.68 |
||
Case #22:
Prior to Modification |
After Modification |
|||
Lender / Servicer |
Wells Fargo |
Wells Fargo |
Summary: |
|
Loan Balance |
$224,818 |
$224,818 |
||
Interest Rate |
6.50% |
2.10% |
||
Loan Type |
Interest Only |
5 years, then fixed |
||
Monthly Payment |
$2,162.65 |
$1,720.20 |
||
Monthly Savings |
|
$442.45 |
||
Case #23:
Prior to Modification |
After Modification |
|||
Lender / Servicer |
ASC |
ASC |
Summary: |
|
Loan Balance |
$229,918 |
$229,918 |
||
Interest Rate |
6.13% |
2.20% |
||
Loan Type |
Conventional |
5 years, then fixed |
||
Monthly Payment |
$1,919.18 |
$1,350.05 |
||
Monthly Savings |
|
$569.13 |
||
Case #24:
Prior to Modification |
After Modification |
|||
Lender / Servicer |
Citi |
Citi |
Summary: |
|
Loan Balance |
$236,865 |
$236,865 |
||
Interest Rate |
7.25% |
2.00% |
||
Loan Type |
ARM |
Fixed |
||
Monthly Payment |
$1,637.22 |
$1,152.31 |
||
Monthly Savings |
|
$484.91 |
||
Modified loans cases pages:
