Welcome to the Fransen & Molinaro Law Firm
We are here to assist the legal concerns of homeowners everywhere. Whether that be a loan modification, short sale, deed in lieu of foreclosure or litigation.
Our law firm was designed specifically to address the legal needs of homeowners that are suffering as a result of the mortgage and housing crisis.We believe the advantages of working with a law firm comes from the “whole picture legal perspective”. Many homeowners have collateral issues that they may be unaware of, such as bankruptcy and deficiency judgments. Lenders also often require homeowners to sign a release of any and all legal claims based on the origination and servicing of the loan as a condition of the loan modification. It makes sense to have your mortgage reviewed to make sure there are not relevant claims being waived. For this reason, we perform a mortgage audit on the file at the beginning of every loan modification. Another point for having a law firm involved is the fact that a lawyer may have contacts within the legal department that provide a more expedient process. Not always, but its at least another avenue to pursue... By Nathan Fransen Esq.Recent Posts
- California Deed in Lieu of Foreclosure Attorneys
- Slow Start to U.S. Plan for Modifying Mortgages
- Obama Administration’s Housing Fix
- Fixing the Housing Crisis?
- Fed Casts Doubt on Govt Mod Push
- Default notices drop in April, foreclosure sales up
- Fannie Mae to Tap $19 Billion in Treasury Capital
- Senate Passes Loan Modification Bill
- FTC Testifies on Efforts to Combat Foreclosure Rescue and Loan Modification Scams
- SC court halts thousands of home foreclosure sales
Free Consultation (888) 756-2652
A loan modification is a permanent change to a loan contract agreed to by both the lender and the borrower. The lender modifies an existing loan in an effort to help the homeowner in a time of documentable hardship. The ultimate goal is to make the loan affordable for the long term. Usually loan modifications come in the form of a rate reductions and fixing the interest rate for a certain period of time. Click here for more information
Short Sale
If your home is worth less than the principle balance of your mortgage, don’t worry, a short sale might be the answer to your problems. In today’s fast moving market, changes occur to the rules and regulations governing short sales and it’s imperative that you find not only a broker that understands these changes, but an attorney that can protect you from damages Realtors simply cannot. Click here to see how.
Bankruptcy
The Law Office of Fransen and Molinaro understands that the decision to file bankruptcy is not an easy task. As experts in the field of bankruptcy law, our office places a premium on insuring that our client’s maintain the best possible financial outlook. Click here to hear more.
