Litton Loan Servicing Loan Modification

ShareThis

Here is the contact information for Litton Loan Servicing:
Tel: (800) 781-7399
Websites: https://www.littonloan.com/index.asp or modification request instructions can be found at: https://www.littonloan.com/fin_info1.asp

• HAMP government program explanation, eligibility links, calculators and more

What you can expect from Litton Loan Servicing for a loan modification:

Acorn has included them in the group know as the ‘home wrecker 4′. See the link for details: http://ourfinancialsecurity.org/2009/06/acorn-home-defenders-to-confront-%E2%80%9Chome-wrecker-4%E2%80%9D/

The modification process is long and in many cases the end result is negative. Don’t even expect a call within 30 days from Litton Loan Servicing.

The problem lies with the fact that there are many investors involved who may own your mortgage. They have the final say in who they wish to assist and who they don’t want to assist.

In many cases, these investors are not interested in assisting homeowners with their mortgage payments if they are current or even if they are delinquent. They are more interested in liquidations and finding a better homeowner.

They never provide any transparency regarding any modification guidelines that can help you prepare your modification request. If you are declined for a mortgage modification, they will not provide you with an intelligent and understandable reason.

Usually, the response sounds like; “no, and we can’t tell you why because the investor as a policy will not allows us to tell you why”. Absolutely no details can be found on their website regarding workout programs.

How To Fight Back:
I recommend you take a look at two of our recommended homeowner tools.

The first tool on our Tools Page provides help from loan modification expert, Mike Rockwood, using his Loan Modification Workbook and weekly online Q&A and training sessions.

The second tool is for you, if you really feel your back is against a wall with Litton jerking you around. You should review the Stop Foreclosure in a Day workbook, also on the Tools Page. There is a little-known government program you can use to stop the foreclosure process in less than a day, without having to hire an expensive attorney. This tactic should force Litton to the negotiation table.

I also invite you to bookmark this site for the latest Q&As and news updates on loan modification trends and scam alerts.