Tuesday, October 16, 2012

SUCCESSFUL SETTLEMENT VIA LOAN MODIFICATION

The Law Office of Robert E. Brown, PC has successfully negotiated a loan modification with US Bank National for our client Luis Padilla. 

Padilla's previous principle and interest payment was $1312.70 with a 6.0% interest rate. 

On September 25, 2012 Hogan & Lovells (representing US Bank National) presented a trial modification plan to our client, Luis Padilla. After careful consideration, our client accepted the loan modification offer and began making his first payment immediately. Our client's current principle and interest trial payment is $972.56. With a rate of 2.0%.



The Law Offices of Robert E. Brown, P.C.
2409 Richmond Road, Staten Island, New York 10306
Phone: 718.979.9779

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