Monday, June 3, 2013

Robert E. Brown, PC gets Sandy victim a Loan Modification!

Another win for a local Staten Islander!

Recently the Law Offices of Robert Brown, P.C. Staten Island's foremost authority on foreclosures secured a loan modification as settlement for a client in foreclosure. In addition, the bank also agreed to stop the foreclosure action and reduce the principal balance by $57,000.

If you're having difficulty paying your mortgage or you're in foreclosure and your lender is not interested in helping you give us a call. We'll provide you with a free phone consultation to see if we can help. Here are the details on our agreement with the bank (obviously our client is very happy):

Original loan information

Principal and interest payment $1,313.82

Interest rate 7.75%

New loan modification

Principal and interest payment $509.99

Interest rate 2.0%

Principal reduced by $57,000

**The above settlement is not a guarantee of future results. Because every case is different, you may or may experience the same results.

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