Teresa Trigas-Pfefferle
  • Female
  • Clinton, NJ
  • United States
  • NJ
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Modification revolked

Started this discussion. Last reply by Brett Goldsmith Dec 23, 2019. 1 Reply

All, I have clients who had an approved modification. The term was 5 years at $1300 a month. The loan was then transferred to Fey Servicing within a year of modification. They were subsequently…Continue

 

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Brett Goldsmith replied to Teresa Trigas-Pfefferle's discussion Modification revolked
"Teresa, things like that are typically not okay. Many servicers get sued for reasons like this daily. Obviously I need more info, but if your client wants to keep and if the new servicer won't uphold the modification, it'd be worth your…"
Dec 23, 2019
Teresa Trigas-Pfefferle posted a discussion

Modification revolked

All, I have clients who had an approved modification. The term was 5 years at $1300 a month. The loan was then transferred to Fey Servicing within a year of modification. They were subsequently notified their monthly payment was changing to $2,000 a month. They cannot afford the change and want to short sale. I'm wondering, can the servicer just revoke the modification with no reason. They definitely did not default their side of the bargain. See More
Dec 23, 2019

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First Name
Teresa
Last Name
Trigas-Pfefferle
Are you a...
Agent
State
NJ
City
Clinton
My Profile
I am a real estate Broker Manager

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