Negotiating Mortgage Modifications

Negotiating Mortgage Modifications presents the thoughts of leading lawyers on navigating the negotiation process and understanding the impact of the current lending climate on mortgage modifications. The authors discuss their strategies for responding to recent changes in mortgage modification requests and for: Overcoming obstacles in the negotiation process, Understanding current borrower and lender perspectives, Navigating the Home Affordable Modification Program (HAMP) and the Home Affordability Refinance Program (HARP), Working with lenders in the loan modification process, Handling residential loan workouts in a challenging environment