These results should not be taken as a guarantee, as each case is unique.
HSBC Finance Corporation is among the largest consumer finance companies in the United States, and operates under the names HFC and Beneficial.
Monthly payments of $2,529.10 with 9.140% interest rate. Borrower had been granted a 6-month modification, but the borrower failed to make payments. Further modification was denied 3 times.
We performed a Forensic Mortgage Audit and obtained a modification. New 6-month forbearance plan, monthly payment is $1,697.03 principal and interest.
13 months past due and in active foreclosure. PITI payment was $1,913.45 with 7.625% interest.
Approved for a special forbearance plan into a final modification. Three monthly payments of $1,182.46, saving $730.00 per month, and foreclosure is suspended during this time.
Previous payment was $1,533.90 PITI, 9.04% adjustable interest rate with a scheduled sale date.
New monthly payment is $895.02 PITI with 4% interest for 5 years, 5.5% for the sixth year and 7% fixed for the 7th year and the life of the loan. First payment is due in 2 months.