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  2. Can a goodwill letter get late payments removed from your ...

    www.aol.com/finance/goodwill-letters-payments...

    A goodwill letter is a formal letter sent to a creditor, lender or collection agency to request forgiveness for a late payment or other negative item on your credit report. In the letter, you ...

  3. The Hardship Letter: Four Points to Make When Seeking a ... - AOL

    www.aol.com/news/2011-03-28-the-hardship-letter...

    Many a homeowner has been "inspired" to do-it-yourself-dom by a traumatic encounter with a bad contractor (traumatic to the psyche -- or the pocketbook). In the same vein, the spate of loan ...

  4. What is a short sale? - AOL

    www.aol.com/finance/short-sale-234542168.html

    Provide a hardship letter. The first step of the short sale process is negotiating the sale with your mortgage lender or servicer. Write a hardship letter explaining that you’ve come up against ...

  5. Mortgage loan modification: What it is and how to get one - AOL

    www.aol.com/finance/mortgage-loan-modification...

    Along with providing your servicer bank and other financial statements to show reduced income, put together a letter explaining the circumstances of the hardship. 3. Contact your servicer

  6. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...

  7. What is loss mitigation? - AOL

    www.aol.com/finance/loss-mitigation-131710263.html

    Depending on the nature of your financial hardship (e.g., whether it’s short-term or long-term), your servicer might offer you the following loss mitigation options: FHA Payment Supplement offering

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