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

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

    The Hardship Letter: Four Points to Make When Seeking a Home Loan Modification or Short Sale. Tara-Nicholle Nelson. Updated July 14, 2016 at 9:15 PM. foreclosure sign - home loan modification.

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

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

    Goodwill letters are most effective when the late payment was an isolated incident caused by unforeseen circumstances, such as a financial hardship or medical emergency. Lenders do not have to ...

  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. Forbearance - Wikipedia

    en.wikipedia.org/wiki/Forbearance

    When mortgage borrowers are unable to meet their repayment terms, lenders may opt to foreclose. To avoid foreclosure, the lender and the borrower can make an agreement called "forbearance." According to this agreement, the lender delays its right to exercise foreclosure if the borrower can catch up to its payment schedule by a certain time ...

  7. 5 Steps To Take Now If You Expect To Miss a Debt Payment - AOL

    www.aol.com/5-steps-now-expect-miss-190046214.html

    Explore a Hardship Program. If you’re experiencing a hardship, like job loss or major medical expenses, contact your lender to explore any hardship assistance programs they might have. Lynch ...

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