Legal Question in Real Estate Law in California

Re: modify loans

A few adjustable-rate home loans have built-in provisions allowing the borrower to convert the loan to a fixed rate at any time, or upon certain conditions. In most cases, the borrower must refinance, or at least negotiate with the lender.

Re: modify loans

That is not a question. That can be a very intricate matter and you have supplied us with no real information. Try speaking with a local realtor to see if tehy can give you any advice. There are attorneys who work with companies doing loan modfications but I personally do not know whether any of them are any good; they will all tell you that they get 50% reductions. As a general rule, if it sounds too good to be true it probably is not true.