American General Finance Loan Modification Help - Loan Modification Forum

wildcats21 · 05-10-2009, 07:04 PM

Has anyone had success receiving a mod from american general finance. I am only 1 month behind and they are threatening to foreclose. I am very worried and need any advice I can get. Did you go through naca or hire a attorney My interest rate is 11.75 and they will not work with us.

Moe Bedard · 05-10-2009, 07:35 PM

If this is a second lien to your CW first you would need to go directly through them for any type of modification..........if you are working with CW for a modification through the Making Home Affordable plan.........AGF might be more willing to help you with a modification once your modification on the first is complete.

Because the forum is a free , do it yourself, forum............we wouldn't have information regarding for profit companies on the forum.

wildcats21 · 05-10-2009, 07:46 PM

I don't have a second, american general is the only lender

Moe Bedard · 05-10-2009, 08:00 PM

is this a rental property then?
Cw naca and chapter 13

because if you own two properties then you wouldn't be able to use NACA.................I am a bit confused because you posted in the CW section about that loan.........

wildcats21 · 05-10-2009, 08:03 PM

Actually I need to clarify I am inquiring about this for my sister.

Frank Black · 07-23-2009, 07:12 AM

American General Finance is a wholly owned subsidiary of AIG. AIG Chairman told a US Congresswoman from Ohio point-blank that they would be participating in the Making Home Affordable program. This was in April- so far, nothing. Kilroy for Congress - Home This is ridiculous considering AIG's participation in the TARP bailout. Does anyone have any success stories or news about American General loan modifications?

Moe Bedard · 07-23-2009, 11:42 AM

American General is a hard money lender and their MO is to take properties because most of the time there is equity in the homes. I have not seen one in 2 years to be honest.

05-10-2009, 07:04 PM	#1 (permalink)
wildcats21 Senior Member Join Date: Feb 2009 Posts: 35 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	American General Finance Loan Modification Help Has anyone had success receiving a mod from american general finance. I am only 1 month behind and they are threatening to foreclose. I am very worried and need any advice I can get. Did you go through naca or hire a attorney My interest rate is 11.75 and they will not work with us.

05-10-2009, 07:35 PM	#2 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: american general finance mod help If this is a second lien to your CW first you would need to go directly through them for any type of modification..........if you are working with CW for a modification through the Making Home Affordable plan.........AGF might be more willing to help you with a modification once your modification on the first is complete. Because the forum is a free , do it yourself, forum............we wouldn't have information regarding for profit companies on the forum. __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.

05-10-2009, 07:46 PM	#3 (permalink)
wildcats21 Senior Member Join Date: Feb 2009 Posts: 35 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: american general finance mod help I don't have a second, american general is the only lender

05-10-2009, 08:00 PM	#4 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: american general finance mod help is this a rental property then? Cw naca and chapter 13 because if you own two properties then you wouldn't be able to use NACA.................I am a bit confused because you posted in the CW section about that loan......... __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.

05-10-2009, 08:03 PM	#5 (permalink)
wildcats21 Senior Member Join Date: Feb 2009 Posts: 35 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: american general finance mod help Actually I need to clarify I am inquiring about this for my sister.

07-23-2009, 07:12 AM	#6 (permalink)
Frank Black Junior Member Join Date: Jul 2009 Posts: 1 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: american general finance mod help American General Finance is a wholly owned subsidiary of AIG. AIG Chairman told a US Congresswoman from Ohio point-blank that they would be participating in the Making Home Affordable program. This was in April- so far, nothing. Kilroy for Congress - Home This is ridiculous considering AIG's participation in the TARP bailout. Does anyone have any success stories or news about American General loan modifications?

07-23-2009, 11:42 AM	#7 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: american general finance mod help American General is a hard money lender and their MO is to take properties because most of the time there is equity in the homes. I have not seen one in 2 years to be honest. __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.

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