Litton Loan Servicing Loan Modification

Litton Loan Serving as not a Lender but services loans on behalf of other Banks. Therefore, their skill set is focused on collections not on assisting home-owners with a mortgage modification.

Contact information

Litton Loan Servicing
Tel: (800) 781-7399
Fax: TBD
https://www.littonloan.com/index.asp

What you can expect
Litton Loan Modification

Acorn has included them in the group know as the 'home wrecker 4' (click on the link and see for yourself; http://ourfinancialsecurity.org/2009/06/acorn-home-defenders-to-confront-%E2%80%9Chome-wrecker-4%E2%80%9D/

Don't expect much if any assistance from them. The modification process is long and in many cases the end result is negative. The problem lies with the fact that there are many investors involved who may own your mortgage. They have the final say in who they wish to assist and who they don't want to assist. In many cases, these investors are not interested in assisting home-owners with their mortgage payments if they are current or even if they are delinquent. They are more interested in liquidations and finding a better home-owner.

They never provide any transparency regarding any modification guidelines that can help you prepare your modification request. If you are declined for a mortgage modification, they will not provide you with an intelligent and understandable reason. Usually, the response sounds like; "no, and we can't tell you why because the investor as a policy will not allows us to tell you why". Absolutely no details can be found on their website regarding workout programs.

Modification request instructions can be found at: https://www.littonloan.com/fin_info1.asp

The instructions look very inviting, but don't be fooled. Don't even expect a call within 30 days from Litton Loan Servicing. You need to call them several times per week to ensure that at the very least your request was received.