American Empire Mortgage Company has been in business since 1983. Our loss mitigation division is devoted to helping consumers "modify" the terms of their existing loans. We are dedicated to helping homeowners to "keep the loan" they have now when refinancing or selling the home are not possible. In a world of "no's", we provide the "yes." Yes, you can keep the home you have now. Yes, we can help you renegotiate the terms of your existing loans. Yes, this will provide you with peace of mind and new hope.

American Empire Mortgage Company arranged it's first loan modification in 1991 and are experts at providing solutions to consumers (who want to remain in their homes) and to investors (who do not want to foreclose). A loan modification is a process whereby a lender responds to a borrower's request to alter the terms of an existing loan. Loan modifications typically result in a reduction in the interest rate on the loan, an extension of the length of the term of the loan, a partial principal reduction of the existing loan amount, or a different type of loan (or any combination of the four remedies). A lender might be open to modifying a loan because the cost of doing so is less than the cost of default.

Our Loss mitigation division has one purpose -- to help homeowners "keep the loan" they have now so that they can "keep the home" they love. A loan modification is not complicated. Loan Modifications is the smart choice for homeowners who want solutions.

Click the links below for free information:

FAQ's from HUD Website
http://www.nhl.gov/offices/hsg/sfh/nsc/faqlm.cfm

Mortgage Bankers Association Executive Urges Lenders to Help Consumers with Modifications - MBA, 4/15/2008
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Why Lenders are Leery of Short Sales - Wall Street Journal, 4/17/2008
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Remarks by Treasury Secretary Henry M. Paulson Concerning Loan Modifications - Washington DC, 12/3/2007
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Lawmaker Steps Up Modification Pressure - Associated Press, 4/15/2008
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