Posts Tagged ‘crisis’

Loan Modification with Countrywide – Countrywide Loan Modification

Thursday, December 17th, 2009

http://www.mtgmodadvice.com/free Loan modification with Countrywide. Get everything you need to know about using a Loan modification with Countrywide to stop the foreclosure process

Want more FREE information about the
Mortgage Loan Modification process?

Simply visit:
http://www.MtgModAdvice.com/free

Every homeowner that is possibly facing foreclosure needs to be equiped with the vital information needed to complete a successful loan modification.
Now you can learn about the loan modification process through a series of free videos.

http://www.MtgModAdvice.com/free

Or you can call usl for free loan modification advice
at 1-866-208-6325

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Facing the Mortgage Crisis | KETC | How Can Agencies Help?

Saturday, December 12th, 2009

From KETC’s Facing the Mortgage Crisis special on July 15, 2008: What are some ways that agencies and churches can help out? There is the St. Louis Alliance for the Preservation of Home Ownership which is comprised of five agencies that would appreciate any help from non-profits to educate the public about the mortgage crisis.

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Quarter in U.S. Foreclosure Plan Late on Payments

Friday, December 11th, 2009

http://www.reuters.com/article/idUSTRE5B41ME20091205
More than one-quarter of homeowners receiving help under a U.S. government foreclosure prevention plan are behind on their new mortgage payments, a Treasury Department survey has found.

U.S. | Housing Market

Some 650,000 borrowers are participating in the trial phase of the Obama administration’s Home Affordable Modification Program, a $75 billion taxpayer-financed program launched this year.

Most home loan modifications result in lower monthly payments, although some lead to reduced principal on mortgages.

Trial modifications were initially for three months, but the Treasury added 60 days, effectively making them last five months.

Homeowners must submit more detailed documentation before they can have their loan modifications made permanent.

A Treasury Department survey of large mortgage servicers found “over 73 percent of borrowers are current in their trial plan payments,” Assistant Treasury Secretary Herbert Allison told a congressional oversight panel.

That leaves about 27 percent who are delinquent on the payments.

Allison provided written answers to questions raised at an October hearing before the Congressional Oversight Panel, which monitors the government’s foreclosure prevention plan and other financial rescue efforts.

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Home Loan Modification 7 – Mortgage & Real Estate Marketing Nov08 – Avoid Scams & Huge Loan Mod Fees

Wednesday, December 9th, 2009

Attorney Negotiated Home Loan Modification for Home Owners. Expert Advice on Real Estate and Mortgage. Avoid Foreclosure Scams and Fraud. Prevent Bankruptcy. Go To http://RealEstateMarketingThisWeek.com

Part 7 (Excerpt)

Watch out for scams; huge fees for Loan Modifications

Important to point out folks that Velocity Financial is a full service mortgage broker, the majority of our business is writing and originating and underwriting mortgage loans for homeowners, people to buy real-estate, people to refinance their homes, people can still refinance out there, loan modifications are not for everybody, in fact they are for a small segment of the market.

Im the founder of the Modification Hotline and we put that in place to help people right now, people dont need a salesman when it comes to these loan modifications, I heard a story today from a home owner that I just couldnt believe, this person that is trying to get loan modification told them that she had to pay them $1500 a month for 4 months and by the time she was finished paying them they guaranteed her some kind of ridiculous, I just dont understand why it is like that.

Right now we need to help you get through the situation, we are here for you, we are going to do everything in our power with our national network of attorneys, who are expert negotiators, so it is important that you call.

I just want to make the distinction so it is clear for everybody, Velocity Financial is a full service mortgage firm, all things mortgage related and the concept of todays show being loan modification program is a division of something that you kind of created and had some foresight about all of these issues that are effecting not only mortgage holders but the economy at large, thus this topic and wanting to help these people.

Thats correct, a year and a half ago I was approached by someone that I respected very much in the industry, asked me to get involved with the loss mitigation process and I essentially declined the offer, once I reanalyzed that a number of people calling us needed loan modifications. We did do some research and found the debt advisory alliance with a gentlemen that I have know for years, and he had already put together the national network of attorneys, so we are working with these people who have done thousands of these loan modifications.

We are the affiliate, we are doing the discovery and due diligence, they are taking care of the expert negotiations, thats not my job, that is not what we are good at, what we are good at is putting together a case that will get modified the best for you, and your kids and everything else to keep all of you in place…

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Cincinnati’s Public Library Provides Help for Homeowners Facing a Mortgage Crisis

Monday, December 7th, 2009

Angela Farmer talks about the assistance available for homeowners facing foreclosure from The Public Library of Cincinnati and Hamilton County. Get trusted information on foreclosures and the mortgage crisis in Greater Cincinnati, visit the Cincinnati Facing the Mortgage Crisis website. http://www.cincymortgagecrisis.org

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Home equity loans

Sunday, December 6th, 2009

Simple example of borrowing from equity to fuel consumption

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Foreclosure prevention California – Free Advice

Saturday, December 5th, 2009

http://www.mtgmodadvice.com Free Home Loan Modification info & advice. Get everything you need to know about Mortgage Loan Modification an Alternative to Foreclosure from Loan Modification Experts.

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Facing the Mortgage Crisis | KETC | Help for Adjustable Rate

Wednesday, December 2nd, 2009

From KETC’s Facing the Mortgage Crisis special on July 15, 2008: If you can no longer pay your adjustable rate mortgage, is it possible to call your lender and change your payments? Yes, definitely call your lender. There is no reason to allow an adjustable rate mortgage to go beyond your ability to pay.

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Financial Crisis Explained: Subprime Mortgage

Wednesday, November 25th, 2009

Here’s the first episode.

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Mortgage Help Tax Help Nationwide

Monday, November 16th, 2009

Mortgage Help Tax Help Nationwide Give me a call if you need a new loan,refinance,restructure,etc. Carlyle Joseph,
Take advantage of the Nationwide Stimulus!!
[718]-675-1234 [718]374-5164ext2 http://number1loanteam.com/
Licensed loan originator :Sylvia Green

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