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Media Library - What Others Are Saying About Finding A Loan Modification Specialist

The news is full of reports on rising foreclosures, skyrocketing unemployment rates and the financial difficulties facing the country.

It's obvious to us that homeowners who work with a loan modification specialist have more luck reaching a solution than homeowners who try to work directly with a mortgage lender. This is especially true if you're looking into having a forensic mortgage audit done. Your banker may seem to work for you, but their salary depends on the success of their bank. Because of this, you need to have someone on your side.

Don't want to take our word for it? Take a look through the following links to see how a loan modification specialist or a forensic mortgage audit can help reduce your monthly payment and keep you in your home. From national news sources to politicians, the consensus is that a loan modification specialist is a great idea. Give our team a call and let us see what we can do to help.

Videos

A perfect example of why you shouldn't waste the time to do a loan modification yourself...
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Latest News & Legislation

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Homeowners frustrated by mortgage assistance program
Story Highlights
  • - CNN told numerous stories of banks giving homeowners the runaround

  • - Making Home Affordable program set up by Obama administration

  • - Treasury: 230,000 of 4 million eligible homeowners have mortgages under program

Watch the video and read the article on CNN.com
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Another Kind of Foreclosure Crisis
The foreclosure crisis is being made substantially worse by a shortage of lawyers for people whose homes are at risk.

Read the rest of the article on NYTimes.com.
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1.5 million homes in foreclosure
Homeowners fell behind on mortgage payments in record numbers during the first six months of 2009. The future doesn't look much better.

Read the rest of the article on CNNMoney.com.
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Key Challenges Affecting Homeowners without Professional Representation
Homeowners that try working directly with the lender is a clear conflict of interest on the lenders part. The lender is required to represent their stockholders and investors best interest, not the borrower’s.

Non-profit organizations are understaffed, under-skilled, and under-funded to obtain the best loan modification for the Homeowner.
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Non-Profit Organizations, Benefits and Limitations
Read the article on TNLMA.org
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Governor Arnold Schwarzenegger:
"With this type of cooperation from loan servicers, we can save tens of thousands of people from being added to the foreclosure lists. This common-sense approach does not involve a government subsidy or bailout."
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FDIC Chairman Sheila Bair:
"We will very aggressively pursue loan modification strategies for unaffordable loans to make them affordable on a long-term, sustainable basis"
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Foreclosure Laws: