I read about the speculation that mortgage lender/servicers might actually prefer foreclosure than mortgage modification years ago. Back then the argument seemed so specious that I couldn’t bring myself to repeat or comment on it.
Since then the blog world has exploded with accounts of mortgage lender sandbagging. I find uncountable well-known and reputed sources saying the same thing. Now that gives credence, and demands comment.
There are so many reported reasons for a bank resisting a loan modification. I am amazed at the general public being fooled into thinking the bank is on their side. A few months ago the bogeyman was all the crooked investors taking the hapless homeowner’s money and disappearing with the ‘upfront fees.’ Now the point is moot. Currently, no third party negotiator can do anything you can’t do in your own.
If you want a copy of court proof of a distressed homeowner getting his own mortgage modification by himself, email me. We have a copy framed on our office wall and giggle at it daily. Too powerful!
I’m waiting for the general public to get it figured out that the banks do not care about the homeowner. At the beginning of August the media was full of reports of homeowners getting sandbagged by their lenders in their quest to get their mortgage modified. Currently, the only reliable way to get a mortgage modification is to do it yourself. You need the REST Report, and you need to mail your documents USPS, certified mail, return receipt requested.
If you can afford months of fooling around with your mortgage modification, the 4 million-long-line starts over there. If you want to be in the front of the line and assure your modification getting done more efficiently than anyone, step to the front of the line with us over here………
I am a proud vendor of the REST Report.
Click to read more about your Do-it-Yourself Mortgage Modification REST Report
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Read the New York Times/MSN here
tags: do it yourself mortgage loan modification, do-it-yourself short sale, mortgage loan modification, mortgage lender fraud, mass joinder lawsuit, mortgage loan modification colorado, mortgage loan modification nevada, mortgage loan modification arizona, mortgage loan modification new mexico, hamp, home affordable mortgage plan,
Originally posted 2009-08-14 10:28:11. Republished by Blog Post Promoter
