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………
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The internet being what it is, certain search terms need to be empahasized so that you can find the best information. The REST Report is best classified as loan modification software, or mortgage modification software. It’s claim to fame is that you use it to calculate Net Present Value exactly the way the banks do, using the same software. It is best used as a do it yourself loan modification or do it yourself mortgage modification. loan modification and short sale are beneficial foreclosure alternatives that benefit both homeowner and mortgage investor and make the mortgage servicer do the loan modification process in good faith. They must comply with the mortgage relief act in the mortgage loss mitigation process. I have offered loan modification services for three years. Our loan modification success is 4000 successes out of 4000 submissions. I’ll be happy to send a loan modification example in the form of a sample REST Report. I also have a proven loan modification hardship letter developed over three years of practice.
This YouTube video says it all. Go here: How to Get A Beneficial Loan Modification Now Please ‘Like’ the video, will you? That makes it easier for others to find.
Click to read more about your Do-it-Yourself Mortgage Modification REST Report
Read Motley Fool here
Read the New York Times/MSN here
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