The Obama Housing Fix: 5 Things to Know

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Our Loss Mitigation Lawyers will renegotiate your mortgage rates with a loan modification that stop foreclosures with a fresh start with lower mortgage payment from a foreclosure prevention company who gets results. Nations Housing is a mortgage marketplace designed for homeowners to get help with foreclosure prevention by means of loan modifications, forbearances and short sales.
We are part of the F.A.S.T. network that is an attorney-backed owned and operated loan modification company. Our firm was founded by a group of trusted real estate lawyers, a national firm and a group of mortgage lenders who have been licensed and chartered for almost twenty years. Our legal team of negotiators boasts of over 15 years of experience practicing mortgage, real estate and foreclosure laws.
Phone: 1-801-668-2928
ASK FOR OLIVER LEVENSON
Trust me this guy will help you!!!!!!!
Theres no reason to lose your home because he help me save my home.....
http://www.trade-pals.com/business-professionals/Mortgages-

JAMES WHITE of UT 6:29PM August 19, 2009

Jay it is all in the numbers. The loan modification will not help you if you signed a deal with your lender less than a year ago. This is why I am trying to reach out to people to NOT sign deals right now with their lenders if they are still fearful of what the future will hold. Banks are in business to make money, not lose.
People are doing this and then back in trouble as the press states it. This is another reason the banks are not budging. Why should they modify and then have people default again quickly. The deal presented needs to be based on your individual finances NOW. I feel your pain and have a great story myself and that is what has landed me in the loan modification business. If I would have known just a few short years ago what I know today I would be in a much better position, trust me on this one. I will call you tomorrow. Lots to talk about!
http://www.loanmodfinder.us
866-274-3222

Kimberlyn of CA 12:54AM June 17, 2009

Please be assured that no one is happy about the current mortgage industry. There are company's out there to help you and not harm you further.
If you need help call for more information.

Revella Singer of FL 6:00PM June 15, 2009

My paychecks ended in July 2008. I am in the mortgage/insurance business and self employed. I depend on the lenders for my pay checks, especially in premium financed insurance! I got behind 2 months last fall, before the modification bill was passed, and HomEQ Servicing put my 2 paymenti on the back of my mortgage and left me with a 9,125% variable interest rate, with payments actually higher than before, they did lower my non-amortized second from 10% to 5%.That is not the one that hurts, its the first @ $1580,00 a month. I got back in trouble again in March 2009, and I am behind now, so I owe four payments coming to $8000.00 HomEq will not work with me except a repayment plan that really increases my next eleven payments by $1000. They said I had one modification, and that was all they were doing, on the contrary, they modifiied my loan in their favor back in 11-15-08! They said if I can't pay my arrears that they will Foreclose. I said I could pay them the first payment on the 11/th of June, but I can't until the 19/th, when I will have the cash to pay. They said it better be overnighted and in their office by tomorrow or they will start foreclosing. What am I going to do with a wife that is very sick with cancer and me with with little income, but the future looks good towards the end of summer! My wife has been terminal on and off for 13 years. WE had no insurnace many times when she was her sickest times, surgeries, chmo, radiation, hyperbaric treatments, driving 65 miles everyday for treatments,etc. We have had medical after medical bills, docotrs, hospitals, most of them were willing to take 50-60% off, but my wife lost her job with the cancer in 2002, which put a great burden on me because she made as much as I did, when she was working and not sick. She never had sick pay! I decided at that time it was time to get into the insurance business where I could at least have some retirement, since we spent all of hers and mine paying biils, our credit rating went from good to rotten in 6 years. It was a very good decision, until the market dropped out of the bottom last Summer! I was going to make $200K last year and it ended up at $40K before taxes, and I owe the IRS $12K from 2007. If I could get a loan modification, we could pay the house payment with my wife's diability check, and I could work on our other debts that are about $200K plus a car and living expenses. Thank you, for your ear, help me know who you are and if you can help me with HomEQ Servicing, they are soem Rude people! please feel free to call me at 801-362-6077/anytime/night or day!

Jay Sullivan of UT 1:01AM June 12, 2009

The best way to describe the loan modifications is “You get to stay in your home”. There are many borrowers out there that are just way too upside down in the equity and are throwing their hands in the air and walking. How can anyone make sense out of a house being negative equity at 50%. Will you ever see those values come back in our life time? The one question we have to ask is do you want to stay in your house?
The lenders are not reducing the principle balances like people wish they would. That is what our government needs to do in an effort to get the cash flow moving again on these homes that were sold and very high prices. If the borrower is affected, the bank should be affected. Why should people pay on a loan that is clearly not even close to the value of the home? I know this does not make any sense to many people and this is why foreclosure is still on the rise.
There are many homeowners experiencing the financial hardships of the economy and their mortgages are adjusting beyond their ability to pay, this is another problem. The banks are not helping in time. These people that want to stay in their home and have attempted to come to a comfortable solution with their lender have found there is no help there. This is where you the borrower can hire a law firm and their associates to attack your lenders. This is a big job and there needs to be constant communication. This job is too big for the borrower to accomplish on their own. I know I tried with Countrywide and the results were one point higher on the interest rate than my first adjustment and it was a waste of everyone’s time really. I now find myself wrapping around the entire real estate market with loan modifications being among the hottest product out there currently. People need the help and they are only getting great results when hiring an attorney to get this done for them. The lawyers on board are doing great things for the homeowners and they know real estate law. It is well worth it to do your due diligence and hire an attorney to get the best and permanent solution for your mortgage problem. The fees are less than a refinance anyway and these fees are not piled onto your principle balance as in a typical refinance. It makes sense and the results are good.
866-274-3222

Kimberlyn of CA 11:03AM June 09, 2009

I know there are many responsible borrowers out there that are still in the same dilemma and cannot refinance their homes as the loan programs are simply just not there because the values are gone. I lost a few homes due to this myself. Who ever knew this was going to happen. When you are investing in real estate and you have a loan officer that has done all your loans for ten years or better and his advice was to buy the home on this type of loan, I listened to him. I purchased many many homes on adjustable rate mortgages and never had a problem. I am a responsible borrower and had never been late on any type of credit, mortgages or otherwise. OK so I got stung like many people did.
When the loans adjusted I was out of luck and just stuck! Even a property with a tenant in there the new rates after the adjustment put me in a negative situation as to the rents.
I do not know where to place blame and quite frankly not blaming anyone, it is what it is. I have learned unfortunately a little too late that you need to hire a lawyer to handle this for you. I would not have lost any of those homes at all had I have been pro active. My mindset was REFINANCE and when the bank says NO I through my hands in the air.
I have come to learn that you can keep your home. If you can afford your home at today’s rates, which are very low, then you need to get a loan modification specialist on your side quickly. The banks are swamped and cannot get these done for you in the proper amount of time. Even if you go into their loan modification department or aka loss mitigation department you are going to get the run around and by the time they do anything for you the foreclosure process has begun, and the harassment from them is to overwhelming for most.
OK so a few properties down, one to go! This is my primary residence and I can afford it and like a lot of people my business has failed miserably and I have had to look elsewhere for income. I am a single woman with only one income. I have contacted this awesome company in California and they are making things happen for me. They are working with the lender so I do not have to worry about it. But really all they are doing is taking my existing loan and modifying within my means prior to the adjustment.
I believe everyone has felt some sort of hardship however the people that have not are even mad right now. Having to let a few homes go and just do not want to lose my primary so I am doing what I have to do. My lender will not help me. The company that I am working with will give me a money back guarantee so what do I have to lose. If they cannot do this for me I am going to lose this home also. It is worth it to me to try. They have told me they can do this. I am in.
Call them and see if you qualify too 877-944-2490

Mary Ann of ID 1:56PM May 10, 2009

In some rare cases the principle is reduced on a loan modification. I am not a lawyer however I work for one that has had success with principle reductions for the borrower. I know of one case just in the past few weeks that the borrower’s principle was reduced by $190,000 and a fixed rate was granted at 3% for 30 years. To me this is the best case I have seen yet. You just never know. I have seen better rates without the reduction, I have seen the term stretched and on and on. The bottom line is that a home is being saved folks one by one. You need to decide what your priority is.
A loan modification company cannot promise anything to you however they will not usually take your file unless you meet certain criteria and the hardship is present. Remember to just take a look at your individual situation and if you are spending nearly 90% of your income to make ends meet then I would say you’re a pretty good candidate to get the best results.
Unfortunately the lenders are not at their best with negotiations unless the borrower is behind on their payments. This is sad as there are a lot of responsible borrowers that are just as affected as the next.
The people that are getting the best results right now are retaining real estate lawyers to complete this transaction for them and not even dealing with their lenders. But the good news is that if you choose this path the fee’s are less than a typical refinance and you cannot qualify for that anyway, but if people could this is the approach that would have been taken place.
Our company offers a 100% money back guarantee if your loan modification is not accepted. We do our best to pre qualify you prior to even taking you into our program. If you think you are a candidate and are faced with loosing your home, this call is free to learn more and if you decide that you do not want to waiste your time with countless hours on the phone with your lender than please call this number. You have only your home to lose at this point.
866-274-3222

Lisa of CA 1:40AM May 10, 2009

it is not clear what is the modification plan, will the reductin in the interest rates will have net benefit impact on the borrowers or it will delay the impact or burden for example extending the term of the loan or putting back the difference of the interest rates and adding back to the pricipal. how pricipal is to be effected.
it will be better if the impact is clear.

kewal seth of CA 3:16AM March 21, 2009

1) Please set-up your articals in black and white. Printing in color gets expensive!!
2) Larger print would be nice.
Thanks

William Ott of NC 3:15PM February 24, 2009

Where is package that Bush sign, the 700 billion and some dollar? Why the banks are not letting the owners buy their property that is going into a foreclosure. Where is the money, the bank are not giving loans their keeping the billions to themselves. where did the money go.

Jose Granados of CA 11:27PM February 19, 2009