NJ Mortgage

Posts Tagged ‘foreclosure’

President Obama discusses a proposal to help more responsible homeowners refinance their mortgages at today’s historically low interest rates. February 1, 2012.

Duration : 0:19:10

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Technorati Tags: foreclosure, homeowners bill of rights, housing, Housing Crisis, housing market, Interest Rates, mortgage refinancing, mortgage task force, mortgages, obama, Underwater

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http://www.60MinuteLoanModification visit for a free CD on Mike Rockwood’s experience modifying 5 of his own home loans – and how you can too. Ask Mortgage Modification questions on our forums at http://www.60minuteloanmodification.com/members

For me, the housing market implosion became personal. If youre reading this article its likely that the crisis has become that way for you, too.
So much power and so little accountability! These lenders have dirty secrets that they wish you did not know. Knowing these will help you negotiate a better modification and KEEP YOUR HOME!

There are no rules!
By that I mean that street-smart homeowners should get on the bleeding-edge of this loan mod frenzy. The pioneers are getting extraordinary values. Whenever a big trend overwhelms and industry there is tremendous advantage that goes to the innovative and courageous. For many months I have been advising clients to pursue an aggressive loan mod solution, even when prospects seemed dire. I have been amazed at the results.

So, be brave, be intelligent and be diligent. You will prevailat least for now.

Most fees are bogus.
When you look at the amount a lender claims you owe them, you might be surprised at how large that number is. If you miss 4 payments of $1000 each, why don’t you owe $4000? The answer is late fees and penalties. The problem is that all of these types of fees have to be justifiable, and completely spelled out.

Most loans have RESPA and TILA violations.
Up to 70% of the loans currently in effect have RESPA and TILA violations. This means that the Real Estate Standards and Procedures Act and/or the Truth in Lending Act was violated when your loan was originated. This gives you recourse up to and including the hypothetical invalidation of the loan itself! Talk about leverage when attempting to negotiate!

You have a right to a timely and thorough response to your written inquiries. Banks wish you never heard of a Qualified Written Request.
Under Section 6 of RESPA is a requirement that lenders must acknowledge your inquiry within 20 days and respond thoroughly to your inquiries within 60 days. This request for a modification, there is a way to hold their feet to the fire. By sending a qualified written requestsuch as your hardship letter, request for additional concessions and request for itemization of feesyou force the banks to respond in a timely manner. This gets you priority in an overworked/ understaffed loss mit department.

Principal Reductions Are Possible.
Yes, it is true that principal reductions are the most difficult thing to achieve when negotiating a loan mod. Some banks however, would have you believe that they simply are not possible. That is a lie.

My clients have successfully negotiated principal reductions, even for investment property. The key is to have an intelligent proposal and be bold and persistent.

The first offer is always unacceptable!

Most people attempting to do their own loan modification are uninformed. Most own only one home, and haven’t had a lot of opportunity to hone their skills at modification. The lenders know this. They rely on it.

When you receive your modification offer, you must remember that it is the minimum that the lender is able/willing to do. They are driven to minimize THEIR loss, not yours! Ask for additional concessions in a Qualified Written Request very shortly after getting your mod offer.

For more info visit me at http://www.60MinuteLoanModification.com

Duration : 0:5:16

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Technorati Tags: bailout, foreclosure, Home-Loan-Modification, hope for home owners, loan modification, Mortgage Modification, Short-Sale

Meet Maggie Walker Reaves, who has fought for years against harassment from American Home Mortgage. She speaks out against Wells Fargo and it’s subsidiaries, Popular Mortgage, Equity One, Litton Loan and especially, American Home Mortgage.

Maggie has been fighting the disinformation, threats and false claims of American Home Mortgage against her for years. She notes that the Texas and Ohio State Attorney General has a lawsuit against them. So, why doesn’t North Carolina? She wants to find a Lawyer, or get help from the Occupy Movement.

She wants justice against the fleecing of America. She wants Corporate & Government Corruption to Stop! She wants the government to give money to help Small Businesses instead of bailing out the Banks run by elite Banksters.

Spread the word. Help Maggie Walker fight for her home and fight for “We, the People”! Contact: Maggie Walker Reaves P.O. Box 10566 Raleigh, NC 27605

Duration : 0:6:10

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Technorati Tags: american home mortgage, american jobs, corporate corruption, equity one, foreclosure, government corruption, help homeowners, illegal immigrants, litton loan, mor equity, mortgage crisis, Mortgage fraud, obama administration, occupy america, occupy movement, Occupy Wall Street, occupy wallstreet, popular mortgage, Save My Home, small business, stop foreclosure, wall street elite, Wells Fargo

For more information please visit http://www.Brookstone-Law.com or call Brookstone Law today! 1-800-304-1538.

Brookstone Law
4000 MacArthur Blvd., Suite 1110
Newport Beach, California 92660

http://www.Brookstone-Law.com

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Technorati Tags: AllyBank, bank, Bank of America, bankruptcy, BofA, Brookstone Law, Chase, Citibank, citigroup, CitiMortgage, Class Action, Deron Colby, eviction, FDIC, FHA, foreclosure, gmac, home, homeowners, house, Indy Mac, jp morgan, Kenin Spivak, Lawsuit:, lawyer, Legal, lender, Litigation, loan modification, Mass Joinder, mers, mortgage, Ocwen, One west, real estate, Short-Sale, SML, Theodore Maloney, Vito Torchia, Wachovia, WAMU, Washington Mutual, Wells Fargo

http://www.lawofficesofbrucerichardson.com/
STOP FORECLOSURE
PREDATORY LENDING
It is a fact that certain mortgage lenders have a demonstrated history of engaging in predatory loan practices throughout the United States.

These mortgage lenders issued thousands of subprime loans, with multiple layers of risk, through mortgage brokers who regularly provided the mortgage lenders with false information that they, intentionally, recklessly or negligently failed to verify or audit.

Lenders then paid and awarded mortgage brokers, originators and others in a manner that, predictably, induced brokers to steer borrowers into costly loan products.

If you are facing a foreclosure, call me for a free consultation 1-800-985-9007.
http://www.lawofficesofbrucerichardson.com/real-estate-law.html

Duration : 0:9:43

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Technorati Tags: Attorney, City, estate, foreclosure, lawyer, new, ny, real, Stop, york

As Americans wait for the real estate market to recover, many homeowners who can afford their current mortgage are considering walking away from their mortgage obligations. “It is a business decision,” most would say, “banks do it all the time when it serves their best interest.”

So, should you walk away from your mortgage?

http://sccrealestateuncensored.com/

http://micasamidinero.com/

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Technorati Tags: arizona, away, banks, California, casa, Default, defaults, defense, dinero, estate, florida, foreclosure, from, homeowners, house, housing, market, MI, micasamidinero, mortgage, mortgages, nevada, Questions, real, sccrealestateuncensored, strategic, uncensored, walk, walkaway

In this new web commercial from Freddie Mac, learn to spot a foreclosure scam and find out how to avoid becoming victim to home foreclosure fraud. (Follow this link for a Spanish version: www.youtube.com/watch?v=qQQJ6unRYaY)

Duration : 0:2:2

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Technorati Tags: foreclosure, fraud, Freddie, Mac, mortgage, scam

Meet Maggie Walker, who has fought for years against harassment from American Home Mortgage. She speaks out against Wells Fargo and it’s subsidiaries, Popular Mortgage, Equity One, Litton Loan and especially, American Home Mortgage.

Maggie has been fighting the disinformation, threats and false claims of American Home Mortgage against her for years. She notes that the Texas and Ohio State Attorney General has a lawsuit against them. So, why doesn’t North Carolina? She wants to find a Lawyer, or get help from the Occupy Movement.

She wants justice against the fleecing of America. She wants Corporate & Government Corruption to Stop! She wants the government to give money to help Small Businesses instead of bailing out the Banks run by elite Banksters.

Spread the word. Help Maggie Walker fight for her home and fight for “We, the People”! Contact: Maggie Walker Reaves P.O. Box 10566 Raleigh, NC 27605

Duration : 0:15:0

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Technorati Tags: american home mortgage, american jobs, corportate corruption, equity one, foreclosure, government corruption, litton loan, mor equity, mortgage crisis, Mortgage fraud, occupy, occupy america, occupy movement, Occupy Wall Street, occupy wallstreet, popular mortgage, Save My Home, small business, stop foreclosure, wall street elite, Wells Fargo

http://www.lendinguniverse.com/Brokers.asp Find and compare hundreds mortgage loans in FT MYERS, FLORIDA. LendingUniverse – Real Estate Brokers Commercial Mortgage Broker Letter of interest by Banks, brokers, real estate investors and lenders offer mortgages on residential, commercial land and construction in FL – FT MYERS At https://www.lendinguniverse.com/ complete simple form and we will deliver you fast, accurate multiple results. We are neither a lenders nor a broker we give borrower tools to find and track and compare all the negotiations. Lenders compete- You decide. Real Estate Loan & Investor
Our network of registered lenders includes brokers, private investor and real estate investor firms, and leading financial institutions such as Bank of America and Wells Fargo. This vast network of institutions and investors is given instant access to your real estate loan request, which guarantees the best financial deal for each and every Lending Universe client.

With our secure, integrated software, all your information is safe from outside infiltration, plus your commercial lender application can be completed and submitted in just a few minutes. Simple, effective, secure and trustworthy, your real estate loan application is always in safe hands when you deal with Lending Universe.

Over 10,000 Hard money lenders, brokers and private real estate investors in, funding residential commercial vacant land and construction loans. Service based in Los Angeles for FT MYERS, FL and includes:
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Technorati Tags: bad credit, Bad credit mortgage, financing, florida, foreclosure, foreclosures, FT MYERS, home equity, home equity loans, Home Loan, home loans, home mortgage, HUD, loan, loans, mortgage, mortgage loan, mortgage loans, mortgage rates, mortgage refinance, mortgage refinancing, mortgages, refinance, refinancing

ABC’s Robin Roberts interviews financial expert Dave Ramsey about the dangers of walking away from a home mortgage. Stay tuned to end of the interview for USA Home Buyer’s 30-second announcement of a new option available to underwater homeowners in all 50 states… The Home Mortgage Loan Assignment Program (HMLAP).

Duration : 0:4:29

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Technorati Tags: foreclosure, HMLAP, home mortgage assignment, home mortgage loan assignment, mortgage assignment, mortgage assignment plan, mortgage assignment program, mortgage payment assignment, real estate, Short-Sale, walk away, walk away from home, walk away from home mortgage, walk away from house, walk away from mortgage