Category Archives: Securitization Audit

Non Profit Charity Approved by the Division of Banking to Offer you Debt Management Plans in the State of Iowa

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Lighthouse Point, FL (PRWEB) April 13, 2012

Debt Management Credit Counseling Corp (dmcconline.org), a nonprofit charitable organization (DMCC), announced these days they have been authorized by the Division of Banking to conduct organization in the state of Iowa. This means that Iowa citizens are now able to speak to a DMCC certified credit counselor and talk about their eligibility for a debt management program in order to decrease their month-to-month payments for their unsecured debts. DMCC counselors will not only help these consumers with a debt management strategy but also teach the significance of preserving a spending budget in order to get out of debt and to sustain monetary stability.

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Debt management plans are only offered by creditors by way of accredited credit counseling agencies that are licensed or otherwise authorized to offer such services in the state in which consumer resides. These plans are presented to customers in cooperation with their creditors, who in most instances agree to reduce interest rates, eliminate past due and more than-limit charges, stop collection efforts, and report the accounts as existing to the major credit bureaus. “For over a decade, DMCC has been assisting buyers with the consolidation of their debt payments by means of our debt management plans” mentioned Stephen Lichtenberger, Manager of Operations. “These plans are a viable solution for customers who want help in repaying their credit cards as a outcome of an unforeseen hardship.”

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In addition to debt management plans, DMCC provides an array of educational components to aid buyers remain informed on the most current financial data such as a proprietary self-study financial literacy plan accessible for free of charge on their internet site. DMCC also provides free counseling to support customers get started with the organization of their finances. It is a U.S. Trustee approved agency to offer you bankruptcy counseling and education and as a HUD Approved Housing Counseling Agency DMCC offers foreclosure prevention and loan modification. Shoppers interested in a debt management plan or any other services supplied, need to get in touch with DMCC and speak with a counselor regarding their private economic predicament.

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About Debt Management Credit Counseling Corp.

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DMCC is a nonprofit 501(c)(three) public charity committed to educating shoppers on monetary issues and supplying personal help to consumers overextended with debt. Education is provided free of charge to customers by way of seminars, workshops, a proprietary monetary literacy program, and a vast array of on the web and printed supplies. Free of charge private counseling is offered to customers to determine the best choices for the repayment of their debt. Consumers interested in speaking with a DMCC certified credit counselor could call (866) 618-3328 or request help at dmcconline.org. DMCC is a HUD Authorized Housing Counseling Agency, is authorized by the U.S. Trustee to provide bankruptcy counseling and education, and has an A+ rating with the Better Enterprise Bureau.

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Magazine Publishing Software 3D Situation Launch Most recent Release

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(PRWEB) June 11, 2013

3D Concern (http://www.3dissue.com) launched a distinctive innovation to this release of their downloadable digital magazine software program. Unlike any other remedy on the market, users will have 30 days access to a fully functional version of their PDF to digital magazine conversion software with out any limits or restrictions.

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With most software program trials, there are continual limitations to what you can do throughout a trial period. Many solutions will watermark publications or limit the number of pages that can be integrated in a digital edition. When utilizing a SaaS service, you may possibly be capable to produce a magazine without having watermarks but it should be hosted on their web site. With this new release, 3D Issue Version 6.1, we wanted to give users a true attempt just before you acquire knowledge by supplying them with the full version of our software, no limitations, no restrictions of attributes or exactly where they can publish to. Its the complete full version,” says Paul Mc Nulty, Managing Director of 3D Problem.

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During your 30 day trial of 3D Problem, you will now be capable to produce complete digital publications that can be hosted on your website or pushed and downloaded to any tablet or mobile device. Your readers will be in a position to enjoy the full experience of your digital publishing method whilst you track their level of engagement and measure the efficiency of your content material.”

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Utah Regional Investment Fund chooses NES Financials EB-five Suite of Solutions for Waters Edge Resort Project

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San Jose, CA (PRWEB) June 11, 2013

NES Economic announced today that the Utah Regional Investment Fund has deployed NES Financials EB-five Administration Suite of Solutions to administer funds associated with its Waters Edge Resort Project in Garden City, UT.

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Positioned on the scenic shores of Bear Lake, the Waters Edge Resort will incorporate an 84-room complete service hotel, 70 privately owned condominiums, 40,000 square feet of retail, restaurant and workplace space, and a 5,000 square foot conference facility. The project development will be one of the 1st Utah projects funded via the EB-5 plan and will produce an estimated 482 jobs when it opens at the finish of the year.

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Chairman and CEO Chris Shurian is determined to show the planet the breathtaking beauty of Bear Lake and is employing Waters Edge as a catalyst to turn the location into a true resort location. Each investor who has visited Bear Lake has been in awe of the astounding setting and captivated by the picturesque scenery.

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I required a companion who shared my vision and could assist get things carried out, said Shurian. I went with NES Economic simply because of their knowledge and expertise in the EB-5 business and their potential to help us in providing a high quality experience for investors. They comprehend the value of sustaining a relationship with investors and can support us manage and defend those relationships.

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NES Monetary, the market leader in EB-five escrow administration goods, supplies finish-to-finish escrow options constructed on its proprietary eSTAC technology, which ensures that all federal specifications are met and no methods are overlooked. When linked together, NES Financials EB-5 Suite of Solutions meets a crucial want for investors and their immigration attorneys by supplying a seamless audit trail of the flow of funds all through the life cycle of the immigration procedure from the I-526 application to the I-829 removal of circumstances.

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Even though the EB-5 plan is a wonderful way to raise capital that creates jobs, it is also about providing possibilities to foreign investors interested in starting a new life in the US, mentioned Reid Thomas, Executive Vice-President of Sales and Marketing and advertising at NES Monetary. We are pleased to perform with the group at the Utah Regional Investment Fund who is focused on the worth that added capabilities deliver to their investors by selecting our secure, transparent, and compliant solutions.

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Discover far more about NES Financials EB-5 Administration Solutions.

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About NES Economic

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NES Financial supplies technologies-enabled solutions for the efficient administration of very specialized economic transactions. Our custom solutions incorporate EB-five escrows, 1031 exchanges, and multi-tiered sub-accounting transactions. Several of the worlds largest financial institutions and corporations rely on our proprietary technologies, unparalleled expertise, and outstanding services to make sure the safe, transparent, and compliant management of funds. Repeatedly recognized by Inc. Magazines 500|5000 as one particular of the fastest growing private businesses in America, NES Financial aids firms lower administrative costs, lessen threat, and improve ROI. For much more data, check out http://www.nesf.com.

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About Utah Regional Investment Fund

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The Utah Regional Investment Fund (URIF) was approved in 2011 to market enhanced economic growth throughout the state of Utah. By leveraging existing economic sources, URIF is able to launch profitable commercial enterprises and achieve improved regional export sales, productivity, job creation, and domestic capital investment into rural and targeted employment areas. URIF focuses on viable projects in a broad variety of sectors which includes hospitality, lodging, restaurants, well being and wellness, and senior living. For far more info, check out http://www.fundutah.com.

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More Administrator Press Releases

Ultimate Options Associates Switches to 3CLogic to Grow Residence Loan Modification Programs

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Rockville, MD (PRWEB) April 18, 2012

3CLogic, the leader in cloud based get in touch with centers hosted on Amazon Web Services (AWS), is proud to announce that Ultimate Solutions Associates has switched to 3CLogic to run its Home Loan Modification programs. For a lot of companies, deciding on the proper make contact with center computer software to administer its Inbound and Outbound campaigns efficiently is essential. If the user interface is cumbersome for reps to understand and adopt, it can prove to be a sinkhole for time and funds. 3CLogic supplies tailored get in touch with center solutions for firms of all sizes, including essential functionalities such as customized IVR (Interactive Voice Response) systems, flexible pricing alternatives and both genuine time and historical reporting formats.

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Ultimate Solutions Associates, aiming to supply clientele with help on safely and efficiently modifying their home loans, performs with customers to defend their properties from falling victim to foreclosures. Ultimate Options Associates worked with 3CLogic to administer complete campaigns with specially educated legal assistants to respond to client inquiries and mortgage troubles. Ultimate Options Associates leveraged some of 3CLogics Get in touch with Center core features such as live agent monitoring tools and customized IVR (Interactive Voice Response) branches assigned to certain legal assistants.

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Yvonne Stewart, President of Ultimate Options Associates stated, Switching to 3CLogics Make contact with Center software program from our preceding solution provider has shown a dramatic enhance in the efficiency of our representatives. Our sales and business productivity has increased tremendously as our representatives are capable to take benefit of a easy, effortless to use method.

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Ultimate Options Associates positive aspects from a tailored Interactive Voice Response (IVR) for incoming callers, that handles each business hour and following hour calls effectively. This enables Ultimate Options Associates buyers to reach the desired legal assistant at their customized extension, or be forwarded to a default operator. Throughout company hours, buyers who speak to Ultimate Options Associates are greeted with a welcome message, and then directed to their respective legal assistant, raising buyer satisfaction.

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3CLogic is pleased to supply Ultimate Options Associates with an affordable, custom tailored answer that supplies them with all the core essentials they require to handle their agents and buyers, stated Raj Sharma, President and CEO of 3CLogic. We welcome Ultimate Options Associates to join our expanding list of clients switching from our competitors. This additional proves that 3CLogic’s Virtual Telephony Application Grid (V-TAG) architecture offers the most reliable infrastructure for cloud primarily based call centers.

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By switching to 3CLogics Contact Center Answer, Ultimate Solutions Associates legal assistants have the capability to verify all forwarded calls to their voice mail box directly by means of a net browser. This offers them with the comfort of being in a position to help their clients while on the go. The 3CLogic software also permits supervisors to have access to agent voice mails, reside monitoring of their representatives, a barge-in function and other reporting tools to successfully manage all incoming calls and inquiries. Similarly, managers and supervisors advantage from getting on demand access to all historical and actual-time reporting and records at the click of a button. This permits managers to see how interactions in between representatives and clients were handled, how certain outcome codes have been chosen, or what areas of improvement require to be implemented.

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About 3CLogic: &#13

3CLogic, headquartered in Rockville, Md., provides a complete suite of cloud primarily based inbound and outbound consumer interaction channels such as voice, chat and social media, which integrate with existing Buyer Connection Management (CRM) application. This integration provides firms with a 360 degree view of all consumer interactions regardless of the channel chosen by their customers. With 3CLogic’s cloud based Contact Center, companies have much more accurate and timely info about their prospect or customer and they can more effectively respond to communications, make certain buyer satisfaction with greater service, and drive toward a bigger lifetime worth of every account, buyer or client. For a lot more details, please contact 3CLogic at 800-350-8656 or info(at)3clogic(dot)com. http://www.3clogic.com.

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About Ultimate Solutions Associates:&#13

Situated in Winter Park, FL, Ultimate Solutions Associates is a for profit corporation aimed at assisting their buyers from losing their properties to foreclosure. Ultimate Solutions Associates supplies their customers with the aid needed to safely and efficiently modify their home loans. Their internet based loan modification document preparation computer software assists homeowners by supplying them complete software program with the guidance necessary to safely and efficiently undergo the loan modification process. With 7 new loan modifications offered nowadays, Ultimate Solutions Associates covers all occurrences that their consumers could face ranging from loss of job, layoffs, and death of a spouse.

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Associated Loan Modification Services Press Releases

TrustedConsumerReview.com Announces Fresh Healthful Vending As Best New Jersey Healthy Vending Machine

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New York, New york (PRWEB) June 11, 2013

TrustedConsumerReview.com is pleased to announce Fresh Healthful Vending as the ideal New Jersey vending machine business. Fresh Healthful Vending is the leader in providing organic and healthier snacks by means of it is revolutionary healthful vending machines

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Prospective franchisees, and school administrators seeking for an innovative concept, and healthy way to offer nutrition to young children, will be pleased to hear of Fresh Healthier Vending, and the idea presented by Fresh Wholesome Vending for enterprise owners in New Jersey, interested in a new and exclusive vending machine concept.

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Fresh Healthful Vending delivers healthful snack vending machines, in addition to coffee vending machines and coffee franchises, for companies.

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TrustedConsumerReview.com is the leader in offering correct, and trustworthy, evaluations of products, solutions, and companies. Now, more than ever, obesity has turn out to be a difficulty of epic proportions. Organizations like Fresh Healthful Vending make wholesome foods available in practical locations, and provide a healthy alternative to sugar, sodium, and fat laced snacks/meals.&#13

To find out far more about wholesome vending machines, and why Fresh Healthy Vending! was picked as the very best school vending machine organization, please visit http://trustedconsumerreview.com/healthy-vending-organization

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About TrustedConsumerReview.com &#13

TrustedConsumerReview.com is a top provider of independent critiques and rankings for thousands of goods and solutions.

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Find More Administrator Press Releases

Foods4BetterHealth Reports on Hepatitis A Outbreak

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Boston, MA (PRWEB) June 11, 2013

Foods4BetterHealth.com, a new food and nutrition web internet site that believes in utilizing meals to heal and stop illness and illness and support you live a long, pleased life, is reporting on the current hepatitis A outbreak that affected five U.S. states, as announced by the U.S. Meals and Drug Administration (FDA) earlier this week.

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As Foods4BetterHealth notes (http://www.foods4betterhealth.com/news-bite-frozen-fruit-mix-recalled-linked-to-hepatitis-a-outbreak-2137), 34 individuals had been infected with the hepatitis A virus allegedly due to contamination in a Townsend Farms frozen berry mix. To date, nine individuals have been hospitalized. The Centers for Disease Manage and Prevention (CDC) is investigating the incident, believed to be caused by contamination from the pomegranate seeds, imported from Egypt, found in the berry mix. Townsend Farms is voluntarily recalling the solution and is informing its retailers about the contamination.

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As the post News Bite: Frozen Fruit Mix Recalled, Linked to Hepatitis A Outbreak, reports, hepatitis A is a rare but contagious liver infection that is generally only present in North Africa and the Middle East. This isnt the very first time that a hepatitis A outbreak occurred due to meals contamination the write-up also notes that the very same genotype of the virus was identified in Europe earlier this year and in 2012 in British Columbia, Canada, which was also a outcome of contaminated pomegranate seeds.

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The Foods4BetterHealth article notes that shoppers need to immediately discard this solution if theyve bought it, and get checked by a physician if theyve already consumed the item. Hepatitis A symptoms typically seem five to 15 days right after exposure to the virus. If treated inside two weeks with a hepatitis A vaccination, there are generally no long-term effects however, if left untreated, the condition can progress to liver failure and death.

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The Foods4BetterHealth report concludes that buyers want to be vigilant about the goods they purchase, and that meals makers must take more duty for the things they import.

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(Supply: Townsend Farms voluntarily recalls limited lots of frozen organic antioxidant blend items due to achievable wellness threat, U.S. Meals and Drug Administration web site http://www.fda.gov/Safety/Recalls/ucm355166.htm, last accessed June 4, 2013.)

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Foods4BetterHealth.com, produced by Medical doctors Health Press, is a meals news and well being net internet site, offering readers information about the newest meals controversies, exclusive expert tips, and the overall health tips they need to ward off illness, stop illness, and live a lengthy, healthy life. For a lot more details, go to http://www.foods4betterhealth.com.

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Connected Administrator Press Releases

Florida Foreclosure and Brief Sale Specialists Aid Property owners Stay away from Foreclosure without Bankruptcy

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Jacksonville, Florida (PRWEB) April 22, 2012

Florida foreclosure and short sale professionals have the unfortunate task of viewing the face of foreclosure from the ground level. The method to cease foreclosure is complicated and some home owners face challenges that other homeowners do not face in the course of foreclosure. Conventional ways that a homeowner could explore to avoid foreclosure incorporated filing bankruptcy or hiring an attorney that could use legal blockades to slow the foreclosure approach. AvoidForeclosure.com, the on the web foreclosure assist center, announces that its programs are now nationwide. New choices are offered for homeowners to avoid bankruptcy apart from bankruptcy or hiring attorneys. These national programs are now obtainable in every U.S. state and are a combined work of more than three years of analysis and improvement.

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The news media has reported the high quantity of foreclosures in U.S. states like Arizona, Michigan and Florida. These states are some of the hardest hit because the actual estate market slowdown in 2008. The Obama Administration has focused efforts to support property owners struggling with foreclosure, but no new federal help has been approved by Congress. Some property owners facing foreclosure are browsing for alternative methods to remain in their homes and keep away from the sale of their home. The effect of foreclosure is devastating to households and folks in several states, stated Joe Kern, Housing Consultant for AvoidForeclosure.com. The statistics are reported everyday by the news media, but we get to read personal emails and requests for aid from desperate homeowners daily, Kern added.

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Some banks and mortgage lenders stop negotiations and loan modification requests soon after a certain length of time has passed. Proving economic hardship has been a single of the challenges that some property owners have faced when fighting to keep away from foreclosure.

Minnesota Quick Sale Agent Kris Lindahl Launches A Site For Minnesota Residents To Learn Their Brief Sale Eligibility

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Blaine, MN. (PRWEB) August 18, 2012

Kris Lindahl the #1 Edina Realty Minnesota and Wisconsin Brief Sale Agent explains that Occasions are changing, property owners that are taking benefit of technology will sell their homes significantly more rapidly, simply because the residence will be observed more, says Kris Lindahl. Kris goes on to add, Most genuine estate agents are not employing the World wide web, or are making use of it in a quite limited, unproductive way. Kris Lindahl goes on to explain, That is why I launched the Minnesota Quick Sale calculator internet site, at MNShortSaleCalculator.com, so people can get the brief sale data they want, 24/7.

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I realized that with the approaching expiration date of the 2007 Mortgage Debt Relief Act, which is at the finish of this year, homeowners would need help deciding if a quick sale was the right choice for them. To help Minnesota residents see if their house is eligible for a Minnesota brief sale, I developed the MNShortSaleCalculator.com internet site, Kris Lindahl explains. Kris Lindahl adds, I also created a site for Wisconsin residents, who can benefit from the Wisconsin Short Sale calculator site. All homeowners have to do is check out the WisconsinShortSaleCalculator.com web site, to see if their Wisconsin property qualifies for a quick sale loan.

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One of the widespread questions I get from property owners is what is the Mortgage Forgiveness Debt Relief Act of 2007, remarks Kris Lindahl the #1 Edina Realty Agent, who specializes in brief sales for Minnesota and Wisconsin residents. The Mortgage Forgiveness Debt Relief Act of 2007 was enacted on December 20, 2007. The Act enables the exclusion of revenue realized as a result of modification of the terms of the mortgage, or foreclosure on the homeowner’s principal residence, Kris Lindahl says.

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Kris Lindahl utilizes technologies that has placed Kris in a best producer spot with Edina Realty, and also permitted Kris Lindahl to turn into a leading short sale agent. Kris Lindahl is also a Wells Fargo Quick Sale Agent, which is attributed to all of the cutting edge technologies that Kris utilizes on a daily basis.

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If a homeowners home does not come up when folks search on the Internet, which people are doing these days when they appear for a home, the chances of the house promoting in a timely fashion are tremendously lowered, which could price folks tens of thousand of further dollars in taxes if their brief sale takes place right after the 2007 Mortgage Debt Relief Act expires, Kris Lindahl explains. That is the major purpose that I am generating websites, and optimizing them, so property owners properties will come up at the top of the World wide web search results pages for the search phrases that people are typing in the search bar when looking for residences for sale, Kris Lindahl says.

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Contact Kris Lindahl at 763-607-1415, or visit the MNShortSaleCalculator.com site, when prepared to see if a property in Minnesota or Wisconsin is eligible for a quick sale. For individuals attempting to beat the expiration deadline of the 2007 Mortgage Debt Relief Act, so they will not owe extra dollars in taxes, can call Kris Lindahl for assist. Kris Lindahl is a really seasoned leading Minnesota short sale agent who has a extremely high success rate of acquiring quick sale loans authorized, and is operating to assist homeowners get their short sale loans authorized ahead of the end of the year.

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Associated Loan Modification Press Releases

Homeowners Consumer Center Urges Bankruptcy Attorneys or Law Firms to Join Their Vital Initiative for Struggling US Property owners in All States – That’ll Expand Their Practice

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(PRWEB) April 23, 2012

The Homeowners Consumer Center says,”We probably need each competent bankruptcy lawyer, skilled actual estate attorney and/or plaintiffs law firm with a background in mortgages to join us in a essential work to help millions of US property owners who have no a single in their corner. We know there are millions of US home owners who are upside down on their homes, or who have been given incredibly negative suggestions by their mortgage loan servicing bank, and, as a outcome, bankruptcy may possibly be the only realistic option left.” The group says, “At this moment a lot of, to most loan modifications are handled by non-attorneys, and the result is the homeowner gets short changed, with no services rendered at all. We also know for numerous upside down home owners, or property owners facing a foreclosure, bankruptcy might be the only logical alternative. We are attempting to launch a robust national work to educate home owners about what a skilled lawyer or law firm can do for them, and we actually do think this initiative is vital.” http://HomeownersConsumerCenter.Com

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The sorts of attorneys or law firms the Home owners Customer Center seeks to include the following varieties of attorneys, or law firms in crucial national initiative, as adhere to: &#13

Bankruptcy attorneys, or law firms that offer bankruptcy protection for property owners in over their heads on a mortgage, or a house loan in a main top 200 US metro location. &#13
Attorneys, or law firms in every single state, or key best 200 US metro location that provide legal representation for homeowners, who are attempting to get a loan modification from their lender. &#13
Attorneys, or law firms providing foreclosure defense in each and every certain leading 200 US metro location such as Los Angeles, San Francisco, Las Vegas, Phoenix, Chicago, Dallas, Columbus, Boston, New York, Baltimore, Houston, New Orleans, Memphis, Miami, Atlanta, Tampa, etc. &#13
Attorneys, or law firms that offer you achievable mortgage restructuring that entails a forbearance agreement in a top 200 US metro area. &#13

Attorneys, or law firms, that offer credit counseling solutions in a best 200 US metro location.

Participating attorneys or law firms will get a listing on the Home owners Consumer Centers Legal Resources Initiative internet web site page, by state, and state metro location. The group will be carrying out weekly national press releases created to drive property owners to the Home owners Customer Center’s Legal Resource Initiative page, with the goal becoming the property owners take benefit of the attorneys or law firms in their regions, that offer you loan modification help, bankruptcy help, mortgage loan perform out help, and so forth. This initiative will run for one particular full year beginning in May of 2012, and the price for participation is $ 185. Only licensed attorneys or law firms will be permitted to participate in this initiative. The Property owners Customer Center expects participating attorneys, or law firms will have a significant improve in new customers, primarily based on their participation in this vital initiative. For a lot more details interested attorneys, or law firms are welcome to contact the Homeowners Consumer Center at 866-714-7466, or they can simply sign up by following the prompts on the Legal Sources Web page on the Home owners Consumer Center’s net internet site. http://HomeownersConsumerCenter.Com

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2012 1st Quarter Chicagoland Foreclosure Statistics

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Chicago, IL (PRWEB) April 25, 2012

For 2012, month after month foreclosures have been steadily increasing every single month all through the six counties of Cook, Will, Kane, Lake, McHenry, and DuPage. The total residence foreclosures in January for the combined counties have been 5,138. In February, the total quantity jumped to 6168 – practically a 20% improve from January. In March, the number of foreclosures in Chicago location enhanced even greater to 6,442 – a five% boost from February. Overall, there was about a 25% boost from January to March of 2012.

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Although foreclosures are down all round in the Chicago metropolitan region, foreclosures are still a extreme dilemma nation wide. From the second half of 2010 till the second half of 2011, foreclosures filings had been down by practically 19% throughout the six Chicagoland counties. There have been nearly 80,000 filings in the second half of 2010 and virtually 65,000 in the course of the second half of 2011. Comparing the total year of 2011 to 2010, there was about a 20% reduce overall in 2011 in the six Chicagoland counties.

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The foreclosures, however, have improved from the last quarter of 2011 till 2012s very first quarter. From October 2011 by way of December 2011, foreclosures reached 16,280 for the six Chicagoland counties. From January 2012 March 2012, home foreclosures reached 17,748. This is about an 8% improve compared to the last quarter of 2011. It is completely possible that the lower in the second half of 2011 is due to the foreclosure courts overflowing with foreclosure cases. The median time length to fully method a foreclosure in Cook County is one particular year. The number of foreclosures in Cook County has single-handedly been larger than the other five counties total for more than the past 3 years.

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In previous years, “shady” loans had been often getting blamed for the influx of foreclosures. Almost 70% of property owners in the Chicagoland region, nevertheless, had conventional, fixed rate mortgages prior to their homes becoming foreclosed. In actuality, the main result in of foreclosures is unemployment. There have been several federal funding applications developed over the years to assist struggling property owners. These federal modification applications are aimed toward modifying and adjusting the home owners mortgage payments primarily based on the homeowner’s earnings. Some well-liked programs contain the “Making Property Cost-effective Program” (Nationwide) and, most at present, the “Illinois Hardest Hit Hit Plan” (statewide). Many of these mortgages still outcome in nonpayment, delinquency, and ultimately foreclosure. However, these applications usually only give a temporary repair. Regardless of efforts to modify and renegotiate loans, foreclosures still continue to be strikingly high.