Category Archives: Securitization Audit

eOriginal and DocuSign Announce Joint Webinar Going Paperless: A Checklist for Electronic Success

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Baltimore, Md. (PRWEB) February 04, 2013

eOriginal, Inc., a leader in electronic transaction management solutions, and DocuSign, the global standard for eSignature, are excited to announce a joint webinar event focusing on giving companies looking to go electronic in 2013 a checklist for electronic success. More businesses are exploring the benefits (and challenges) of going paperless, and often these transitions do not come with an instruction manual.

During this live best practices webinar participants will receive guidance and hear success stories from industry experts and current clients. At the end of the presentation, attendees will have a road map to converting paper intensive processes and transactions to a 100% legally enforceable electronic format. eOriginal and DocuSign have become the industry standard in compliance and acceptance among collateral agents, ratings agencies and third party banks and funders across the world.

Were excited to supply our combined industry knowledge to help gain critical insight on factors surrounding adoption of an electronic solution. There are a lot of components to consider when going electronic, from client perception to ratings agency acceptance, and we hope this webinar will give the guidance needed to choose the right solution to support and enhance your organizations workflow while benefiting from the competitive advantage of closing a deal anytime, anywhere on any device. – Samantha Moritz, Alliance Manager, eOriginal, Inc.

Join their webinar and learn how to successfully:

Eliminate Mail, Fax and Storage Costs- allow online access to documents while maintaining security, legality and audit trails.

Work with Paper-based Parties- complement other parties who still require paper transactions.

Use Existing Systems- maintain compliance and management of your electronic documents by integrating with existing systems.

Evaluate Your Company Needs- consider current business processes and find the right solution.

Assess Vendors- apply key techniques when evaluating different electronic solutions.

Speed Time to Funding- transfer, collateralize or securitize faster and easier.

Apply Industry Best Practices – hear top equipment lease and financial industry trends, along with key use cases.

If youre an organization looking to gain insight on how to successfully implement an electronic paperless process for your business, then you wont want miss this event! Register here: https://www.docusign.com/webinars/going-paperless-checklist-electronic-success?jumpid=eOriginalWBServices1212NA

Join DocuSign and eOriginal to learn how to go paperless and achieve electronic success!

About eOriginal, Inc.

eOriginal

Legal Armor Donates $1 Million in Legal Fees to Help Homeowners Facing Foreclosure

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(PRWEB) April 29, 2013

In the response to widespread misconduct and mishandled loan modification scandals by lenders across the country, Legal Armor is launching a $ 1 Million donation campaign to help Americans facing foreclosure.

Homeowners facing foreclosure often do not have the money to hire an attorney for sound legal advice regarding their options even when there is gross misconduct on the part of their lenders in the loan modification and/or their foreclosure process. Homeowners are often forced to seek advice from their friends, mortgage brokers, real estate agents or even from the Internet.

Legal Access is no longer affordable to the common American, says Yvonne Engelbrecht, the VP of Operations of Legal Armor. We created Legal Armor to make it affordable for homeowners to get sound legal advice. Getting bad advice from uninformed but well intentioned people often lead homeowners to make poor decisions that could lead them to lose their homes, ruin their credit and owe money to the IRS. Homeowners should discuss their situation with an attorney that specializes in foreclosure defense who can give them the full spectrum of options that they may not otherwise be aware of.

Legal Armor was created to give homeowners facing foreclosure affordable access to a foreclosure defense attorney who can advise them on their options.

As part of its launch, Legal Armor is donating $ 1 million in legal services churches and any other non-profit organizations that currently help struggling homeowners. Churches and non-profit organizations have been the bastions of hope for many homeowners. We want to reach out to these organizations and offer assistance to them to help their members who are facing foreclosure.

Any church and non-profit organizations that are interested in obtaining more information about our program should visit http://www.legal-armor.com/resources.

About Legal Armor:

Legal Armor sells membership plans to homeowners facing foreclosure. Membership benefits include vital foreclosure defense services such as affordable access to a foreclosure defense attorney, securitization audits, credit counseling and more.

Legal Armor is a privately held company that was founded in response to the growing need for Americans facing foreclosure to have affordable access to an attorney that understands foreclosure defense. It was founded in 2012 and is based in Chicago, Illinois.

For more information about Legal Armor, come to: http://www.legal-armor.com







Program HR 3648 Arizona New Affiliate, Kodi Riddle, Battles Firsthand Foreclosure With Short Sale

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Phoenix, AZ (PRWEB) November 29, 2012

Program HR 3648 Certified Representative, Kodi Riddle, Partner & Associate Broker of A-Aa-1 Realty, leverages firsthand short sale experience to help Cave Creek, Carefree, New River, and North Scottsdale homeowners avoid foreclosure for free.

I ended up short selling my own home I was going to lose my own house and that was a hard fact to face; quite honestly and embarrassing no less, said Riddle. Like many homeowners facing foreclosure, Riddle, tried to apply for a loan modification which didnt work so she opted to short sale her home. You can not do this on your own. Its too personal and it is very hard to keep yourself separated, added Riddle.

According to the Treasury Departments latest report from the Home Affordable Modification Program (HAMP), showed that more than 1 million temporary and permanent loan modifications have failed since the administration began the HAMP program in 2009 through the end of June.

It was the worst time in my life by far, but now I can breathe fresh air and its a very good feeling and that weight is off my shoulders for sure, added Riddle.

Kodis triumph over her personal battle with foreclosure enabled her to experience an unparalleled education in short sales giving her a unique advantage. Having personally gone through the short sale process, Kodi can truly relate with the hardships and the emotional mindset of a distressed homeowner, said Jeremy Bowman, President & CEO of RealPrompt, home of Program HR 3648.

Program HR 3648 is a Free, Privately Sponsored, Non-Governmental, Nationwide Initiative that provides distressed homeowners with the assistance, guidance, and necessary help to avoid public foreclosure. Homeowners who are facing financial hardships and are upside down on their mortgages can receive free assistance from a Certified Program HR 3648 Representative like Riddle.

Navigating through the foreclosure process is one of the most challenging obstacles which no homeowner should face alone. We recruit top Agents and Brokers, like Kodi Riddle, from across the country to apply their personal and professional expertise to help homeowners receive legitimate help for free, said Woods Davis, Co-Founder & VP of RealPrompt.

This program has made the difference to give me an avenue to help [distressed homeowners] with my story, concluded Riddle.

About Program HR 3648

Program HR 3648 is a Free Privately Sponsored Non-Governmental Nationwide Initiative to reach out to homeowners who are struggling with their mortgage payments to provide them with the information, guidance, and actual work that is required to avoid foreclosure. Program HR 3648 is a division of RealPrompt, a short sale solutions provider based out of Chandler, AZ. Program HR 3648 has successfully helped over 4,000 homeowners to find alternative solutions to foreclosure. For more information, visit ProgramHR3648.org or call 1.800.915.1988.







3 Unexpected Trend Changes in the Foreclosures and Housing Market – Reported by RealEstateLicense.org

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Temple, TX (PRWEB) May 24, 2013

“We’re seeing three surprises in the housing market today. Despite the ‘bad economy’ foreclosures are down, there’s been a shift in the underlying reasons for new foreclosures, and the purchasing power of cash buyers is increasing.” says Jeffry Evans, real estate agent, investor and founder of RealEstateLicense.org.

“Foreclosure filings — including notices of default, scheduled auctions and bank repossessions — during the first quarter fell 23% from a year earlier, the lowest level since the second quarter of 2007” according to CNN.

Short sales and other alternatives (where homeowners sell their homes for less than what they owe with bank approval) have been one of the major reasons foreclosure rates are dropping, but experts say the need for short sales is wavering with programs like the Home Affordable Modification Program and the Home Affordable Refinance Program, which have helped millions of homeowners avoid foreclosure.

According to CNN, last spring the nation’s largest mortgage lenders, in an almost $ 25 billion dollar settlement, agreed to help struggling borrowers by lowering their mortgage rates, reducing their principle and other fixes aimed at helping American’s keep their homes. The result has been astounding. Home prices are starting to rise (up more than 8% since January), foreclosures are down, and many are starting to look hopeful that the worst is indeed behind us.

Not only are foreclosures down, but employment is on an upward bend as well. The U.S Bureau of Labor and Statistics reported that employment in the mortgage banking and brokerage sector rose to 288,900 in March from 287,300 in February. When lenders start hiring, its a sign of confidence in current market trends.

During the crash the primary reason for foreclosures was homes being “upside down” where the market price was lower than the mortgage balance. Now it’s reverted back to the traditional reasons for foreclosure including job loss, job transfer, and other financial, family or personal issues.

Rates are lower than they have been in decades, but borrowers must have their documents in order. Financial records and cash saved for down payments are a must in today’s mortgage climate.

The interest rates are good and if you have good credit, you can get a loan. If you don’t you should work on your credit and put some money in the bank and wait to buy. The mortgage companies are still making loans, they just want a lot of information and they want to be sure that you will be able to re-pay the loan.

Modify1 Offers Homeowners a New Do-It-Yourself Mortgage Modification Alternative

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(PRWEB) March 26, 2013

Many homeowners continue their struggles as they attempt to save their homes. Modify1 was established to help homeowners who are behind with their mortgage payments, looking to do a home loan modification, have a home which is underwater or have damaged credit.

Millions of homeowners are facing the ultimate nightmare with the possibility of losing their homes. The economic crisis has led to serious mortgage and credit problems for many. When faced with the threat of foreclosure, hiring expensive attorneys or hiring risky mortgage modification companies are not always the best option or ones thats are realistically feasible for many. Modify1 offers a low-cost alternative where you, the homeowner, can take active steps to keep your place of residence. Step-by-step guidelines are provided to give you the best opportunity to accomplish your goals, in its ethical and affordable Do-It-Yourself approach.

Mark NeJame is the founder and CEO of Modify1. He is the senior partner of NeJame, LaFay, Jancha, Ahmed, Barker, Joshi & Moreno, P.A., a renowned Florida based law firm, a national legal commentator and co-founder of Runway to Hope, a pediatric cancer charity. He states, I believe that Modify1s do-it-yourself guidebooks could be the answer to many financially troubled consumers who couldnt afford to pay, or didnt want to pay, the high fees that lawyers or financial counseling firms charge for their services.

Al Weiss is the President of Modify1. He recently retired as the President of Worldwide Operations for Walt Disney Parks and Resorts and remains active on a variety of boards. Al commented, I saw the opportunity and great need across the country for affordable, high-quality self-help guides focused on the areas of home mortgages, auto loans and credit repair.

Together, Mark and Al, have a goal to allow consumers to pursue lower payments, better credit and financial relief with the help of Modify1.

Modify1 offers books to help you navigate complex issues: Home loan modification; Short sales, deed-in-lieu of foreclosure or bankruptcy; Refinancing underwater homes with HARP; Home foreclosure defense; Auto-loan modification; and Credit repair.

On http://www.modify1.com, you will find not only the available guidebooks to purchase, but a plethora of additional help. As a member of the online Members Forum, you can post questions and exchange comments with other members of the forum. Youll also receive weekly industry updates and a loan modification calculator.

NASCAR Hall of Famer, Rusty Wallace and NBA point guard and All Star, Jameer Nelson have both endorsed Modify1 and serve as its spokesmen.







The Foreclosure Defense Team at the McCann Law Group LLP dba Consumer Attorney Services Thrives in May Under New Supervising Attorney Tarah Seabre

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Jacksonville, Florida (PRWEB) May 21, 2013

Consumer Attorney Services appointed Tarah Seabre as supervising attorney in May to help improve the working efficiency of its national foreclosure defense team. Having worked with residential foreclosures for over two years, Seabre represented just what Consumer Attorney Services was looking for in a supervising attorney.

Seabre attended law school the University of Miami School of Law and received her Juris Doctorate in 2008. Prior to then, she attended Dowling College in her home state of New York and graduated with a Bachelor of Arts in history.

During law school, Seabre worked as an intern at the State Attorneys office. Before being admitted to the Florida Bar, she worked in third party debt collection and consumer law. Upon becoming a member of the Florida Bar, she returned to New York where she became a member of the New York Bar as well.

While in New York, she pursued several different facets within the legal sector. In Manhattan, she worked in commercial, contract, business and estate planning. In New York City, she worked in residential and commercial foreclosure and eviction. She also worked as an in-house counsel for a process serving agency.

Because of Seabres experience working with foreclosure law for over two years, she became intimately familiar with lender practices and policies. She negotiated hundreds of loan modifications and other loss mitigation plans in settlement conferences and judicial hearings throughout New York City and beyond.

Consumer Attorney Services charged Seabre with improving the efficiency of its national foreclosure defense team. As supervising attorney, Seabre helps run multiple legal teams who work in state specific areas.

Her foreclosure defense teams are comprised of supporting attorneys, paralegals, loss mitigation consultants, client advocates and resolution specialists. Together, they focus on helping distressed homeowners achieve the best foreclosure resolution available within the timeliest manner possible.

Consumer Attorney Services hopes Seabres ongoing efforts as supervising attorney continue to improve its national foreclosure defense team. Consumer Attorney Services is a full service consumer advocacy law firm headquartered in Jacksonville, Florida, helping families with but not limited to foreclosure defense, debt settlement and bankruptcy.







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