CDPE Designation Reaches 25,000 True Estate Pros Educated in Short Sales, Foreclosure Avoidance

Austin, TX (PRWEB) September 16, 2010

The Distressed House Institute, LLC right now announced it has reached the milestone of 25,000 true estate specialists trained in foreclosure avoidance tools and methods by way of the Certified Distressed Property Expert (CDPE) Designation course. Getting reached this level in less than 3 years, CDPE is the fastest-developing independent designation in real estate industry history.

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We are extremely proud of the inspiring function our members are performing across the nation to aid property owners keep away from foreclosure, Alex Charfen, co-founder and CEO of the Distressed Property Institute, mentioned. This movement of educated agents is developing swiftly. With nationwide unemployment at 9.six percent, underemployment more than 18 percent, and mortgage delinquencies amongst prime loans above ten %, there has by no means been a higher require for agent education in quick sales and foreclosure avoidance.

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In a quick sale transaction, the lien holder accepts the promoting price of the property, even if that amount is less than (quick of) the borrowers mortgage balance. This foreclosure avoidance option is less damaging to a home owners credit score, will not challenge employment or security clearance, and allows the seller to be eligible for Fannie Mae- or Freddie Mac-backed loans in a shorter period of time.

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As the actual estate market and neighborhood markets change, the CDPE training consistently evolves to give real estate specialists with the most efficient education to assist homeowners in want, Charfen added. We will continue to assist agents turn into essential advocates for their consumers and communities. The CDPE membership movement is a single that gets stronger with every new designated agent.

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The development of the CDPE Designation has been assisted by the endorsement and support of best brokerages, such as RE/MAX, LLC Keller Williams

Agency Receives Designation as HUD-Approved Regional Intermediary


Riverside, CA (Vocus) July 7, 2010

Springboard Nonprofit Customer Credit Management is pleased to announce it has been authorized by the U.S. Division of Housing and Urban Improvement (HUD) as a regional intermediary agency. This signifies that Springboard serves a distinct regional area with branches or affiliates in eight or fewer states. As a regional intermediary agency, Springboard provides education, technical assistance, oversight and pass via funding to regional affiliates or branches. Springboard is recognized as one particular of the biggest nonprofit HUD-approved housing counseling agencies on the West Coast with offices in California, Nevada, Arizona, Texas and New Mexico.

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Prior to this expanded regional status, Springboard was certified as Multi-State Organization (MSO) offering housing counseling solutions in California, Nevada, and Arizona. Established in 1974, Springboard is a 501(c)(three) nonprofit community service organization that functions to strengthen communities and improve the lives of consumers by providing services that promote economic literacy, homeownership and a healthier economy.

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Have been extremely pleased to get this critical distinction, mentioned Todd Emerson, Springboards president and chief executive officer. This is a significant achievement for our agency and the communities we serve. Springboard has a very educated employees that is committed to supplying extensive housing counseling, top quality financial education and specialist assistance to men and women and households in need to have, stated Emerson.

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Springboards core solutions contain monetary education credit and debt counseling debt management plans bankruptcy counseling and housing counseling, which includes foreclosure prevention and reverse mortgage counseling. In 2009, far more than 200,000 people nationwide contacted Springboard for counseling in credit and debt, bankruptcy, foreclosure and reverse mortgage.

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Springboards new portal http://www.HomeOwnership.org enables customers to access all HUD housing counseling solutions offered by the agency. Homeowners can schedule a priority counseling session with a certified housing counselor or may possibly contact a designated hotline for quick help, seven days a week. Distressed homeowners can also go to http://www.HomeOwnership.org and enter fundamental details to figure out the likelihood of a loan modification.

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