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The Phoenix Group Solidifies its Position in the Distressed Second Mortgage Industry with Strategic Loss Mitigation and Deficiency Collection Capabilities

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Duluth, GA (PRWEB) January 29, 2009

The markets and the media have been virtually silent about distressed second mortgages – till now. By way of the mixture of expertise and relationships, The Phoenix Group announces a holistic non-performing second mortgage answer. The Phoenix Group focuses on upfront product procurement such as pricing and data validation, asset management and recovery by way of revolutionary loss mitigation, settlement and collection efforts and subsequent asset sale or re-trade.

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The Phoenix Group of Affiliated Businesses, LLC is an asset management leader in the second mortgage arena. With deep roots in the credit card debt and genuine estate industries, The Phoenix Group considers the second mortgage marketplace the niche marketplace to be in appropriate now. “Pricing is at or close to the bottom appropriate now, with supply getting comparatively high. However, we believe that could adjust drastically in the next 12-24 months. The time is appropriate to potentially corner this market,” says CEO Fred Howard who has more than $ 4.5Bn in debt trades beneath his belt.

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“This is a entire new ballgame,” said Sarah Barry, COO of The Phoenix Group. “We have all the proper players and equipment in spot and are already tested. We are excited that our remedy creates a channel to get, service and sell delinquent second mortgage assets that need specialty loan loss mitigation and liquidation. With our firm’s getting encounter, we can keep value advantage and develop a conduit, or flow-primarily based access points, in order to manage a viable technique in the subordinate asset market place. Our operational companion facilities give both secured and unsecured specialty loss mitigation and collections all through the nation.”

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Numerous banks are beginning to work with property owners to modify mortgages. However, recent reports point to increased payments and re-defaulting loans since the modifications add interest and fees back to the principal. Shawn Barry, President of The Phoenix Group, points out, “We recognize the value of aggressive loan modification and settlement delivers to give the property owners the proper incentive to act and get themselves back on their feet. The Phoenix Group integrates its vast network of collectors and servicers to train them on exclusive workout plans in times when most loan modifications are not operating.”

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What about these second mortgages after a foreclosure has occurred? The Phoenix Group manages unsecured second mortgages that are frequently regarded deficiencies. “We work with borrowers who are no longer in the residence due to foreclosure. It is important to recognize that if a second mortgage is not wiped clean in a foreclosure, the second mortgage is nevertheless a valid, legal debt. It remains on record and might influence future purchases. We want to help in producing a payment history so that people have the chance to re-invent themselves and acquire one more home,” adds Shawn.

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The time is proper to exploit this niche industry of non-performing second mortgages. Till now, few, if any, have put all of the pieces together. The Phoenix Group is the holistic solution to tap into the distressed second mortgage marketplace prior to the chance goes away.

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For Info: http://www.PhoenixGAC.com or&#13

Get in touch with: Shawn Barry, President&#13

Email: ShawnB (at) PhoenixGAC (dot) com&#13

Direct Mobile: 804-334-8010

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American Residential Law Group Announces New Federal Protections for Home owners Facing Foreclosure

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Fort Lauderdale, FL (PRWEB) May possibly 28, 2010

Right now, American Residential Law Group has announced that new types of protection have been enacted by the federal government for those home owners facing foreclosure. These types of protection are designed to remove some of the confusion and frustration felt by property owners in need of financial assistance.

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Property owners in dire financial straits have located some relief through the federal loan modification system. Even so, unethical practices by some of the biggest national lenders have led directly to tremendous confusion and problems for the quite home owners the plan was designed to support. To counter this tendency, the federal government has mandated new practices for lenders.

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1st, lenders are now needed to prescreen homeowners in danger of foreclosure, in order to decide if they are eligible for a mortgage modification. In addition, lenders are banned from sending any homeowner to foreclosure, until such eligibility has been assessed. Ultimately, a new 30-day choice timeframe for acceptance of a modification application has been announced, as properly.

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Of course, these federal suggestions can nonetheless be manipulated by unscrupulous lenders. Lending companies intent on acquiring their pound of flesh from their clients can still make issues really tough and confusing for homeowners. As a result, specialist legal counsel is still very recommended prior to filing for a modification program.

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American Residential Law Group also cites that fact that, to date, only 170,000 Americans have received permanent mortgage modifications, even though more than six million property owners are presently struggling to make their mortgage payments on time. Obviously, this quantity suggests that federal guidelines are not adequate, and that professional legal help can provide some substantial benefits for property owners underwater on their residence loans.

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To understand a lot more about residence mortgage modifications and how American Residential Law Group can be of assistance to you, visit them at http://www.ARLGNow.com.

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About American Residential Law Group: American Residential Law Group is a law firm that strives to give the neighborhood with legal assistance and all the advantages to which consumers are entitled under the law. With a considerable background in all locations of customer advocacy, American Residential Law Group remains committed to delivering integrity and excellence for their clients, and increasing their good quality of life.

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To Meet the Enormous Demand for Loan Modification Services, the Parsa Law Group Ramps Up

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Costa Mesa, CA (PRWEB) February 3, 2009

As the foreclosure crisis reaches epic proportions, the nation’s top provider of legal loan modifications and loan exercise services, the Parsa Law Group and its advertising and marketing arm, the National Loan Modification Center, have tripled the size of their operation in the month of January with an added 4 attorneys, 40 help staff and over ten,000 square feet of office space.

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The Parsa Law Group offers specialist legal representation for these wishing to renegotiate an current mortgage with their lender. The ultimate objective of the service is to avoid foreclosure and maintain people in their property. The on-web site team of attorneys and employees has helped thousands of home owners who are facing financial hardship, have a mortgage that is upside down, or are stuck with an ARM/Interest-only mortgage they can no longer afford by stopping foreclosure, lowering their month-to-month mortgage payments, adjusting the principal on their mortgage, functioning out a modified loan with a reduce fixed interest rate, and receiving any missed mortgage payments tacked on to the finish of their loan.

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“For me this is a mission to help as numerous home owners as possible stay in their properties. It is such a shame when we see so several folks that were taken benefit of with loans that were not explained to them totally or when you have an individual that is about to shed their house and complete life’s savings since a person lied to them outright, or due to the fact they lost their job, or are simply going by way of rough monetary occasions like so many other Americans. With the banks out to save themselves with billions in bonuses, and refusing to totally free up credit markets with the bailout income, a line has clearly been drawn, and we have chosen to be on the side of struggling home owners,” stated James Parsa, Lead Attorney at the Parsa Law Group / National Loan Modification Center.

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“It really is been really a challenge to maintain up with the explosive growth of this area of our company,” says Mike Ponzillo, Director of Operations at the Parsa Law Group / National Loan Modification Center. “We are literally hiring people every week since the calls hold coming in and each single case we negotiate with a lender calls for a massive commitment of employees hours and resources on our finish.”

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Kelly Sneed, Marketing and advertising Manager at the National Loan Modification Center, stated, “Because we began this service it has been an ongoing work from a advertising and marketing standpoint to get the word out about Loan Modifications as an option to foreclosure. A handful of months ago men and women didn’t know what a Loan Modification or a Loan Workout was, or how it could support them save their residence.”

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The Parsa Law Group with each other with its advertising and marketing arm, the National Loan Modification Center, is the Nation’s Major Legal Loan Modification Provider, with thousands of homes saved. With an on-website team of attorneys and pros that fight to save houses from foreclosure, decrease mortgage payments, and hold lenders accountable for unfair or fraudulent loans, the Parsa Law Group is the staunch legal ally that struggling homeowners require in these difficult occasions.

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Get in touch with:&#13

Kelly Sneed&#13

800-305-0555

American Residential Law Group Warns Underwater Homeowners to Beware of Mortgage Modification Scams

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Fort Lauderdale, FL (PRWEB) June 25, 2010

American Residential Law Group has nowadays given homeowners with troubled financial outlooks a warning about home mortgage scams. These fraudulent applications can bilk homeowners of the very monies necessary to retain ownership of their homes and can result in foreclosure.

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The financial distress seasoned by property owners across the country has developed an environment of fear. Home owners underwater are oftentimes willing to jump at any possibility to alleviate the mounting stress of their circumstance. Nevertheless, increasingly, such home owners can be the victims of any number of scams.

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One particular of the most frequent difficulties is the bankruptcy scam. This requires filing bankrupt to cease the foreclosure method. Although this does supply an automatic remain, payments will want to be resumed, or the foreclosure will continue.

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Yet another scam is the fake government assistance scam. These involve unscrupulous people masquerading as government-sanctioned applications. Remember, you will never have to spend exorbitant costs upfront to make use of government home loan modification applications. Nonetheless, these scammers often call for higher charges paid up front.

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However one more scam involves leaseback or acquire-back applications. In essence, you transfer the title of your house to one more individual. This particular person will obtain greater financing and let you reside in the house. Nevertheless, the troubles here are manifold. For instance, you will nonetheless owe the debt on the home. You may possibly also never ever regain ownership of your home and face eviction at the hands of those supposed to be assisting you.

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These are only a fraction of the scams unwary home owners can encounter. The ideal option is to seek viable legal help from a organization that has been fighting for the rights of home owners for years.

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To understand much more about property mortgage modifications and how American Residential Law Group can be of assistance to you, go to them at http://www.ARLGNow.com.

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About American Residential Law Group: American Residential Law Group is a law firm that strives to supply the neighborhood with legal assistance and all the benefits to which shoppers are entitled under the law. With a considerable background in all places of consumer advocacy, American Residential Law Group remains committed to delivering integrity and excellence for their clientele, and rising their quality of life.

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American Residential Law Group Warns Property owners to Beware of Widespread Mortgage Modification Scams

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Fort Lauderdale, FL (PRWEB) July 22, 2010

American Residential Law Group urges property owners facing attainable foreclosure action to be wary of numerous fraudulent house mortgage modification scams. These fraudulent applications can seem genuine, but do nothing to advantage property owners financial conditions.

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With the continued financial instability facing the nation, much more property owners than ever just before are faced with the frightening prospect of foreclosure on their homes. One of the most beneficial techniques to alleviate this onerous monetary burden is to modify the home mortgage of these owners. Nonetheless, not all modification applications are produced equal. Some are, in truth, absolutely nothing much more than scams, made to crippled home owners currently-decreased monetary well being.

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American Residential Law Group, a long-time advocate for home owners rights, urges home owners facing the prospect of foreclosure to completely check any lender or organization providing house loan modifications.

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Possibly the most common scam that can trap unwary property owners is the rent-to-own, or leaseback, choice. In this scenario, home owners are tricked into surrendering the title to their home, with the understanding that they will be in a position to get the home back. However, this usually final results in the total loss of ownership, and the continued debt of the original mortgage.

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Another fraudulent property loan modification system consists of fake government modification gives. Frequently, these scammers go to fantastic lengths to appear reputable, even to the extent of building websites that look like government agency sites. American Residential Law Group urges homeowners to be very leery of any company offering such programs, and to acquire the guidance of a legal professional prior to generating any such agreement.

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To find out much more about home mortgage modifications and how American Residential Law Group can be of assistance to you, check out them at http://www.ARLGNow.com.

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About American Residential Law Group: American Residential Law Group is a law firm that strives to offer the neighborhood with legal help and all the positive aspects to which customers are entitled below the law. With a considerable background in all places of customer advocacy, American Residential Law Group remains devoted to delivering integrity and excellence for their clientele, and growing their high quality of life.

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Spotlight Media Elevated Air Time Coverage of their Tv Leads to Help Group Up Americans with Economic Hardships with Trustworthy Firms

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Miami, FL (PRWEB) July 27, 2010

Millions of Americans are burdened with high credit card balances, and millions much more have fallen behind on their mortgage payments and some are even locating it difficult to preserve their auto payments. Via the power of television, Spotlight Media is assisting buyers in helping them team up with reputable economic organizations that can alleviate some of the burdens they are experiencing throughout these attempting occasions.

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The objectives for these trustworthy businesses is to negotiate reduced interest prices on mortgages, and even understand principal reductions on some mortgages reaching a reduced and much more inexpensive payment for the consumer. With overbearing credit card debt, Spotlight media can match consumers to organizations that can assist them settle that debt for thousands less than they owe and minimize their monthly payments. Along with mortgage help, there is help for customers that are behind in their automobile payments there are extremely regarded firms that can help in modifying automobile loans. Trustworthy firms seeking for Auto Loan Modification Leads can contact Spotlight Media.

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If you are a reputable loan modification, debt settlement or automobile modification firm you now have the chance to turn into portion of Spotlight Medias elite rotation and acquire these Live Television leads that are getting generated kind our National Tv Commercials and have them sent live straight to your organization. You will not only be receiving more social media time, you will be playing a crucial component in the re-establishment of the American people. Respected organizations seeking for Loan Modification Leads or Debt Leads can make contact with Spotlight Media.

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Spotlight Media is able to generate an in depth pipeline of eligible shoppers. These reside tv leads provide exclusivity and a higher closing ratio to businesses as we match suitable customers to financial relief businesses.

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There is stress to aid consumers locate monetary relief and assist them to getting back on the road to monetary recovery and that is specifically what Spotlight Media is performing by producing higher quality Television leads and matching consumers with the financial relief organization that very best fits their requirements.

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Spotlight Media is devoted to assisting as numerous buyers as they can. There are many businesses out there claiming they can do what we do but with our combined 45 years in television encounter we not only provide fantastic quality reside Tv leads but our pricing for these exclusive Television Leads is extremely competitive.

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Addison Group Survey Finds No ‘Vacation Time’ From the Job Search This Summer season

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Chicago, IL (PRWEB) June 26, 2013

A new survey, performed by Addison Group, a Chicago-primarily based expert staffing firm, reveals US workers attitudes about looking for new profession possibilities in the course of the summer season months. Addison Groups 2013 US Workforce Survey located that virtually half of US workers surveyed dont program to take a getaway from their job searches this summer season.

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Initially, the survey final results surprised us, considering that traditional wisdom tells us that hiring tends to slow down throughout the summer time, mentioned Thomas Moran, CEO of Addison Group. Our survey respondents could be illustrating the new standard of todays job industry that job seekers feel stress to consistently perform hard at creating a resume, networking and following up with hiring managers. They need to remain active no matter the season.

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Conducted in June 2013, Addison Groups survey asked far more than 1,000 employed and unemployed workers about their job search plans in the course of the summer time months. Forty-nine percent of survey respondents stated that summer is a fantastic time to place much more effort into their job search. Twenty-six % had been frustrated that hiring will come to a standstill and felt businesses dont recruit in the course of the summer time. Twenty-five percent of job seekers program to get pleasure from the summer and place their job search on the back burner.

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Brivo Announces Initial Group of Dealers to Reach Elite Blue Status

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Bethesda, Maryland (PRWEB) June 26, 2013

Brivo Systems LLC, leader in cloud applications for safety management, right now announced that six of its dealers have officially achieved Brivo Blue status primarily based on their efficiency on a mix of particular criteria and commitments.

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The Brivo Blue Independent Dealer Program is intended to deepen partnerships, provide useful education, and give an impressive array of incentives for existing and new dealers who wish to lead with Brivos cloud-based access handle options. The plan supplies a lot more streamlined access to Brivos flagship ACS WebService

United Law Group Files Lawsuit Against Bank of America and Subsidiary Countrywide Residence Loans

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Irvine, CA (PRWEB) April 27, 2009

United Law Group, the major provider of legal foreclosure prevention and foreclosure litigation solutions these days announced that it filed a complaint in the Superior Court of the State of California County of Orange Central Justice Center against Bank of America and its subsidiary Countrywide House Loans, Inc. for tortuous interference with contract, defamation (slander) and unfair business practices (pursuant to B&ampP Code

United Law Group Negotiates $207,186 Principal Loan Reduction for Los Angeles Lady

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Irvine, CA (PRWEB) April 28, 2009

United Law Group, the leading provider of legal foreclosure prevention and foreclosure litigation solutions, effectively negotiated a principal reduction and loan modification that decreased Gail Talbert’s mortgage loan balance by over $ 200,000. Talbert retained the firm in October of 2008. Seven months later the firm completed the negotiation with Homecoming Bank, a subsidiary of GMAC, which saved Ms. Talbert from foreclosure.

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“United Law Group saved my home,” mentioned Ms. Talbert. “I stopped making my payments in October because I couldn’t hold up. When the bank referred to as to hassle me I told them I had a law firm assisting me. They didn’t bother me once again. Retaining United Law Group was the smartest choice I ever made.”

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Ms. Talbert operates as an electronics inspector for a Los Angeles based company. She had been out of work for several months prior to receiving this job and had fallen behind on her payments. Upon understanding that Gail hired a organization to aid her with her stave off foreclosure numerous of her household and close friends became concerned.

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“Folks told me I’d been scammed,” said Ms. Talbert. “But I kept the faith. I got a great feel from the people at United Law Group. The attorneys have been sensible. They stayed in get in touch with with me and worked tough to get the bank to do proper by me.”

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United Law Group takes a strong position against predatory loan modification companies that prey on honest citizens in want of support. Earlier this month the firm issued a statement in support of the government crackdown on these predatory businesses. In addition the firm supplies sources to help individuals to combat mortgage scams.

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“United Law Group is a law firm with attorneys all through the nation licensed by their respective state bars,” stated Corvi Urling, Executive Consultant for United Law Group. “Businesses claiming to have attorneys on staff are not law firms. They cannot do the issues a law firm can do to compel the banks to respond or enforce the client’s rights. Nor are they held to the identical standards.”

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Ms. Talbert, and countless other people like her who made the selection to perform with a law firm like United Law Group comprehend the distinction.

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“United Law Group protected my rights,” stated Ms. Talbert. “I had a negative amortization loan with a payment of $ 2,198 that was escalating annually. I had no equity and could not make my payments. United Law Group got the bank to minimize my principal and my payments dropped to $ 1,652 on a 30-year fixed loan. Now I can stay in my property and sleep at night.”

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About United Law Group&#13

United Law Group is a national law firm with offices in California, New York, Florida, Ohio, Nevada &amp Arizona. It is the largest foreclosure prevention firm in the nation with attorneys licensed in every state. Committed to assisting homeowners facing hardships to hold their houses, United Law Group makes use of legal channels to compel banks to modify adjustable-rate to fixed-rate mortgages, minimize principal and interest, and generate other fair options between the lender and borrower.

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For additional details on United Law Group, pay a visit to: unitedlawgroup.com.

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