Study Finds Half of Plastic Surgeons Use Social Media

Staten Island, New York (PRWEB) July 03, 2013

Half of the plastic surgeons responding to a recent survey reported using social media platforms such as Facebook and Twitter to connect with patients. The finding does not surprise Dr. Louis C. Cutolo, Jr., whose Staten Island cosmetic surgery practice serves Brooklyn and other areas of New York City.

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“Most plastic surgeons I know,” says Dr. Cutolo, “embrace social media tools as a way to educate individuals interested in plastic surgery.”

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A patient in Brooklyn, for instance, might find out about a cosmetic process on his Facebook page (https://www.facebook.com/DrCutolo), says Dr. Cutolo, whose web page is usually updated with hyperlinks to stories about the plastic surgery field or tips about subjects such as skin care.

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The Staten Island surgeon says he recently posted a document from the Food and Drug Administration’s web site alerting the public about fraudulent versions of BOTOX

Re-default Price on Loan Modifications 55%: Is the Glass Half Empty or Half Full?


Carlsbad, CA (PRWEB) January 29, 2009

Recent reports from the Workplace of the Comptroller of the Currency show that practically 55% of all Loan Modifications completed in 2008 were at least 30 days delinquent within six months. Instant responses to these statistics cast a unfavorable shadow on the accomplishments of loan modifications. Seeing a substantial reduction in foreclosures, Mortgage Recovery suggests a closer appear at loan modification statistics even though supplying professional advice in gaining larger loan modification good results rates.

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According to information compiled from California’s county records in 2008, foreclosed on a total of 241,093 properties, with combined loan worth of $ 103.9 Billion (averaging $ 464,270 each.) The average California house is promoting at $ 283,624, which translates to lenders realizing a 38.9% loss through every single foreclosure ($ 43.5 Billion in total losses). Now, if 45% of these foreclosures had been prevented with loan modifications, lenders could have saved over $ 19.5 Billion in California alone.

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The fact is, Loan Modifications are proving themselves the most equitable option accessible to all. Even though initial outcomes have been conflicting, statistics show growing good results, allowing far more Americans to preserve their homes.

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Here are five motives loan modifications have not had a higher success price:

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1. With several Loan Modifications, loan balances go up.

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Since many lenders add unpaid interest and costs to balances, homeowners often stroll away with far more debt than they started with. A study by Alan White, an assistant professor of law at Valparaiso University, located an typical of $ 10,800 was added to mortgages after a loan modification.

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2. Loan Modifications resulting in greater payments do not resolve the problem.

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It should come as no surprise that with few lenders minimizing interest rates or principal — and most tacking on charges to the loan balance — nearly half of loan modifications (45%) resulted in enhanced monthly payments, while 20% left payments the very same according to White’s study. “When you give a modification that doesn’t actually decrease one’s payment, what do you think the odds are that they’ll re-default?” asks Austin King, national director of ACORN Financial Justice Center, a New Orleans-primarily based customer group.

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3. Even after a Loan Modification, numerous homeowners nevertheless owe much more than the residence value.

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Borrowers who owe a lot more on their residences than they are worth have small incentive to keep. “I am a huge advocate of the FDIC’s program using principal forbearance, due to the fact when folks are upside-down by hundreds of thousands and can not make their payments, they might walk away,” says Jonathan Bellomo, VP of Operations of Mortgage Recovery, a Carlsbad, CA based firm. “Just stated, a loan modification demands modifications important-enough to enable property owners to maintain their payments.”

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4. Homeowners accept unaffordable terms.

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Desperate to preserve their houses, a lot of homeowners accept loan modification gives they can not afford, unaware of other options, according to Bellomo. “If you get a modification that you can’t afford, counter that supply.”

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5. Navigating the system is hard.

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Most homeowners who attempt to deal straight with banks have neither the time or experience to negotiate on their personal behalf. Client service reps, the men and women home owners typically get on the telephone, are not authorized to modify a loan. Acquiring past these reps and to the correct men and women can be timely, hours on the telephone hours most operating Americans can not afford to waste.

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So what are troubled home owners needing a loan modification to do? If you are not a trained specialist, you need to consult with a specialist. Decide on a trustworthy firm that will fight for a viable loan modification. With all the scam-artists and beneath-certified firms making problems worse, locating the proper firm might also be a daunting job.

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Right here are a few suggestions on discovering the proper Loan Modification Firm:&#13

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