Tag Archives: Hunting

HomeForeclosureFighter.com Delivers Help to These Hunting to Stay away from Foreclosure

Posted on by

Hermosa Beach, CA (PRWEB) August 26, 2008

Given that its launch 6 months ago, The Wisdom Organizations, LLC has seen tremendous development in visitors to their most current consumer-aid web site, http://www.HomeForeclosureFighter.com , targeted at the millions of Americans facing foreclosure following the housing crisis earlier this year. With statistics pointing to foreclosure filings escalating 93% more than final year and projections for 2 million foreclosure filings in 2008, HomeForeclosureFighter.com provides distressed residence owners with details and sources about loan modification and other options for avoiding foreclosure. Currently this year, the internet site has helped nearly one hundred,000 property owners connect with Foreclosure Prevention Specialists that specialize in assisting borrowers cease foreclosure.

&#13

“The fast increase in foreclosures this year has led several lenders to consider loan modification as a strategy of loss mitigation,” explained Mark McKendry, CEO of The Wisdom Firms. “Our aim for the web site is to aid connect home owners facing foreclosure with Foreclosure Prevention Specialists, given that numerous home owners are not conscious of loan modification or how to start off the approach.”

&#13

Loan modification includes renegotiating the terms of a loan that are a lot more favorable to distressed borrowers, even though nevertheless sustaining the lender’s interest in the debt. Modification of the loan can involve lowering the interest rate, changing the price from adjustable to fixed, lengthening the term of the loan, and lowering the principal, as effectively as other significantly less common approaches.

&#13

Due to the quantity of foreclosures and the high cost of legal proceedings generally associated with the foreclosure approach, loan modification has emerged as one particular remedy for the crisis. The housing relief bill passed by Congress in late July was centered about a package of loan guarantees to aid distressed borrowers refinance into market-rate mortgages with far more favorable terms. Just final week, the FDIC announced a program to systematically modify the loans of at least 25,000 home owners with mortgages held by failed lender IndyMac.

&#13

HomeForeclosureFighter.com hopes to fill a gap in on the web services that cater to those facing foreclosure. Borrowers can discover a lot more about the options to foreclosure and the foreclosure process via the resources provided by the website. For those seeking the assist of a Foreclosure Prevention Specialist, they can simply offer some simple info about their circumstance and get matched with service providers who may offer competing alternatives to support the borrower keep away from foreclosure. The borrower can review the proposals and choose the selection that greatest meets their wants, despite the fact that they are below no obligation to accept any of the proposals.

&#13

About The Wisdom Businesses:&#13

The Wisdom Businesses is a premiere provider of targeted on the internet advertising services. The company streamlines the client acquisition process by matching targeted buyers with prime service providers. Since 2002, Wisdom has connected more than one million extremely motivated shoppers with monetary solutions firms in the mortgage, insurance and credit industries.

&#13

For more information, please go to: http://www.thewisdomco.com&#13

For far more info about foreclosure aid, please visit: http://www.homeforeclosurefighter.com

&#13

###

&#13
&#13
&#13
&#13
&#13

Mr. HARP Looks Poised to Turn out to be a Household Name Amongst Home owners Hunting To Refinance

Posted on by


Burlingame, CA (PRWEB) March 22, 2012

With so several houses across the nation continuing to shed value, the government remains steadfast in its objective to make it less complicated for property owners to refinance. The HARP (House Reasonably priced Refinance Plan) plan, revised in October 2011 by the Obama administration, removed many of the harsh stipulations that caused the original HARP plan to be vastly ineffective. With the influx of certified property owners below the new HARP program (HARP 2.), the self-titled Mr. HARP is here to support underwater property owners (starting in California) finance their homes at a reduce rate.

&#13

So who is Mr. HARP? Mike Chiu has been a top award winning producer for 20 years in the mortgage lending industry. While several in the business have come and gone, he remains as committed as ever to doing the right factor. As Senior Vice President of BayCal Monetary, he is accountable for overseeing one of the largest mortgage brokerages in the San Francisco Bay Area. Due to the fact of this experience and the energy of BayCals 200+ agents, he feels confident that he can get property owners the lowest rate feasible with the HARP mortgage plan.

&#13

The satisfaction for me is the response I get when I tell individuals how considerably income I can save them on their month-to-month mortgage payments, says Chiu. Thats what makes me really feel very good about what I do.

&#13

The ease of the HARP two. system need to appeal to all homeowners. With the reduction in HARP program recommendations of the Loan To Value (LTV) limits, the elimination of the property appraisal and underwriting procedure, and the modification of fees associated with refinancing, most of the heavy work has been taken care of. Homeowners are not even required to make contact with the original lender of their present mortgage they can contact any mortgage brokerage or agent that they need.

&#13

How do home owners commence the process of refinancing their residence employing the HARP system? Home owners can go to http://www.mrharp.com to check their eligibility for the HARP refinance plan using the eligibility calculator to see if they qualify. Or they can basically call or e-mail Mike. After that, Mr. HARP will take care of the rest.

&#13

My business is all about client satisfaction and developing long-term relationships, says Chiu. Due to the fact at the finish of the day, its all about earning the trust of the client.

&#13
&#13
&#13
&#13
&#13

Discover Far more Loan Modification Press Releases