I Short Sale, Inc. Focuses on Realtor Education with Nationwide Seminars

Woodland, CA (PRWEB) November 17, 2007

I Short Sale, Inc. (http://www.ishortsale.com), a top nationwide provider of brief sale negotiations and other loss mitigation solutions, has consistently produced an work to deliver education to distressed homeowners, lenders, but most importantly, Realtors. “Ensuring that Realtors are armed with the tools needed to navigate the present cycle and give exceptional service to their customers is the crucial to helping the economy as a entire,” states Eli Tene, President.

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Not too long ago, I Brief Sale has held seminars in Dallas, Miami and Phoenix to deliver the details and supply methods to aid Realtors remain afloat. “We are not attempting to keep our expertise under lock and essential by any means sharing our understanding will pay long term dividends and construct consumers for life,” states Tene.

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The firm has concentrated on some of the most strong metrics in the market place that speak for themselves:

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Leading Ten States in Foreclosure Filings per Households (http://www.money.cnn.com):

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I Brief Sale, Inc. Delivers Revolutionary Loan Modification Services

Woodland Hills, CA (PRWEB) April 17, 2008

I Short Sale, Inc. (ishortsale.com), a leading nationwide brief sale and loss mitigation advisory firm, noted a recent improve in lender cooperation in regards to loan modifications.

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“We have noticed a considerable modify in lenders’ attitudes, which has permitted us to get much more loan modifications approved, and hold struggling borrowers in their homes,” stated Eli Tene, President of I Short Sale. “Our major priority is doing what is very best for the homeowner. If we can negotiate favorable terms to preserve them in the home they adore, than a short sale becomes a secondary alternative.”

In Efforts to Assist Home owners Stay away from Foreclosure, I Short Sale, Inc. Tends to make Loan Modifications a Priority

Woodland Hills, CA (PRWEB) May 11, 2008

I Brief Sale, Inc. (ishortsale.com), a top nationwide short sale and loss mitigation advisory firm, has expanded its loan modification division with the addition of a number of experienced loan modification specialists and support employees.

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Today, our nation is facing an unprecedented scenario in the mortgage business. Residential mortgage credit quality continues to weaken, with each delinquencies and charge-offs on the rise. This trend, in tandem with upward pricing of adjustable-rate mortgage (ARM) loans, falling home costs, and fewer refinancing alternatives, underscores the urgency of locating a workable answer to existing issues in the all round mortgage sector.

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I Quick Sale’s loan modification division has a confirmed method to support preserve property ownership, decrease foreclosures, and restore some stability to neighborhood housing markets. “Our specialists have unparalleled encounter offering property owners and investors with verified solutions,” stated Eli Tene, President of I Brief Sale. “Our major objective is assisting home owners and investors with as several choices as achievable throughout the method. It is crucial that we deliver true progress to our clients by negotiating favorable terms.”

Perfumania Holdings, Inc. Acquires Model Reorg

Sunrise, FL (PRWEB) August 18, 2008

Perfumania Holdings, Inc. (Nasdaq:PERF) (formerly, E Com Ventures, Inc.) announced last Monday that it has completed the acquisition of Model Reorg, Inc. (“Model”), a diversified U.S. wholesale and retail designer perfume and fragrance company.

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Model, which was controlled by the loved ones of Glenn and Stephen Nussdorf, principal shareholders of the Firm, was merged into a wholly-owned subsidiary of the Organization. The Model shareholders received five,900,000 shares of Perfumania Holdings, Inc. frequent stock and warrants to acquire an extra 1,500,000 shares at an exercising value of $ 23.94. &#13

In connection with the merger, the Organization also consummated a senior credit facility with Basic Electric Capital Corporation in the aggregate quantity of up to $ 250,000,000, obtained a subordinated loan from Nussdorf loved ones trusts of approximately $ 55 million, and agreed to a modification of existing debt owed by Model to an affiliate. &#13

“We are really excited about the possibilities and prospects afforded by the merger of Model and E Com,” stated Michael W. Katz, President and Chief Executive Officer of E Com and Model. “The merger will allow us to pursue future growth strategies, take benefit of the synergies amongst the two firms, and position ourselves as a big, independent, national, vertically integrated specialty retailer and wholesale distributor of designer perfumes and fragrances.”

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Forward-Seeking Statements

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This press release includes forward-looking info about the anticipated effects of the merger with Model that are “forward-searching statements” within the which means of the Private Securities Litigation Reform Act of 1995. Those forward-searching statements involve recognized and unknown risks, uncertainties and other aspects that might result in our actual final results, overall performance or achievements of these of our market to be materially various from any future final results, performance or achievements expressed or implied by those forward-hunting statements. Amongst the aspects that could trigger actual results, overall performance or achievement to differ materially from those described or implied in the forward-hunting statements are our capacity to integrate and accomplish synergies amongst ourselves and Model, our potential to service our obligations under the new borrowing facilities, our ability to comply with the covenants in our new senior credit facility, general economic situations, competition, possible technologies changes, adjustments in or the lack of anticipated alterations in the regulatory environment in a variety of nations, our ability to safe partnership or joint-venture relationships with other entities, our capacity to raise added capital to finance expansion, the risks inherent in new item introductions and entry into new geographic markets and other risks and uncertainties described in our filings with the SEC. The Organization undertakes no obligation to publicly update any forward-looking statements, regardless of whether as a outcome of new details, future events or otherwise.

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A Way Out — Not A Bailout, Specialist Howard Dvorkin, Founder of Consolidated Credit Counseling Solutions, Inc. Proposes a Resolution

Ft. Lauderdale , FL (PRWEB) October 1, 2008

America wants a strategy that does not reward individuals for undesirable behavior and at the identical time keep men and women in their homes, without having obtaining taxpayers pick up the tab. At present almost $ one hundred billion worth of loans are deemed at threat for foreclosure over the next two years as borrowers with adjustable rate mortgages, see prices adjust. Some borrowers with these loans are being informed now of payment alterations and the bulk of these loans will reset in 2010.

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“The housing calamity is at the heart of the problems that our economy is facing correct now,” says Howard Dvorkin, CPA, private finance expert, author, founder of Consolidated Credit Counseling Solutions and former consultant to the Resolution Trust Corporation hat focused on bank operate-outs in the late 1980s. “Hunting at the numbers it appears the average boost in mortgage payments will be 65 percent and payments could jump by as a lot as one hundred % for some people,” he continued.

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Until now, the majority of the mortgage crisis was triggered by subprime loans — these with higher interest rates produced to borrowers with poor credit. Even so, borrowers at threat now on typical had good credit but stretched their budgets with option- ARM loans.

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Howard Dvorkin is proposing a viable solution to aid solve the mortgage and credit crisis in the United States. “Once mortgages have been taken more than by the newly formed government agency, they need to only pay the surrendering bank 60 % of the original loan worth. The 40 percent loss from the original lender would be funneled back into the governmental agency to aid fund any required connected costs. As soon as the loan is transferred, the home owners would then be permitted to enter into a 50 or 60 year mortgage at the prevailing interest price, assuming no adverse amortization happens,” stated Dvorkin.

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“The important is to get the month-to-month mortgage payment quantity similar to when the customer 1st took the loan out, just before the ARM reset. Extending principal payments over 50 or 60 years, would allow the customer to be responsible for the principal quantity of the original mortgage. This plan would demand some tax law modifications but it would maintain American’s in their houses,” continued Dvorkin.

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Dvorkin’s proposed program will punish all parties involved. Punishing lenders for giving loans to individuals who could not afford them and these customers who knew they would not be capable to afford the mortgage long-term. Nationwide, there have been two million filings this year and RealtyTrac, a firm that monitors foreclosure activity, projects 2.five million added houses will enter foreclosure over the next year.

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Note to Editor: &#13

Howard Dvorkin accessible for interviews &#13

Get in touch with: April Lewis -Parks 954-377-9344 /Alewis@ConsolidatedCredit.org&#13

AVAILABILITY: Florida , nationwide by arrangement and by way of phone

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I Short Sale, Inc. Offers Default Options Expertise at the Fifth Annual Five Star Default Servicing Expo

Woodland Hills, CA (PRWEB) October 22, 2008

Property owners, lenders and servicers are actively looking for solutions as the quantity of properties falling into foreclosure continues to break records.

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Realty Trac recently reported that practically one in ten home owners is in danger of defaulting on their mortgage. The Case-Shiller index also illustrated that house rates have fallen 21.1% from their July 2007 highs with predicting markets expecting a additional 12% reduction. As the real estate crisis has led the economy to the brink of collapse, the panel discussed sensible options to deal with the major challenges connected with loss mitigation tactics.

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The “Mastering the Quick Sale” panel presented short sale transactions as the most successful alternative to property foreclosure. On the featured panel was Eli Tene, who led the discussion on methods to method a short sale swiftly and the variety of challenges that come with it.

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Panel topics incorporated: inaction on the component of lenders to discover viable options to default scenarios, basic advantages of the quick sale, and potential downsides of pursuing a loan modification. Tene insisted that most foreclosures will be eliminated if lenders adopt suitable procedures for dealing with default circumstances.

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As an specialist in the field, with thousands of quick sales completed more than the previous 19 years, Tene stated that, “by performing a brief sale we keep families secure from the pitfalls of foreclosure as well as saving lenders from the heavy costs involved.”

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Tene points out that the core causes of the problem stay unsolved. “When a person is losing their job or doesn’t make enough income, sooner or later a loan modification won’t hold. Many lenders are just delaying a predicament that could have been solved via a brief sale in the 1st location. Several of the loan modifications I see right now turn into brief sales and foreclosures shortly afterwards.”

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The 5 Star Conference happens annually, bringing with each other numerous mortgage lending and default servicing sectors. The symposium seeks to promote the effectiveness of default servicing experts via independent education and networking activities. Participants addressed the industry’s present requirements and challenges in order to foster a remedy-driven atmosphere.

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I Quick Sale has been assisting distressed home owners and industry experts by supplying mutually useful solutions. To learn much more about I Quick Sale or find out about upcoming seminar series, go to http://www.ishortsale.com or contact (877) 90-Short.

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I Quick Sale, Inc. Cautions Consumers to Function Only with Authorized Loan Modification Specialists

Woodland Hills, CA (PRWEB) January 10, 2009

I Brief Sale, Inc. is cautioning all shoppers, contemplating a loan modification, to make sure and consider working with loan modification specialists that are authorized by the Dept. of True Estate in the State of California (DRE) to execute loan modifications and other loss mitigation services. The DRE certification is a customer’s insurance that companies like I Brief Sale, Inc. meet the requirements stipulated by the Advance Charge Agreement.

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Eli Tene, CEO of I Brief Sale, with 19 years of substantial expertise in the loss mitigation field, states that “most loan modification businesses who supply borrowers with loan modification services in California are either not licensed by the DRE or licensed but do not have an authorized Advance Fee Agreement. Complying with all required California Actual Estate Laws and the California Foreclosure Consultant Act will permit I Quick Sale to expand its services to our customers. There is no doubt that at these hard times our help is necessary the most.”

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I Brief Sale, Inc. (http://www.ishortsale.com) is a leading nationwide brief sale, Modification and loss mitigation advisory firm. Since 1991, it has assisted via its principals thousands of property owners to stay away from foreclosure. I Short Sale, Inc. has created a far-reaching network of home owners, mortgage businesses, banks and Realtors.

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Leadsnet Inc. Reports Enhanced Loan Modifications

South Lake Tahoe, CA (PRWEB) February 6, 2009

Leadsnet Inc., has reported that lenders are stepping up their efforts to modify loans by providing principle reductions, interest rate reductions and forgiveness of back payments. Government and enterprise leaders are calling for improved loan modifications and banks are responding. Wells Fargo, Bank of America, Citigroup and government agencies such as the FDIC, Federal Reserve, Fannie Mae and Freddie Mac have all introduced a myriad of applications in response to the economic reality that over five million homes will be at some stage of the foreclosure procedure this year.

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“Recent moves by lenders across the board has lead to elevated modifications with favorable terms” says Ted Schmidt. President of Leadsnet Inc., http://www.loanmodificationleads.org a top provider of loan modification leads. “Our customers are reporting that they have observed an increase in successful modifications in recent weeks.” He also mentioned that lead production has elevated as a outcome of greater consumer awareness of loan modification applications. A loan modification “lead” is a consumer initiated request for a consultation. Leadsnet Inc. has over 12,000 consultants and loan officers with active registrations.

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Government Programs

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The Federal Reserve announced a new “Homeownership Preservation Policy” which is aimed at borrowers who are 60 days or much more behind. This system is for loans that are owned by the Fed in its recent acquisitions of AIG and Bear Stearns. This system utilizes TARP funds which had been released at the finish of January.

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Hope For Home owners Loan System

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Congress created the HOPE for Property owners (H4H) program to help these who are 90 days or more behind in payments, refinance into much more reasonably priced, long term loans. H4H is an new mortgage designed to keep troubled borrowers in their homes. It is not a loan modification. This plan has been broadly characterized as a failure. The major reason the program did not catch on is that no new lenders want to make loans to borrowers who have a history of not paying and property that is declining in worth. Chairman Bernake in a recent speech acknowledged the applications shortcomings and called for modifications.

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FDIC Loan Modification

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The FDIC announced a plan late last year that promises to mitigate losses to the government and help individuals remain in their houses. This system contains money incentives to loan servicing companies and government share in potential losses.

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To qualify for the system you must have a loan that the FDIC administers and be at least 60 days behind in your mortgage payments ahead of the finish of 2009. This would apply to IndyMac Federal loans.

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The FDIC will restructure your payments so that they are no much more than 31% of your income. Interest prices can be set to 3% for 5 years. There is no principal reduction, rather the excess in the “cost-effective” loan balance and actual balance is added on to the loan at the finish or when the residence is sold.

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Fannie Mae and Freddie Mac Loan Modification

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The Fannie Mae and Freddie Mac plan is for homeowners that are at least 90 days behind in their payments and owe at least 90% of the residences value.

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With this program, the government will allow you to have a lower interest price and principal deferment. Debt ratio targets for this system is 38%. This means that your mortgage payment including tax and insurance can not be much more than 38% of your income. You should reside in the property and not be in bankruptcy.

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Wells Fargo, mentioned that they will be providing principle reduction in regions that have suffered the greatest market place declines. With their current acquisition of Wachovia, who created some of the most toxic “choose-a-payment and NINJA loans (No Income No Job No Assets) they join Bank of America who recently settled a multi-billion dollar law suit as a result of its obtain of Countrywide, who was the nations largest lender in the course of the bubble years.

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Consumers must be vigilant in negotiations with lenders. It is very best to get third party representation from an attorney, CPA or licensed mortgage broker that can negotiate on your behalf. If you can not afford professional representation, there are a lot of certified FHA neighborhood housing counselors that offer the service for totally free. Consumers can go to the Leadsnet inc. customer portal at http://www.loanfix.us for a totally free loan modification consultation.

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Leading Direct Response Television Production Firm, Marcus Productions, Inc., Refuses to Produce Loan Modification and Debt Consolidation Commercials

Hollywood, FL (PRWEB) September 15, 2010

With years of directing and generating some of the most productive direct response commercials, Director Steve Marcus refuses to accept projects from loan modification and debt consolidation organizations who try to scam the customer by asking for money in advance. It issues Steve that other businesses will accept these projects knowing that they are ripping off consumers.

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Steve, who has directed hundreds of effective, national Television campaigns, is concerned that these commercials are getting developed by other companies just to make a quick buck. Marcus productions prides itself for being quite selective with the projects it accepts.

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Forty percent of the projects that come to Marcus Productions are refused because the claims produced by firms can not be substantiated. And, with the way the economy has been more than the last couple of years, the scam artists are coming out of the wood function with new suggestions to rip individuals off via television.

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LeadFlash.com Earns Inc. 500 ‘Fastest Growing Private Company’ Ranking


Delray Beach, FL (PRWEB) August 25, 2009

LeadFlash, an web marketing organization specializing in payday loan and subprime lead generation, has recently been recognized as 1 of the “Quickest Increasing Private Businesses”, according to the annual “Inc. 500” list.

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LeadFlash posted revenues of $ 50 million in 2008, a tremendous 763% enhance from 2005. This tremendous price of growth has earned LeadFlash the title of 28th fastest growing Marketing and Advertising and marketing Firm on the Inc. 500 list. From the multitude of corporations that call South Florida house, LeadFlash also earned its spot as the 9th fastest growing firm in the area. This is a especially grand achievement, given that South Florida has grow to be a hotbed for entrepreneurial, higher-tech, small-to-medium growth firms.

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“We are honored to be recognized by Inc.” said Jeffrey Kleiman, co-founder of LeadFlash. “Given that we began the organization, our focus has been on offering the greatest quality items to our marketplace and the very best service to our consumers. The Inc. 500 award is a reflection of our efforts.”

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With a lot more than a decade of marketing and advertising experience in the economic services arena, LeadFlash continues to expand and carve out a prominent niche in the business. With a employees of more than 50 committed and passionate workers, LeadFlash owns and operates the highest top quality network of lead generation sites, guaranteeing profitable returns for their affiliates and clients. Their core objectives are to deliver the most qualified leads, very best-in-class service and support, and customizable features for lenders wanting an optimal buying experience.

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“Our continuous exploration and improvement of new technologies to far better serve our client base is what sets us apart from our competitors,” stated Brian Clouse, co-founder of LeadFlash. “We are fortunate to be providing products that seem recession proof, and in reality, thrive in a down economy even though at the very same time helping troubled shoppers with their monetary wants.”

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LeadFlash has recently expanded beyond their Payday Loan lead items to consist of Property Loan Modification, Debt Consolidation and Auto Loan lead generation solutions. These expansions are thriving regardless of the current financial climate, and are anticipated to straight increase both internal and companion revenues. With innovative expansions complemented by technologies and creativity, LeadFlash is altering the lead business and breaking new ground in on the web enterprise.

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Leadflash continues to actively pursue any acquisition that will support increase profitability. They also maintain an ongoing search for talented men and women hunting to be portion of the impressive development that this revolutionary company delivers to each a single of their workers. These are clear indications that LeadFlash seeks to additional create upon what it has achieved hence far.

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About Inc.com&#13

Inc. was founded in Boston by Bernie Goldhirsh in 1979 and is currently primarily based in New York City. This monthly magazine targets entrepreneurs and small companies. Spotlighting businesses that have stood above the rest in their person industry, Inc. presently publishes the “Inc. 500” list every year. For more details, please pay a visit to their internet site.

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About LeadFlash.com, LLC&#13

Leadflash combines the newest technology with the most certified experts in the fields of net development, creative solutions, Search engine optimization marketing, programming, social media organizing, sales representation and organization development. Combining this level of knowledge, revolutionary options, and superior technological systems, effortlessly makes LeadFlash a new regular in the lead generation sector. Presently headquartered in Delray Beach, Fla., LeadFlash has not too long ago bought a 20,000+ square foot building in nearby Boca Raton which will offer area for their continued development and expansion. For a lot more info, please visit our web site leadflash.com.

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