Tag Archives: More

Schoolfy Social Networks will Serve More than one hundred,000 Users at Debut

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Sunnyvale, California (PRWEB) June 14, 2013

Just a single month right after Schoolfy announced the summer launch of its cost-free educational technologies platform, the number of schools and teachers who have requested invitations or made custom agreements with the Internet company will lead it to exceed one hundred,000 customers at debut.

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Schoolfys CEO Oscar Civantos said that the response has been worldwide. Im really pleased with the interest had been seeing from teachers worldwide. This is a free platform made for teachers and with teachers. There are fantastic expectations, and have been excited to launch with revolutionary features and superb consumer service.

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When pressed for an official Schoolfy launch date, Civantos would only anticipate a late August or extremely early September 2013 debut. Many US schools will currently be in session, but had been prioritizing the high quality of our item more than the rush to bring it to industry. He added that Schoolfy demos will be released just before the launch. Teachers will see that our technology is very effortless to use. Its made to work from day one no high-tech coaching is essential.

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Schoolfy has been dubbed the 1st Integrated Social Management Technique for educators. The technology blends private social networks with patented time-saving apps for teachers and school administrators.

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Within Schoolfy teachers can set up calendars, assign tasks and homework, share multimedia content material, assess work, and otherwise interact with students, parents and school staff on the web in genuine-time. The intuitive interface is essential to the ed tech firms aim of assisting teachers save time.

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Mentioned Civantos, The concept behind Schoolfy is to supply all teachers with best educational tools regardless of spending budget or physical location. A lot of teaching hours are lost to paperwork and other secondary tasks. Lets place that time back into teaching and properly improve the quality of education worldwide.

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Schoolfy.com can now be viewed in English, Spanish and Portuguese. The totally free educational technologies platform will quickly be released in these and other languages.

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New Oregon Law Offers A lot more Certainty to Property owners who Brief Sale Their Property

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Portland, OR (PRWEB) August 29, 2011

HB2916 which was not too long ago signed into Law by Oregon State Governor John Kitzhaber will help establish a lot more certainty around seller deficiencies soon after finishing a quick sale of their house, according to John Bacon, a Broker with Keller Williams Realty Portland Premiere. The deficiency, which is the distinction in between the balance owed to a lender and what a property sells, can leave some home owners open to future collection attempts by lenders. It is hoped that the new law will give clarity to the situation since lenders who write off the bad debt with the IRS will not be allowed to pursue homeowners. It will also assist devastated homeowners who may have been faced with filing bankruptcy.

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The hopeful outcome will be far more clarity for Oregonians,” stated Keller Williams Realtor John Bacon. Mr. Bacon contacted State Representative Matt Wingard to see if something could be carried out to aid struggling home owners faced with bankruptcy, foreclosure or quick sale. “With the run up in property values homeowners who fell on challenging occasions had the ability to sell their residence when times got hard but plummeting equity place a lot of hardworking excellent people in a predicament of getting upside down in their home,” stated Mr. Bacon. There have been over 2300 properties in the Portland Metro Region which have sold considering that the nearby A number of Listing Service started tracking Quick Sale data in July 2009. Additionally, there are at present more than 2400 short sale properties actively becoming sold in the Portland Oregon region.

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“We see homeowners who are facing foreclosure attempting to operate out loan modifications and waiting months for what in numerous instances ends up being a denial or really small adjustment in their mortgage payment. In those situations, property owners have a few options left, a single of which is to Short Sale their house,” said Mr. Bacon. John Bacon is continually referring individuals to the governments internet site which provides aid and guidance to struggling homeowners who are having difficulty with their lender and loan modifications. For far more data and help go to http://www.makinghomeaffordable.gov or contact 888-995-HOPE. John Bacon of Keller Williams Realty Portland Premiere has also set up a site for these unable to modify their loan and searching to options to foreclosure. http://www.HomeHelpinOregon.com and can also be reached at 503-625-2588

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A hyperlink to the passed Residence Bill which became effective June 23, 2011 can be discovered right here: http://www.leg.state.or.us/11reg/measpdf/hb2900.dir/hb2916.en.pdf

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76th Oregon Legislative Assembly–2011 Standard Session Enrolled Property Bill 2916&#13

Sponsored by Representative Wingard (at the request of John Bacon) (Presession filed.)&#13

Chapter …………………………………………. An Act&#13

Relating to residual debts following quick sales of residential property and declaring an emergency.&#13

Be It Enacted by the People of the State of Oregon:&#13

Section 1. (1) As utilised in this section:&#13

(a) Borrower signifies an individual who, straight or indirectly and individually or with each other&#13

with one more particular person, is obligated on a actual estate loan agreement, such as but not&#13

restricted to a mortgagor or a grantor, as defined in ORS 86.705.&#13

(b) Lender indicates a individual that tends to make, extends or holds a real estate loan agreement,&#13

like but not restricted to a mortgagee or a beneficiary, as defined in ORS 86.705.&#13

(c) Real estate loan agreement indicates an arrangement among a lender and a borrower,&#13

such as but not limited to a mortgage or a trust deed, by means of which the lender&#13

agrees to extend a loan and the borrower agrees to safe the loan in complete or in portion with&#13

residential property, or an interest in residential property, that is located in this state.&#13

(d) Residential home indicates actual home upon which is situated four or fewer improvements&#13

developed for residential use, one of which a borrower occupies as the borrowers&#13

residence.&#13

(e) Residual debt implies an quantity due on a loan, proof of which exists in a true&#13

estate loan agreement, note, bond, contract or comparable written agreement, that a borrower&#13

is unable to pay out of the proceeds from a sale of the residential house that secures the&#13

loan.&#13

(f) Quick sale signifies a sale of residential house that is subject to foreclosure below&#13

ORS 86.705 to 86.795 or ORS chapter 88 for an amount that is much less than the remaining&#13

amount due on the loan that the residential house secures.&#13

(two) If a lender reports to the Internal Income Service that as a consequence of or in&#13

conjunction with a quick sale of residential home the lender has canceled all or a portion&#13

of a borrowers debt below a actual estate loan agreement and the lender offers to the borrower&#13

written proof of the lenders report to the Internal Income Service, the lender or&#13

an assignee of the lender might not bring an action or otherwise seek payment for the residual&#13

debt following the brief sale.&#13

Section 2. This 2011 Act being essential for the instant preservation of the public&#13

peace, overall health and security, an emergency is declared to exist, and this 2011 Act takes effect&#13

on its passage.

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Related Loan Modification Services Press Releases

Far more Alternatives Coming for Underwater Home owners

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Riverside, CA (PRWEB) December 06, 2011

In response to recent enhancements to the federal Property Reasonably priced Refinance System (HARP), Springboard Nonprofit Consumer Credit Management, Inc. (Springboard) is advising home owners that confidential, 24-hour on-line assistance is available to borrowers wanting to decide if they meet the certain criteria to refinance their underwater home mortgage at todays low prices. Springboards Mortgage Assistance Advisor(SM) is accessible by means of HomeOwnership.org, the agencys web portal that gives shoppers with the most current info on homeowner help programs, which includes refinance and loan modification choices. HomeOwnership.org is a trusted resource for customers nationwide. The Mortgage Assistance Advisor(SM) is a virtual tool that may possibly be accessed 24-hours a day, 7 days a week. This service is provided by Springboard a HUD authorized housing counseling agency that has been assisting men and women because 1974. Springboard has helped virtually 250,000 property owners considering that the monetary crisis started in 2007.

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We know that distressed home owners frequently dont know exactly where to turn for the most recent information on mortgage payment relief, mentioned Aaron Horvath, president of HomeOwnership.org, a division of Springboard. The Mortgage Assistance Advisor is an simple-to-use online service that will guide property owners to attainable choices and solutions for them, said Horvath.

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First, either the Federal National Mortgage Association (Fannie Mae) or the Federal House Loan Mortgage Corporation (Freddie Mac) must own the loan. Eligible homeowners can refinance at todays low rates, even if they are severely underwater. The revitalized system attributes some current enhancements designed to revive the plan and aid underwater mortgage owners take benefit of todays low mortgage prices to reduced their monthly payments.

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New plan enhancements address several other important aspects of HARP including:

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The plan previously only permitted the residence to be underwater by 125 percent loan-to-value. That loan-to-value cap has been lifted enabling much more home owners to be eligible&#13

You need to be current on mortgage payments in the previous six months. You cant have a lot more than one late payment in the past year. Previously, the program didnt enable any lates in the previous year&#13

Eliminating particular danger-primarily based charges for borrowers who refinance eligible mortgages into shorter-term mortgages and lowering charges for other borrowers&#13

Eliminates the want for new house appraisals exactly where there is a reliable automated valuation model estimate offered Fannie Mae and Freddie Mac and&#13

Extends the date for HARP until Dec. 31, 2013 for loans initially sold to Freddie Mae and Freddie Mac on or prior to Might 31, 2009.

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Home owners are encouraged to pay a visit to http://www.HomeOwnership.org to uncover out the most current info on home preservation and foreclosure prevention, including recent enhancements to the HARP program. The Mortgage Help Advisor(SM) is easy to use. As soon as the homeowner completes a short questionnaire, the Mortgage Help Advisor(SM) will give a list of possible plan options. The homeowner will also have the alternative of speaking directly with a Springboard monetary counselor who will answer any question related to distinct mortgage relief programs. The counselor will be capable to use the information from HomeOwnership.org to navigate and discuss the different alternatives offered to the homeowner. If require be, the counselor will engage in a conference call with the homeowner and the mortgage servicer to begin the function-out procedure.

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Right here is how it works:

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Step 1: Go to http://www.HomeOwnership.org and click Mortgage Help Advisor(SM)&#13

Step 2: Answer simple questionnaire&#13

Step 3: Mortgage Help Advisor (SM) gives list of possible system solutions&#13

Step four: Complete on the web Mortgage Help Profile&#13

Step five: Speak with a certified mortgage counselor

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There is no charge to speak with a counselor or to access the on the web Mortgage Assistance Advisor, stated Horvath. This is an enhanced level of service and help that have been pleased to offer home owners.

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If you not only have an underwater mortgage but also have missed payments, you may possibly qualify for HAMP, the federal Home Inexpensive Modification Program available through mortgage lenders.

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Springboard encourages troubled property owners who have missed any mortgage payments or are about to, to function with a HUD-authorized housing counseling agency. Springboards economic counselors are available to assist property owners assess their situations, recognize options and aid prepare them to perform with their mortgage firm.

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About Springboard Nonprofit Consumer Credit Management&#13

SPRINGBOARD

HAMP Updates Mean Much more Home owners Can Steer clear of Foreclosure

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Waltham, MA (PRWEB) April 10, 2012

HAMP will now supply incentives to Fannie Mae and Freddie Mac to forgive debt on residences with mortgages that are upside down, also identified as principal reductions. John McGeough and Anthony Lamacchia, co-brokers and owners of McGeough Lamacchia Realty, believe these HAMP updates will permit a lot more home owners to keep away from foreclosure by means of reduced month-to-month mortgage payments or by carrying out a quick sale on a property they can no longer afford.

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HAMP was introduced in March 2009 as a way to support homeowners on the verge of foreclosure decrease their mortgage payments. HAMP also consists of Property Affordable Foreclosure Option, or HAFA, for property owners who are unable to pay their mortgage and need to have to transition out of their residences. HAFA was updated this year to much better streamline the process for property owners in search of a quick sale. These updates incorporate the elimination of occupancy requirements for eligibility and up to $ eight,500 for second liens.

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Considering that much less than $ 11 billion of the $ 29 billion set aside for the system has been spent, no new funds want to be allocated for the HAMP system. Aid will now be accessible to property owners who didnt effectively comprehensive a HAMP trial period or who fell out of a permanent HAMP modification due to missed payments.

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Lenders will now get added incentives to reduce the principal on a home owners mortgage. When a lender reduces component of the principal owed on the mortgage they will get paid 18 to 63 cents on the dollar, 3 times the payment provided in the previous version of HAMP. Fannie Mae and Freddie Mac loans will now be incorporated in the principal write down as well. These loans had previously been excluded.

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In the prior version of HAMP, a homeowners debt to revenue ratio had to be more than 31 percent based on the 1st mortgage debt only.The new version of HAMP will now factor in other types of debt such as health-related bills and second mortgages.

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HAMP now provides assist for unemployed property owners as effectively. HAMP will grant borrowers who lost their job a forbearance period which reduces or suspends their month-to-month mortgage payment. The forbearance period can be as lengthy as twelve months, permitting borrowers to locate a job and keep away from foreclosure.

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Home owners will be in a position to apply to the expanded plan beginning June 1, 2012. The deadline will also be extended for one more year, till December 31, 2013.

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About McGeough Lamacchia Realty:

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McGeough Lamacchia Realty is the number one particular True Estate Agency in Massachusetts and named a single of the Leading one hundred True Estate Teams by the Wall Street Journal in 2010. They are a full service real estate agency specializing in short sales serving Massachusetts and New Hampshire.

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http://www.shortsalene.com

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For a list of the updates made to HAMP, visit the Quick Sale New England Weblog

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Associated Loan Modification Services Press Releases

New Wealth Advisors Club Assists One more Member Profit from a Brief Sale in California

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Riverside, CA (PRWEB) September 10, 2012

At New Wealth Advisors Club (http://www.NewWealthAdvisorsClub.com) there is a tight knit neighborhood priding itself on helping home owners steer clear of foreclosure in Southern California. For the past three years, the founders, Dave Boswell and his wife, Melina Boswell, have been functioning hard on placing together genuine estate investor training designed to develop win-win possibilities for property owners and investors alike. This implies that home owners can stay away from foreclosure, although investors earn profit by short sales in California. Actual estate education is offered via an office atmosphere with hands on training. The Boswells believe individuals want to belong and have a sense of accomplishment through an office and not online or by way of a guru seminar in a hotel.

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The majority of investors have discovered to do inventive investing via New Wealth Advisors Club. In todays market place, homeowners want to know they are critical. They dont want to be treated like just one more number. The New Wealth Advisors community of investors lives by the notion that property owners ought to usually be left in a better position than investors identified them. Primarily, this is accomplished by assisting property owners avoid foreclosure with the aid of an investor, who can then profit from a brief sale in California.

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Oscar and Rebeca Solares are some of the dozens of students whom have been able to do real estate investing complete-time because becoming laid off their present jobs. They not too long ago discovered a homeowner facing foreclosure. The homeowner had been trying to do a mortgage exercise or loan modification for some time. The homeowner owed nearly three times what the residence was currently worth. The property was run down due to the loved ones not being capable to sustain the residence.

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By means of the power of the neighborhood at New Wealth Advisors Club, Oscar and Rebeca had been capable to negotiate with the bank and pursue a quick sale.

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A quick sale is defined as a sale of true estate in which the proceeds from selling the home will fall brief of the balance of debts secured by liens against the property and the home owner cannot afford to repay the liens complete amounts, whereby the lien holders agree to release their lien on the genuine estate and accept less than the amount owed on the debt.

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New Wealth Advisors Club focuses a lot of interest on brief sales in California offered the present economy. Heres why – banks arent in the repair n flip organization. They dont have teams of contractors prepared to roll out and make the residence marketplace ready. Therefore, the bank is prepared to decrease the price tag to the current market place worth (just before rehabbed). In this case, the bank agreed to $ 84,000. Following rehabbing the residence, they were capable to sell the house for $ 178,000! They profited over $ 49,000! Not bad for a handful of months perform.

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Just as important, they helped the homeowner keep away from foreclosure. The homeowner is now in position to be able to acquire an additional property in a much shorter timeframe than they would have had they gone to foreclosure. On top of thatthe new homeowner that bought the house is extremely excited with the gorgeous rehab perform carried out to the home. The neighborhood has no complaints, as they dont have a foreclosure sitting vacant in the neighborhood. Win-win-win-win! Congratulations to Oscar and Rebeca Solares for a doing precisely as they were educated and profiting large!

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Verify out the other cool projects going on at New Wealth Advisors Club. http://www.youtube.com/user/NewWealthAdvisors?function=watch

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Oscar and Rebeca Solares at the home with founder, Dave Boswell &#13

http://www.youtube.com/watch?v=UzsGvj6BJWo&ampfeature=share&amplist=UUZn9kEZWLJuhewjkvI68rmA

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Proof is in the numbersBIG Spend DAY!&#13

http://www.youtube.com/watch?v=BqmHo3EeyHY&ampfeature=share&amplist=UUZn9kEZWLJuhewjkvI68rmA

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New Wealth Advisors Club Weblog link&#13

http://newwealthadvisorsclub.com/weblog/

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Connected Loan Modification Press Releases

Homeowners Consumer Center Urges Bankruptcy Attorneys in Any US City with a Population of A lot more Than 50,000 to Join Their Essential Initiative for Struggling US Home owners

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(PRWEB) Could 14, 2012

The Home owners Customer Center says,”We possibly literally need to have every single competent bankruptcy lawyer, or bankruptcy law firm, in each US city, or county with a population of far more than 50,000 folks to join us in a vital effort to help millions of US property owners, who have no one particular on their side. We know there are millions of US homeowners who are upside down on their homes, or who have been provided incredibly bad suggestions by their mortgage loan servicing bank, and, as a result, bankruptcy may possibly be the only realistic option left.” The group says, “At this moment several, to most loan modifications are handled by non-attorneys, and the result is the homeowner gets short changed, with no services rendered at all. We also know bankruptcy may possibly be the only logical choice for several upside down homeowners, or home owners facing a foreclosure. We are attempting to launch a robust national effort to educate property owners about what a skilled bankruptcy attorney or law firm can do for them, and we truly do believe this initiative is vital.” For a lot more data bankruptcy attorneys are encouraged to make contact with the Home owners Consumer Center anytime at 866-714-6466. http://HomeownersConsumerCenter.Com

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Participating bankruptcy attorneys or bankruptcy law firms will get a listing on the Homeowners Consumer Centers Legal Resources Initiative net web site web page, by state, and state metro region. The group will be carrying out weekly national press releases made to drive home owners to the Home owners Consumer Center’s Legal Resource Initiative page, with the purpose becoming the homeowners take benefit of the attorneys or law firms in their areas, that offer bankruptcy help, mortgage loan operate out help, etc. This initiative will run for one particular full year starting in Might of 2012, and the cost for participation is $ 185. Only licensed attorneys or law firms will be permitted to participate in this initiative. The Home owners Consumer Center expects participating attorneys, or law firms need to have a considerable enhance in new clientele, primarily based on their participation in this essential initiative, and the group expects participating bankruptcy attorneys, or law firms to charge their regular fees. For more details interested attorneys, or law firms are welcome to get in touch with the Home owners Consumer Center at 866-714-7466, or they can simply sign up by following the prompts on the Legal Resources Page on the Property owners Customer Center’s internet website. http://HomeownersConsumerCenter.Com

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The Wait is More than — 21st Century Individual Finance Tools Have Finally Arrived!

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Rochester, NY (PRWEB) Might 31, 2012

With tens of millions of Americans struggling with customer debt burdens and millions trying to save their houses from foreclosure, it is shocking that 19th Century individual finance tools remain the major alternative for distressed households. Certainly, the lack of precise and realistic income management tools characterizes the private finance education market that is dominated by private banks, credit unions, larger education, nonprofit foundations, personal finance gurus, and specially federal and state government agencies. Even the Presidents Advisory Council on Financial Capability has ignored its leadership duty to create and market much more accurate and innovative approaches to individual finance in common and household budgeting in particular. Americans need and deserve so a lot more during this period of economic uncertainty.

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The important question is why are monetary institutions and even public agencies continuing to use antiquated personal finance software/techniques and connected budgeting/income management curricula rather than a lot more sensible approaches that address the complexity of modern household finances? In distinct, why are American households encouraged to use gross income assessment tools when their economic reality is that household costs should be paid from net earnings? Is there a cause that these personal finance tools offer the illusion of higher monetary manage and but lead the typical American to greater levels of consumption and eventually customer debt?

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With this ongoing leadership crisis in the individual finance education business, the DebtorWise Foundation is pleased to announce the release of its pathbreaking, net cash-flow budgeting/ personal finance Credit Counseling course that is based on the IRS 1040 federal tax guidelines. Rather than a one particular size fits all strategy to private finance with its inherent imprecision, the DebtorWise Foundations cash management computer software/curriculum allow buyers to: (a) specify the unique financial characteristics of their household, (b) calculate their month-to-month net income, and (c) customize a household spending budget based on the financial constraints of their net cash-flow. The essential functions incorporate household size/structure, tax filing status, and state and regional income tax liabilities. In addition, the DWF budgeting application is accompanied with a state-of-the art document management/information verification method.

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According to Dr. Anita Butera, Esq, Director of Bankruptcy Education, it is striking that Americans are berated over their lack of personal finance expertise. However, the so-called professionals promote personal finance tools that are a lot more suitable for the age of the horse and buggy than the Ipad generation. At DebtorWise, we have harnessed the scholarly vision and academic precision of our founderDr. Robert D. Manning to better serve these Americans that desperately require our sensible guidance and revolutionary budgeting computer software/courses/help.

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As Dr. Butera explains, Imagine trying to develop a spending budget based on gross revenue that ignores state and regional taxes, itemized tax deductions, and even homeowner status. You can simply overestimate available household income to spend month-to-month expenditures by 20% – 25%. And, try evaluating whether or not a mortgage modification is inexpensive when you dont know the net price of decrease loan (tax deductible) interest rates. No wonder so a lot of difficult operating households are confused over balancing their spending budget –with gross incomewhen they recognize that they dont have enough money to spend their bills at the finish of the month! Is it surprising that so numerous men and women give up on their individual finances? With the aim of bridging this informational deficiency, the DebtorWise Foundation is providing the very first net money-flow budgeting curriculum that is primarily based on the IRS 1040 federal tax recommendations.

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The DebtorWise Foundation is the nations leading innovator in on the web monetary education courses and individual finance software. Founded by Dr. Manning, an internationally recognized consumer finance scholar, the DebtorWise Foundation is a nonprofit organization committed to supplying affordable monetary education to financially distressed and low-income households. It gives the pre-filing Credit Counseling and pre-discharge Debtor Education courses that are essential by the Federal Court for filing consumer bankruptcy. Dr. Manning’s most current monograph examines Walmart’s expansion into customer economic solutions in the United States with a case-study of Banco Walmart de Mexico.

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For far more details speak to: &#13

Donna Slavin, &#13

Director of Special Programs &#13

d.slavin(at)debtorwise(dot)org &#13

(585) 270-8398&#13

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LawyersandSettlements.com Reports A 70 Percent Spike In Mortgage Complaints More than Final Year Lawsuits Alleging Bank Misconduct Continue To Be Filed

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Santa Cruz, Calif. (PRWEB) October ten, 2012

While the aftermath of the sub-prime mortgage crisis has seen a quantity of massive U.S. banks defending themselves against charges of misconduct, new information reported by LawyersandSettlements.com indicates consumers are still getting impacted by the crisis. Mortgage-associated complaints submitted to the legal news site have continued to improve year-more than-year as readers continue to seek out legal aid in dealing with foreclosures and discriminatory lending practices.

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LawyersandSettlements.com has reported a 70 % jump in mortgage complaints from January through June 2012 compared with the identical period a year ago. In addition, mortgage complaints to the site have risen 114 percent so far this year vs. a comparable period 5 years ago, in 2007. Complaints are submitted to the legal news web site in order to seek legal aid.

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There are three main categories for which mortgage complaints to LawyersandSettlements.com continue to be submitted:

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1. Predatory and Discriminatory Mortgage Lending. One particular instance of a mortgage lawsuit involving discrimination was the current U.S. Division of Justice case involving Wells Fargo (United States v. Wells Fargo Bank, NA (D.D.C.)). The case was the second biggest fair lending settlement in the departments history. As part of the discriminatory lending settlement, Wells Fargo agreed to pay $ 175 million to settle allegations that it charged African-Americans and Hispanics greater costs and prices on mortgages than for Caucasian borrowers with similar credit profiles. Wells Fargo stated its intent to settle the mortgage lawsuit was to keep away from contested litigation, and that it treated all consumers fairly without regard to race or ethnicity. This, in spite of the massive numbers of discriminatory lending victims uncovered by a government investigation.

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In addition to racial discriminatory lending complaints, LawyersandSettlements.com has also received predatory lending complaints from seniors who allege they have been targeted with items ranging from mortgages with an introductory low price (that rises substantially later on), to reverse mortgages that eat up a homeowner’s equitysometimes without the homeowner fully realizing the correct supply of the nonetheless welcomed earnings.

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Wells Fargo was the target of a reverse mortgage lawsuit final year in Chandler v. Wells Fargo &amp Co., Case No. 11-cv-03831, U.S. District Court, Northern District of California (San Francisco). The mortgage lawsuit, which was filed as a class action, is nevertheless pending. It accuses Wells Fargo of disregarding federal rules on reverse mortgages and forcing homeowners into foreclosure instead of giving heirs a likelihood to buy the residences.

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2. Foreclosures. Foreclosure complaints comprise the second category contributing to the rise in mortgage-related complaints submitted at LawyersandSettlements.com. A single foreclosure lawsuit recently filed by Jay Fenello of Woodstock, Georgia (Fenello v. Bank of America, Case No. 1:11-cv-04139-WSD, U.S. District Court, Northern Division, Georgia) alleges Bank of America has been acting in violation of the terms for foreclosure procedure set forth in U.S. et al v. Bank of America Corp., et al (Case No. 1:12-cv-00361-RMC, U.S. District Court, D.C.). In the filing, Fenello’s allegations center on attempts made by Bank of America to foreclose on his home whilst engaging in illegal and unethical practices, including misrepresenting eligibility criteria for loan modifications.

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3. Investment Loss Stemming from Mortgage-backed Securities. The failure of mortgage-backed securities stemming from the sub-prime mortgage meltdown of a couple of years ago has left numerous investors with substantial losses right after becoming advised that such securities have been low-, or even no-danger investments. In re Lehman Brothers Mortgage-based Securities Litigation, Case No. 08-CV-6762, U.S. District Court, Southern District of New York, plaintiffs in the class action lawsuit have been awarded $ 40 million in damages. LawyersandSettlements.com continues to obtain complaints with regards to mortgage-backed safety monetary losses from its readership.

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About LawyersandSettlements.com&#13

LawyersandSettlements.com provides extensive legal news and crucial info for these impacted by as soon as-in-a-lifetime circumstances involving health-related device lawsuits, individual injury, defective products, California overtime and labor problems or a host of other people. Readers seeking legal assist can request it by completing a form which is distributed to attorneys specializing in these instances. Trial attorneys utilize the internet site to hold abreast of hot legal troubles and settlements as properly as connect with potential customers.

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About On the internet Legal Media&#13

On-line Legal Media owns and operates internet sites delivering information for the basic public and the legal neighborhood. LawyersandSettlements.com, founded in 2001, is an on the web legal news publication with over 2.5 million visitors annually and hundreds of thousands of requests for lawyer assist from its readership. OnlineLegalMarketing.com serves as a portal for trial attorneys to network and to market their firms to other attorneys and legal experts. HealthEffectsOfAsbestos.com gives up-to-date resources and news for those suffering from asbestos exposure and mesothelioma. On the internet Legal Media is primarily based in Santa Cruz, California.

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A lot more Loan Modification Press Releases

American Foreclosure Defense Center Launches More Robust Method

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Fort Lauderdale, FL (PRWEB) June 20, 2012

The American Foreclosure Defense Center is launching with a sturdy method to assisting American property owners alleviate the discomfort of their current foreclosure scenario. In this case, a foreclosure situation includes persons who are researching residence loan modification or refinancing, looking at short sale options, consulting with foreclosure defense, contracting mortgage litigation teams and much more. The notion is robust, but easy. Help property owners pick the course of action that will prove to be most beneficial to their distinctive and person scenario.

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With the addition of several government applications to help home owners with genuine estate economic troubles, even much more settlement possibilities are now available. Though this is a positive move for the government and the shoppers, it nevertheless adds one more level of uncertainty concerning what course of action ought to be taken for a property owners specific situations.

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Its very typical for home owners to see the phrase know your options as theyre researching their choices on-line. American Foreclosure Defense Center is focused on accurately supplying shoppers with the data they want to completely know their alternatives by offering phone consultations with a specialized foreclosure representative. This dialogue is proving to be a lot more effective and efficient for buyers who are facing foreclosure, as opposed to self-explained study derived from on the web articles.

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To uncover out a lot more about American Foreclosure Defense Center, check out their website at AFDCenter.com.

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QNAP Demonstrates App-Centric QTS four., 400 TB NAS Remedy, NAS Developers Platform, VioStor NVR Firmware v4.1., and Much more at COMPUTEX TAIPEI 2013

Posted on by

Taipei, Taiwan (PRWEB UK) 7 June 2013

QTS 4. Turbo NAS operating system

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The new QTS 4. integrates multi-window operations into the internet-based user interface to boost management efficiency. It also adds the Qsync utility for file synchronizing across various devices and file sharing across groups and communities with Team Folder, and integrates numerous intelligent mobile apps, which includes Qfile, Qmusic, Qphoto, Qmanager and VMobile, to attain mobility of NAS access and management.

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“In an era exactly where nearly everyone has at least one particular mobile telephone or tablet device, the QTS four. fulfills peoples needs of mobile data access and synchronization, even though supplying storage for huge amount of information with privacy, mentioned Jason Hsu, item manager of the QTS four.. The QTS four.0s intuitive desktop and multi-window user interface introduce an exceptional NAS management knowledge.

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App-centric, ultra property multimedia applications

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The QTS 4. provides multipurpose multimedia applications and acts as a media hub at residence. Users can very easily gather, handle and share large collections of pictures, music, and videos with the Photo Station, Music Station, and Video Station. In addition, users can get pleasure from higher top quality videos stored on the Turbo NAS on a massive-screen Tv via DLNA, AirPlay, and HDMI connection.

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The File Station supports photo thumbnails and video transcoding for browsing on various applications. The Media Library supports auto-indexing for multimedia files to be searched and browsed easily.

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The potential of QTS 4. can be extended by installing more than 90 apps identified in the QNAP App Center. The QTS 4. is constructed for customers to flexibly use the inbuilt or install-on-demand apps the way they need to have, added Hsu.

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400 TB NAS solution and virtualization-aware storage

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QNAP presented a potent 400 TB NAS Answer for server virtualization combining its high-finish Turbo NAS TS-x79U series with new additions of the REXP-1200U-RP and REXP-1600U-RP. It offers a versatile resolution for IT administrators to expand the total capacity of the Turbo NAS up to 400 TB.

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Equipped with numerous modern enterprise-oriented features including being 10GbE-prepared, flexible volume management, SSD cache, VMware VAAI and vSphere Client plug-in, Microsoft SCVMM/ODX, and thin-provisioned volume, the Turbo NAS not only efficiently optimizes efficiency and reliability in virtualization applications, but also serves as a higher overall performance NAS for data backup.

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The excellent storage expansion answer will relieve IT administrators from obtaining to invest massive at initial setup, said David Tsao, solution manager of QNAPs company item line. The resolution can largely reduce inflexibility in IT budget allocation for firms that do not see fast growth of storage demand in the close to future, but in some point of time afterward.

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QNAP has been continuously enhancing user encounter in virtualization. The QNAP virtualization-conscious solution delivers optimal efficiency for firms to deploy a virtualization environment.

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NAS Developers Platform

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QNAPs Turbo NAS Developers Platform provides wealthy SDK assistance and documents. It is an straightforward-to-use developer tool for customers to develop project-oriented applications for diversified practices with expense-effectiveness.

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New VioStor NVR firmware v4.1.

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The upcoming VioStor NVR firmware v4.1., revamped with a totally new user interface, cross-browser assistance, surveillance storage expansion, wise recording and much much more, was presented for customers to appreciate a smooth knowledge with the management of VioStor NVR.

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The VioStor NVR supports up to 64-channel display mode for reside monitoring and 16-channel display mode for playback, provides sensible nearby display, real-time method alert and E-map function, and delivers far more management comfort when users expertise the powerful surveillance program.

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Additionally, at QNAPs booth customers had the possibility to preview the brand new concept of VioStor NVR firmware QVR 5. (QNAP VioStor Recorder). Users can experience optimal efficiency via the live demo with the intuitive and friendly user interface at COMPUTEX 2013.

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Availability

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The availability of QNAPs 400 TB NAS answer, VioStor NVR firmware v4.1. and QVR five. will be announced separately.

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For a lot more info, please visit http://www.qnap.com

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About QNAP Systems, Inc.

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QNAP Systems, Inc., as its brand promise “Top quality Network Appliance Provider”, aims to deliver extensive offerings of cutting edge network attached storage (NAS) and network video recorder (NVR) solutions featured with ease-of-use, robust operation, big storage capacity, and trustworthy reliability. QNAP integrates technologies and styles to bring forth quality goods that successfully increase business efficiency on file sharing, virtualization applications, storage management and surveillance in the business environments, as well as enrich entertainment life for property customers with the supplying of a entertaining multimedia center knowledge. Headquartered in Taipei, QNAP delivers its solutions to the international market with nonstop innovation and passion.

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Media Contacts

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marketing(at)qnap(dot)com

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