Tag Archives: Mortgage

News for Homeowners; Reaching U Network is Now in 20 States Offering Affordable Legal Representation for Struggling Homeowners Not Able to Make Their Mortgage Payments

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Miami, FL (PRWEB) May 11, 2011

Anyone denied a loan modification or can’t get through to your lender, help is on the way.

Reaching U Network is a 501c3 non-profit organization that is linked to Freedom Legal Plans by a long time service contract that provides low cost legal representation to homeowners facing foreclosure. Unlike most pre-paid legal services, Freedom Legal Plans specializes on providing members with immediate legal representation. Most homeowners facing foreclosure today need representation but can’t afford to hire an attorney. Reaching U Network helps struggling homeowners by offering different affordable payment options for those who qualify. In extreme cases, Reaching U Network, with the help of Freedom Legal Plans, will sometimes offer free representation with a network attorney.

Reaching U Network surveys homeowners about their legal options and also raises awareness thru television, marketing campaigns, and local workshops.

Members pay a $ 15.00 per month membership fee to access affordable legal representation provided by the Freedom Legal Network of attorneys. Members’ fee is tax deductible and is used to fund legal representation for homeowners with serious hardships such as unemployment.

Network attorneys with Freedom Legal Plans work under a set monthly fee and never an up front retainer fee. The monthly fee is far lower than what most attorneys charge for services provided. Homeowners will not sacrifice the quality of service because the network is monitored and managed by Freedom Legal Plans which makes customer service priority number one.

Reaching U Network has joined forces with Freedom Legal Plans to target the current epidemic of foreclosure by providing forensic and securitization audits to home owners looking to stay in their homes. These audits give a detail insight concerning fraud, TILA, HOPA, and securitization violations. With the assistance of the individual attorney representation these audits will help open legal communications between lenders and homeowners surpassing any loan modification process available today.

This overwhelming process is performed 100% under the umbrella of a local network attorney in the homeowners state. Each attorney has passed rigorous qualifications in order to join the network along with the knowledge on how to stop foreclosure.

5 reasons why homeowners should challenge their mortgage lender if facing foreclosure.

1. If the mortgage was opened between 1999 and 2009, the chances it contains fraud or predatory lending violations is 80%.

2. How to find out if the entity you are paying your mortgage to, has any right to collect?

3. Only 4% of loan modifications are approved.

4. Court ruling in Arizona and Massachusetts has wiped out many mortgage balances; these states are just a few of the many recently on the news.

5. Challenging a mortgage, in court with an attorney, can stop a foreclosure.

Anyone can make a donation and help. Funds will go toward helping struggling homeowners that can’t afford legal representation. Here is their site http://www.reachingunetwork.org

Here is the number to call if someone is facing foreclosure, has been denied a loan modification, or is falling behind on their mortgage payments, call 866-514-4636 or visit http://www.123savemyhome.com for help.

The worst thing to do is wait or do nothing, lenders have attorneys on their side, no one should face foreclosure alone.

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The Collingwood Group to Conduct First Mortgage Industry Conference Call

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Washington, D.C. (PRWEB) January 26, 2012

The Collingwood Group (Collingwood) is pleased to introduce its new offering — a series of industry conference calls — which will begin with a February 9, 2012 call entitled FHA Enforcement: Myths, Misconceptions and Facts. This call series comes as a result of Collingwoods launch of its new Risk Management and Compliance Division, established with its January 1, 2012 acquisition of GWN Consulting, LLC (GWN), a firm specializing in Federal Housing Administration (FHA) and Ginnie Mae risk management and quality control.

Collingwoods Risk Management and Compliance Division staff brings to the organization extensive FHA and Ginnie Mae knowledge and experience, and plans to share information on an ongoing basis with Collingwood clients and other industry colleagues. As part of this effort, the team will launch a series of educational conference calls, beginning with the first call FHA Enforcement: Myths, Misconceptions and Facts focusing on FHA Enforcement, Quality Assurance and Inspector General reviews and the Mortgagee Review Board. The call, offered at no cost to participants, will be held on February 9, 2012, at 2:00 p.m. Eastern Time. The call will be led by Collingwood Group Chairman and former FHA Commissioner Brian Montgomery, who will moderate a discussion between Karen Garner, Collingwood Group Managing Director and former HUD compliance manager and GWN Principal, and David Hintz, former Secretary to the HUD Mortgagee Review Board. It will also serve as an introduction to the services that the Risk Management and Compliance Division will offer.

Additional calls will be held moving forward, covering potential topics such as FHA Loss Mitigation tools, Ginnie Mae compliance reviews, and compliant and effective quality control plans.

This is a critical time for lenders and servicers struggling with compliance, litigation and claims management issues related to their FHA and Ginnie Mae operations, said Montgomery. The experience, insight, and relationships of our new Risk Management and Compliance Division staff can provide substantial information that will be helpful to these organizations in developing proactive, preventative activities in their compliance efforts.

The expansion of Collingwoods offerings and this call could not be more timely, given the issuance of the press release by Acting FHA Commissioner Carol Galante announcing changes to FHA authority for the lender insurance program and standards for indemnification requests. (Follow this link to the press release issued by HUD: http://portal.hud.gov/hudportal/HUD?src=/press/press_releases_media_advisories/2012/HUDNo.12-010)

With FHA toughening its standards, rules and penalties, and with volume that has grown to historically high levels, lenders and issuers can reasonably expect corresponding increases in the level of FHA audit, enforcement actions, and penalties. The goal of Collingwoods Risk Management and Compliance Division is to assist its clients with capabilities that now include FHA and Ginnie Mae lender/issuer applications and re-certifications, preparation and responses to audits or reviews, origination or servicing compliance and best practices, claims management and recoveries, program manuals and operating guides, and development of written and program training.

Garner is proud of the new divisions capabilities, saying, With our upcoming conference call series and new services, we are confident that we can provide substantial assistance to lenders and servicers as they focus on quality control activities that will enable them to proactively monitor performance and mitigate risk.

About The Collingwood Group

The Collingwood Group (http://www.collingwoodllc.com) is a Washington, DC-based business advisory firm focused on growing clients businesses, promoting revenue growth and increasing investment returns. The firm is led by Chairman Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner, and Vice Chairman Joe Murin, former President and CEO of Ginnie Mae. Both played major roles in the federal governments efforts to address the nations financial crisis and restore stability and liquidity to financial markets. The firms expertise spans all aspects of Agency, non-Agency and FHA/VA housing financing programs; Ginnie Mae securitization activities; domestic and international secondary market activities and issues; primary and special servicing; full asset lifecycle vendor and talent management; and all elements of portfolio due diligence, acquisition, property management and asset disposition.

Visit http://www.directeventreg.com/registration/event/46706588 for additional information on The Collingwood Groups February 9, 2012 conference call FHA Enforcement: Myths, Misconceptions and Facts or to register for the call.

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Related Securitization Audit Press Releases

Mortgage Fraud Examiners Warns: Beware Of The Latest Foreclosure Rescue Scam–Securitization Audits

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(PRWEB) March 27, 2012

With many homeowners facing foreclosure and looking for help across America, many worthless services have cropped up with such promises as mortgage elimination or other foreclosure tactics that in some cases are patently illegal. One commonly advertised service is a Securitization Audit.

A number of companies have been pushing forensic loan audits, aka TILA/RESPA audits. Since knowledgeable attorneys and homeowners recognize these audits are basically useless, the “wolves in sheep’s clothing are now peddling, securitization audits.

Mortgage Fraud Examiners Founder Storm Bradford explains: The supposed reason given for a securitization audit is to determine the true owner of a promissory note. Allegedly, with this information, the homeowner can show a court that the party actually foreclosing on a mortgage is not the actual note owner.

However, securitization arguments like, show me the note, assignment, MERS, robo-signing, and so on, generally amount to nothing more than just stalling the inevitable–the homeowner getting booted to the curb. None of these hopeless arguments changes the essential fact; the Court in a judicial state MUST give relief and remedy to the lender or assignee, because the borrower breached the contract. And in a non-judicial states, the private trustee implements a private sale to a buyer without a judges involvement. Nobody ever looks at the issues raised by the securitization audit. So only the uninformed would think a securitization audit could be anything more than useless.

Moreover, if homeowners and their legal counsel really had doubts about who had the legal right to foreclose theyd file whats known as a interpleader action listing everyone who might have a claim, deposit their mortgage payment with the Court, and let the lenders and assignees fight it out. However you never see that, since defaulting homeowners and their counsel really dont care who has the right to foreclose, so long as its not THE bank foreclosing now. Its just about stalling, and lining the pockets of pretender defenders. http://www.veteranstoday.com/2012/03/21/mortgage-fraud-examiners-warns/

As a result, knowing who owns your note is like knowing the earth speeds through the universe at 67,000 miles an hour, its basically worthless information. Nonetheless, as a courtesy to homeowners they can call us and wed be more than happy to show them how to acquire information about the owner of their note for FREE.

Gregory Bryl, a foreclosure defense attorney practicing in Virginia and Florida, explains: most securitization audits that I have reviewed are inadmissible in a court of law; they contain a mere opinion of a layman without personal knowledge (direct experience) as to what happened with a particular mortgage note after closing. Why pay a securitization auditor when you can have your grandmother provide an opinion as to what happened with the note and have her sign an audit report? In reality, in about 95% of all cases, the information supplied by a securitization audit is either already publically available, or it is unavailable to either the homeowner or the auditor. Thus, where a homeowner genuinely lacks this information, an outsiders opinion (in contrast to the banks admission) is unlikely to help.

Thomas K. Plofchan, Jr., an attorney in Sterling, Virginia, who employs the services of Mortgage Fraud Examiners, adds: Ultimately, the only real issue is whether a proper lien has been created with the house as collateral. It is astonishing just how many legal errors, contract breaches, and frauds, can be exposed by a meticulous examination of the mortgage transaction.

Matter of fact, in two recent cases we were able to identify and establish evidence to show the deeds of trust were void. The end result for the homeowners was receiving their respective homes free and clear. So, its quite clear, a thorough examination of the mortgage contract is the ONLY proven method to uncover evidence that could affect the validity of the lien.

Attorneys Bryl and Plofchan, like many attorneys are exposing securitization audits for what they are basically worthless. http://www.nakedcapitalism.com/2011/05/new-homeowner-scam-mortgage-securitization-audits.html and http://mattweidnerlaw.com/blog/?s=securitization+audits&search=Search

Bradford concludes: Undeniably, the only established procedure for a homeowner to obtain financial compensation or their home free & clear is through an in-depth analysis of the mortgage transaction, to identify legal errors, contract breaches, tortious conduct, to include appraisal fraud; and then attacking the loan based on those findings. Regrettably, everything else is just wishful thinking or a scam. http://www.wvrecord.com/news/233771-quicken-loans-on-losing-end-of-3-million-predatorylending-

Mortgage Fraud Examiners is a project of Lex Consulting, LLC, for over 30 years, Lex Consulting has provided litigation support to attorneys, helping them break into new areas of practice, or providing specialized advice for complex cases requiring novel approaches to the law. Due to the housing crisis, Mortgage Fraud Examiners, a team of specially trained legal professionals, was created to provide borrowers and the legal community with comprehensive assistance to help them keep them in their homes.

Mortgage Fraud Examiners

Phone: 800-540- EXAM (3926)

http://www.mortgagefraudexaminers.com







Related Securitization Audit Press Releases

New Website Recently Launched by Mortgage Elements Inc Provides Solution for Mortgage Brokers and Wholesale Mortgage Lenders

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Bloomingdale, IL (PRWEB) May 15, 2013

Mortgage Elements Inc recently launched a new website for Mortgage Brokers and Wholesale Mortgage Lenders. The website: http://www.MortgageElements.com helps Mortgage Brokers quickly find Wholesale Lenders and locate information about their Wholesale Loan Programs from a mobile devise or desktop computer with a few taps on the screen or clicks of a mouse. This is made possible by a unique design that uses visual images and symbols instead of words and text to categorize different Mortgage Programs and amortizations.

The website was conceived to address a confusing problem facing Mortgage Brokers and the Wholesale Mortgage Industry. The Financial Crisis took its toll on the Mortgage Industry and many Mortgage Wholesalers left the channel. However, as one Wholesale Lender closed, a new Wholesale Lender would open, happy to fill the void. As Wholesale Lenders came and went and played musical chairs, Brokers were left in the middle, confused about which Lenders are open or closed and who is offering what programs in which states.

To address this perplexing issue, Mortgage Elements developed a unique design patterned after the Periodic Table that most people would recognize from their High School Chemistry class. With some modification, the Periodic Table was adapted to serve as the framework for categorizing and organizing different loans programs. The symbols were modified from representing chemical elements to representing different Mortgage Programs with various amortizations or Mortgage Elements.

The final result is something that the Mortgage Industry has never seen before A Periodic Table for the Mortgage Industry. Images have replaced text and brought the Visual Web to Mortgage Brokers and the Wholesale industry. Searches for Wholesale Lenders and Loan Programs can now be conducted on mobile devices or desktop computers accessing mortgage information with just a few taps on the screen or clicks of a mouse. The website leverages the popularity of mobile devices and was designed for ease of use on tablet computers and various screens sizes.

According to Mortgage Elements founder Mark Paoletti, a mortgage veteran with 28 years in the Mortgage Industry, This is just the initial phase of the website. We have several other ideas that will be implemented as we continue to build and expand the site. Right now our main focus is to generate awareness in the Wholesale Mortgage community.

Paoletti also went on to say the reaction from the industry has been overwhelmingly positive. So far, Brokers who have used our website have commented on how easy it is to use. A few have already told me it has saved a deal they would have lost.

The website at http://www.MortgageElements.com is free for use by Mortgage Brokers. Wholesale Lenders are also listed for free. Any Wholesale Mortgage Lender who would like to be listed on the site should contact Mark Paoletti by email or phone at the contact information below.

About Mortgage Elements Inc.

Mortgage Elements Inc. is an Internet Marketing company that provides database and search options for the Wholesale Mortgage Industry through its website MortgageElements.com. The Company uses a unique website design optimized for use on mobile devices and desktop computers. Mortgage Elements is not a lender but a B2B company for the Wholesale Mortgage Industry. Content on MortgageElements.com is intended for use by Mortgage Professionals only and not for use by the general public or an advertisement to extend credit as defined by Reg Z.

Contact Information

Mark Paoletti Founder / President

Mortgage Elements Inc.

630-529-3755

http://www.MortgageElements.com

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Top “Main Street” Mortgage and Real Estate Scams Exposed in New eBook by D. Lance Roberts

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New York, NY (PRWEB) September 06, 2012

Mortgage and Real Estate Fraud is at an all time high. In 2008 The United States economy nearly collapsed. It’s no secret that the greed and corruption mitigated by Big Banks and Wall Street decimated the U.S. Real Estate Market and almost completely destroyed the economy. Most have heard of the various deceptive practices Wall Street used to defraud millions. The manipulation of CDO’s was a primary method of deception, credit default swaps were another.

Homeowners throughout the United States were enraged over this; millions are still being kicked out of their homes due to foreclosure. On the other hand, trillions of dollars went into the pockets of these crooks on Wall Street and for the most part many, to this day, have not been held accountable for their actions.

This corruption on Wall Street has been well documented. However, much less attention has been paid to the actions of those on Main Street. Main Street consists of Real Estate Agents, Mortgage Brokers, Loan Officers, Loan Processors, Title Companies, Loan Modification Companies, Real Estate Appraisers, and others, all operating in a neighborhood near you.

The Top “Main Street” Mortgage and Real Estate Scams of the 21st Century exposes the fraud and scams used by these Main Street players. Anything goes in this world of falsified documentation, identity theft, lying on mortgage applications, bank and wire fraud, embezzlement, and coercion.

Paid too much for your home? – Real Estate Agents. Refinanced your home and got robbed at the closing? – Mortgage Brokers, Loan Officers. Mortgage Loan Application exaggerated your income? – Loan Processors. Refinanced your mortgage and found out that it was never paid off? – Title Companies. Paid someone to represent you to negotiate a restructured mortgage, and you are still in foreclosure? – Loan Modification Companies. Way upside in your home due to inflated values? – Real Estate Appraisers.

One of the most amazing things about these scams is the fact that in most cases multiple players have to be involved to pull it off.

For example, In this scenario a homeowner with very little equity unable to sell his home is approached by a Realtor offering to represent this seller. As the Seller Agent he guarantees that he can sell the home; under certain “conditions.

THE PLAYERS

1) The Homeowner-Agrees to the scam

2) The Seller Agent-Originator of the scheme

3) The Buyer Agent-Brought in by the Seller Agent to make the transaction look legitimate

4) The Loan Officer-Provides the identity of the Straw Buyer

5) The Loan Processor-Submits the fraudulent mortgage application

6) The Appraiser-Inflates the value of the property

7) The Title Company-Conducts the fraudulent closing

In this scam, the Homeowner agrees to let the Real Estate Agent represent him because the sale is guaranteed, for a price (kickback). The Seller Agent contacts an Appraiser who will inflate the actual value of the property (for a fee of course). The Seller Agent pulls in his friend the Buyer Agent, to represent the buyer. There really is no buyer. From his rolodex, or the rolodex of his friend, the Loan Officer, emerges the “loan applicant” (stolen identity). This applicant has no intent to occupy the property; this person is totally unaware that they are in the process of applying for a mortgage. The loan application is submitted by the Loan Processor. The Title Company conducts the closing; the buyer is not present. How could he be? Once the deal closes the Real Estate Agents split the commission, the additional money now available due to the inflated property value is divided between the remaining participants. Incredible, but true.

About the Author

After witnessing this excessive fraud, greed and corruption in his 10 years experience in the industry, D. Lance Roberts decided to write this expos

The Collingwood Group Announces Mortgage Industry Conference Call On the Topic of FHA Claim Filing

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Washington, D.C. (PRWEB) July 12, 2012

The Collingwood Group (Collingwood) is pleased to announce its third in a series of industry conference calls — Maximizing FHA Claim Filing (Part A and B), being held at 2pm EST on Thursday, July 26, 2012.

The conversation will focus on the FHA claims process and pitfalls. Specifically, the panelists will provide insight into FHAs highest priorities during a claims review and discuss some of the most common violations they find. Furthermore, Collingwoods team of FHA experts will discuss how much errors cost as well as the most common way servicers leave money on the table that they could be claiming.

The FHA claims filing process is inherently complicated, and if the servicer is not well versed in all the complexities, it can create dual exposurepotential enforcement action by HUD for non-compliance and significant financial losses due to incomplete, inaccurate, or untimely filing, said Brian Montgomery, Collingwood Group Chairman and former FHA Commissioner. He added, How servicers and lenders can effectively manage this process will be the primary focus of this industry call, with a goal of providing information that is timely and insightful.

The call, offered at no cost to participants, will be led by Brian Montgomery. He will be joined by Karen Garner, Collingwood Group Managing Director and Heidi Schranz, Collingwood Group Senior Consultant, who possesses over 10 years of experience in FHA claim processing, filing and auditing.

FHA conducts compliance reviews of servicers filing claims on a routine basis from the largest servicers to those that file only a few claims a year. It is imperative that servicers realize the relationship between how their customer service and loss mitigation representatives service a loan and the filing of the mortgage insurance claim, said Garner With increased emphasis on servicing compliance by FHA, the CFPB, OCC and other regulators, now is the time to ensure that you know what to expect and have policies and procedures in place to minimize the risk to your firm and maximize your mortgage insurance claim recovery.

Collingwoods Risk Management and Compliance Division is sharing information on an ongoing basis with Collingwood clients and other industry colleagues. Its first call FHA Enforcement: Myths, Misconceptions and Facts, focused on FHA Enforcement, Quality Assurance and Inspector General reviews, and the Mortgagee Review Board. The second call focused on FHA Servicing Compliance with emphasis on FHAs loss mitigation program. A summary of each call is available on Collingwoods website at http://www.collingwoodllc.com.

About The Collingwood Group

The Collingwood Group (http://www.collingwoodllc.com) is a Washington, DC-based business advisory firm focused on growing clients businesses, promoting revenue growth and increasing investment returns. The firm is led by Chairman Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner, and Vice Chairman Joe Murin, former President and CEO of Ginnie Mae. Both played major roles in the federal governments efforts to address the nations financial crisis and restore stability and liquidity to financial markets. The firms expertise spans all aspects of Agency, non-Agency and FHA/VA housing financing programs; Ginnie Mae securitization activities; domestic and international secondary market activities and issues; primary and special servicing; full asset lifecycle vendor and talent management; and all elements of portfolio due diligence, acquisition, property management and asset disposition.

Visit http://www.directeventreg.com/registration/event/99845500 to register for the call.







e-Logic Group CEO Anthony Martinez Conducts Strategy Sessions To Discuss Seminars On Advanced Securitization Audits, Forensic Audits, Quiet Title, Mortgage Fraud

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Miami, FL (PRWEB) July 13, 2012

As real estate scammers continue to hold bogus seminars using hot industry catch phrases like Quiet Title and Mortgage Fraud, a greater need has presented itself for real, crucial and critical information on these very real topics. “I may think I know everything there is to know about advanced securitization, quiet title and mortgage fraud options or arguments but that may not coincide with what attorneys and investors really need,” says Anthony Martinez, e-Logic Group’s Chief Executive Officer whose company now offers Advanced Securitization Audits, Forensic Audits and Litigation Strategy Analysis and is very well known in the legal community as one of the most reliable go to resources. “Attendees of seminars are your clients and like all relationships it’s important to discuss your clients needs, understand them and come up with a plan that works for them. That’s why I’ve decided to conduct strategy sessions with attorneys and investors on the topics of my Discovery Tactic’s Seminars before I actually begin offering them.”

Discovery Tactic Seminars are designed to be cutting edge. They offer attendees factual and critical real life working information that’s not theory based on someone’s inexperienced interpretation. Discovery Tactics is a Weblog authored by Mr. Martinez, a Discovery Expert, Consultant and Strategist. His consulting company Anthony Martinez & Associates/AMA Global Group (“AMA”) is the most advanced Legal Process Outsourcing (“LPO”) company (and probably the only LPO Service Provider) that specializes in real property defense and offensive litigation that offers true back-end office support services to attorneys. AMA does advanced legal research, drafts advanced pleadings and trains attorneys in specific litigation tactics and strategies relative to real property litigation.

“I’ve seen these quiet title seminars and the information they offer first hand. Their quiet title approach is based on the hope of a default. So what happens when the opposition fights back, claims your action is frivolous and moves for attorney fees?

Federal Housing Administration to Make Mortgage Insurance Premium (MIP) Changes Again on June 3

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Gainesville, FL (PRWEB) May 16, 2013

Chris Doering Mortgage advises Florida homeowners on impending FHA changes.

The Federal Housing Administration has made six changes to its mortgage insurance premiums over the last six years. Each modification has increased the short-term cost of using FHA-backed mortgages. The agency’s next change, however, will change its long-term costs.

Beginning on June 3, the FHA will change its long-standing Annual MIP Cancellation Policy. Certain homeowners will lose their right to cancel the annual MIP. Currently, the Federal Housing Administration requires homeowners to pay annual MIP so long as their loan-to-value is greater than 78 percent, where “value” is equal to the last known value of the home. In addition, if the original mortgage term is greater than 15 years, at least 60 payments must have been made on the mortgage before FHA MIP can be automatically cancelled.

Beginning in June, the FHA will move away from an LTV-based system. The new cancellation policy will be as follows: loans beginning at 90 percent LTV or less will pay annual MIP for 11 years and loans beginning at 90 percent LTV or more will pay annual MIP for the complete loan term. This means that home buyers using the Federal Housing Administration’s 3.5 percent down payment program will pay annual mortgage insurance for the loan’s full 30 years, regardless of whether the home appreciates to the point of having 22 percent equity or more.

Chris Doering Mortgage advises any potential Florida FHA borrowers to apply for an FHA loan at least ten days prior to the June 3 deadline, so they may still reap many of the programs benefits by obtaining an FHA case number.

For more information call the mortgage professionals at Chris Doering Mortgage today at 352-244-0840.

About the company:

Established in April 2007, Chris Doering Mortgage opened its doors in the Jacksonville, FL community with the goal of providing exceptional mortgage lender services, and accountability to a mortgage industry that can be both intimidating and overwhelming for potential customers in the market for home loans.

The commitment to skillfully and ethically deliver the highest quality customer service throughout the mortgage process is second to none with the Chris Doering Mortgage team of professionals. They specialize in FHA loans, current mortgage rates and mortgage refinance options.

The staff is constantly educating themselves on the ever-changing home mortgage landscape and adapting to the changing needs of the real estate industry to meet the expectations of clients. For more information visit their website at http://www.mygatormortgage.com.







Modify1 Offers Homeowners a New Do-It-Yourself Mortgage Modification Alternative

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(PRWEB) March 26, 2013

Many homeowners continue their struggles as they attempt to save their homes. Modify1 was established to help homeowners who are behind with their mortgage payments, looking to do a home loan modification, have a home which is underwater or have damaged credit.

Millions of homeowners are facing the ultimate nightmare with the possibility of losing their homes. The economic crisis has led to serious mortgage and credit problems for many. When faced with the threat of foreclosure, hiring expensive attorneys or hiring risky mortgage modification companies are not always the best option or ones thats are realistically feasible for many. Modify1 offers a low-cost alternative where you, the homeowner, can take active steps to keep your place of residence. Step-by-step guidelines are provided to give you the best opportunity to accomplish your goals, in its ethical and affordable Do-It-Yourself approach.

Mark NeJame is the founder and CEO of Modify1. He is the senior partner of NeJame, LaFay, Jancha, Ahmed, Barker, Joshi & Moreno, P.A., a renowned Florida based law firm, a national legal commentator and co-founder of Runway to Hope, a pediatric cancer charity. He states, I believe that Modify1s do-it-yourself guidebooks could be the answer to many financially troubled consumers who couldnt afford to pay, or didnt want to pay, the high fees that lawyers or financial counseling firms charge for their services.

Al Weiss is the President of Modify1. He recently retired as the President of Worldwide Operations for Walt Disney Parks and Resorts and remains active on a variety of boards. Al commented, I saw the opportunity and great need across the country for affordable, high-quality self-help guides focused on the areas of home mortgages, auto loans and credit repair.

Together, Mark and Al, have a goal to allow consumers to pursue lower payments, better credit and financial relief with the help of Modify1.

Modify1 offers books to help you navigate complex issues: Home loan modification; Short sales, deed-in-lieu of foreclosure or bankruptcy; Refinancing underwater homes with HARP; Home foreclosure defense; Auto-loan modification; and Credit repair.

On http://www.modify1.com, you will find not only the available guidebooks to purchase, but a plethora of additional help. As a member of the online Members Forum, you can post questions and exchange comments with other members of the forum. Youll also receive weekly industry updates and a loan modification calculator.

NASCAR Hall of Famer, Rusty Wallace and NBA point guard and All Star, Jameer Nelson have both endorsed Modify1 and serve as its spokesmen.