Mortgage Lenders

Today I wanted to take a different direction with this video. I of course have a shout out, but I also decided to take you inside a recent conversation that I had with a seller. There seems to be a very common series of questions that almost every seller asks me when I talk with them about a short sale.
1.Should I stop making my mortgage payments?
2.Do I have to be behind in my mortgage payments to do a short sale?
The conversation also took an interesting direction regarding her financial sheet and could have ended the short sale on a very poor note if we had not dug in a little deeper to find out what was really going on with her finances.

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AAMES, ABN Amro Mtg, AHSI, ASC, Americas servicing company, Aurora, Bank of America, Bank United, Calwell Banker, Carrington Mortgage Service, CENLAR, Chase Home Mortgage, CITI Financial, CITI Group, CITI Mortgage, CITI Residential Lending, Countrywide, Downey Savings, E Trade, EMC, Everhome, FASLO, Fireside Bank, First Franklin, First Horizon, Metlife, Flagstar, Franklin Credit Management Corporation, Freemont Invest & Loan, GMAC, Greenpoint, Greentree, HFC, Beneficial, Homecomings, HOMEQ, Homestreet Bank, HSBC Mortgage Corporation, HSBC Mortgage Service, Indymac Bank, Interbank, Irwin, Litton Loan Servicing, M & I Bank, Mountain West Bank, M & T Bank, Mortgage Lenders Network, Navy Federal Credit Union, NFCU, Nationpoint, Nationstar Mortgage, National City Mortgage, New Century, Novastar, OCWEN, Option One, Regions Bank, Resurgent, Riverside National Bank, Saxon Mortgage, Secretary of HUD, Housing and Urban Development, HUD, SLS, specialized loan servicing, Sovereign Bank, SPS, Specialized Portfolio
Servicing, Spokane Teachers Credit Union, STCU, Suntrust, TB&W Bank, TCF Bank, United Mortgage & Loan, USAA, US Bank, Wachovia, WAMU, WA Trust, Wells Fargo, Wilshire, Yale Mortgage, Washington, California, Oregon, Idaho, Utah, Colorado, Nevada, Arizona, New Mexico, Texas, New Jersey, New York, US Treasury, Obama Administration, Home Affordable Foreclosure Alternative, Home Affordable Modification Program, HAFA, HAMP

Duration : 0:10:44

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Technorati Tags: aurora, Bank of America, Century 21, chase, Citi, countrywide, Exit Real estate, Flagstar, foreclosure, Keller Williams, loan default, Midland, mortgage payments, real estate agents, realtors, remax, Short sale, short sale approval, short sale coaching, short sale education, short sale help, short sale mentoring, short sale services, short sale success, short sale training, shortsale strategy, stop making payments, strategies, Suntrust, Well Fargo, Windermere

http://www.crazyfishfarmer.com

part 1 – Obama Foreclosure help – Saxon Mortgage – Bierman, Geesing & Ward, LLC … You can see my house at http://www.bgw-llc.com … Heck you might want to even bid on it…

Duration : 0:5:42

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Technorati Tags: Bierman, foreclosure, Geesing, help, LLC, mortgage, obama, Saxon, Ward

http://www.WhatcomInvestmentProperty.com has access to the best wholesale investment property bargains throughout Whatcom & Skagit County. If youre a real estate investor looking to buy the best property deals, then look no further, as we are also real estate investors serious about getting you the best wholesale discount properties.

If you need funding or financing to buy homes, houses, property, land or apartment buildings at wholesale prices, then you need to go to http://www.WhatcomInvestmentProperty.com and join the VIP notification buyers list. In addition to getting priority VIP email notification of every single wholesale discount bargain property we have for sale in Blaine, Bellingham, Ferndale, Lynden, Burlington & Mount Vernon, you will also get free access to a series of 20 videos about investing in real estate in Whatcom & Skagit County.

http://www.WhatcomInvestmentProperty.com we always have great deals for real estate investors who are looking for cheap, wholesale, handyman specials, fixers, junkers, fixer uppers and other cheap wholesale real estate investment property. We can also help you with funding and financing for real estate investors looking to buy investment properties in Whatcom & Skagit Counties in Washington

Join http://www.WhatcomInvestmentProperty.com and get priority email notification for ever deal that we find in Blaine, Bellingham, Ferndale, Lynden, Burlington & Mount Vernon and the rest of Whatcom & Skagit County in WA. You will also get free access to our Special Report titled How To Buy Investment Property The RIGHT Way and learn more about how you can get funding and financing for your deals.

Duration : 0:2:8

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Technorati Tags: Bargain, Bellingham, Bellingham home, Bellingham homes, Blaine, Burlington, buy, cheap, condo, County, deal, Discount, Ferndale, Financing, fixer, fixer upper, foreclosure, Funding, handyman, handyman special, Home, homes, house, invest, investment property, investors loan, junker, loans, Lynden, mortgage, Mount Vernon, pre-foreclosure, preforeclosure, property, Real estate, real estate investing, real estate investor, Skagit, townhouse, vacant, WA, washington, Whatcom, wholesale

In this weeks Preforeclosure Tip of the Week we go over the best way to dispute a Saxon Mortgage/Hillbridge Capital valuation when it comes in too high. We also cover how to get Ocwen to give you a 6% commission instead of their standar 4% and much more.

Duration : 0:5:40

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Technorati Tags: bank, debt, estate, foreclosure, loss, mitigation, mortgage, negotiating, Owned, preforeclosure, real, REO, sales, short

The Law Offices of Oscar Acevedo provides exceptional service for all your legal needs. They offer mortgage audits, short sales, loan forbearance, loan refinance, pre-foreclosure sale, bankruptcy, and credit repair.

From immigration and bankruptcy, to mortgage restructuring the correct way, they will help you get out of the mess in which you may be finding yourself.

Give them a call at (323) 726-3886. You’ll be very glad you did! Log onto http://www.BestDealsTVshow.com for more information!

Duration : 0:2:59

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Technorati Tags: Bankruptcy, foreclosed homes, foreclosure, home owner, law firm, Law Offices of Oscar Acevedo, mortgage, mortgage homes, mortgage refinancing, Property Rescue, Real estate

The ShredShack was created to help spread the word regarding the Only REAL help available to those with mortgages underwater or upside-down.

Tired of talking to countless Bank representatives, State Departments, private non-profit companies, and Attorneys who all talk about modifying only the conditions of your loan, but not the Principal Balance / Loan Amount??? Tired of these representatives asking that you fill-out countless amounts of forms, only to asked months later that you to fill even more forms?

Tired of no one REALLY helping with regard to a REAL aggressive solution such as fixing the LARGEST issue at hand — your mortgage Principal Reduction on the Balance??

Look no further. Upon qualification, you can experience True solutions that will modify Term, Conditions, and effectively write an entirely new mortgage for you.

The Shred Shack is the Leader as we exercise the only technique currently available within the U.S. to offer such a result.

The TRUTH is that the banks have already been bailed out by the tax payer (you), so they have very little incentive to behave in a way that will offer you real aggressive assistance. I’m sure youve discovered this notion to be simply insult to an already very deep injury. AND WE AGREE.

What we offer is actually not a modification at all, but a re-finance option that will not only change your conditions and overall balance, but write a brand new mortgage for your property.

Best of all, you have nothing to loose, as we do all the negotiating, all the internal paperwork, all the processing, and charge you NOTHING upfront while we work for you. All you pay are the closing costs.

Best – Best of all, we do not commit to working on this plan on your behalf unless we believe we can close your new mortgage allowing you the security and piece-of-mind that all you will owe on the new mortgage is a new principal balance of 5% LESS than current Market Value for your property! Yes, you heard right, well structure this so you gain equity!

Join me for my live radio show or view my video clips for copies of prerecorded shows as well as presentations regarding this amazing opportunity.

e-mail me here for more info and to apply online!

InLiberty!

Ricardo

Duration : 0:6:5

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Technorati Tags: America, aurora, bank, conspiracy, emancipate, foreclosure, Funds, gmac, Hedge, liberty, loan, ltv., mod, Modification, modify, mods, mortgage, naked, note, nude, of, pay, prevention, principal, principle, program, purchase, re-fi, real, realestate, reduction, refi, Refinance, sale, short, truth, Upside down, upsidedown, WWFD.

Discusses the implications of a landmark decision — Landmark National Bank v. Kesler – on 8/28/09 by the Supreme Court of Kansas holding that Mortgage Electronic Registration Systems, Inc. (otherwise known as “MERS”) has no standing to commence a foreclosure action as to a home mortgage registered with it, and that when MERS transfers title to the mortgage the assignee may not get good title to the mortgage, which means that the assignee also may not have standing to foreclose. This is truly a landmark case that is going to be featured in more than half of the defended foreclosures in the U.S. and is a basis for obtaining remedies for wrongful foreclosure by homeowners who have already lost their homes to unopposed judicial or non-judicial foreclosures. This decision is so important that it overwhelms anything the Obama administration or Congress may try to do for mortgage-oppressed homeowners. CEPersVid-35

Duration : 0:9:55

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Technorati Tags: action, bank, CEPersVid-35, court, Electronic, foreclosure, Judicial, Kansas, Kesler, Landmark, MERS), mortgage, national, non-judicial, registered, Registration, standing, Supreme, Systems, title, transfers, v., wrongful

The financial crisis claims another victim. Just two weeks ago an unemployed financial manager killed five family members and then himself. Now a Pasadena woman facing eviction apparently set fire to her rented home and then committed suicide.

Lt. Dewar is talking about Wanda Dunn, a 53-year-old Pasadena woman who killed herself early Monday, rather than vacate a bungalow home on North Wilson Avenue. It had been in her family for generations.

Duration : 0:2:20

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Technorati Tags: eviction, foreclosure, Pasadena, Suicide

(Click “More Info” to see full video script!)
http://www.60MinuteLoanModification visit for a free CD on Mike Rockwood’s experience modifying 5 of his own home loans – and how you can too. Ask Mortgage Modification questions on our forums at http://www.60minuteloanmodification.com/members

For me, the housing market implosion became personal. If youre reading this article its likely that the crisis has become that way for you, too.
So much power and so little accountability! These lenders have dirty secrets that they wish you did not know. Knowing these will help you negotiate a better modification and KEEP YOUR HOME!

There are no rules!
By that I mean that street-smart homeowners should get on the bleeding-edge of this loan mod frenzy. The pioneers are getting extraordinary values. Whenever a big trend overwhelms and industry there is tremendous advantage that goes to the innovative and courageous. For many months I have been advising clients to pursue an aggressive loan mod solution, even when prospects seemed dire. I have been amazed at the results.

So, be brave, be intelligent and be diligent. You will prevailat least for now.

Most fees are bogus.
When you look at the amount a lender claims you owe them, you might be surprised at how large that number is. If you miss 4 payments of $1000 each, why don’t you owe $4000? The answer is late fees and penalties. The problem is that all of these types of fees have to be justifiable, and completely spelled out.

Most loans have RESPA and TILA violations.
Up to 70% of the loans currently in effect have RESPA and TILA violations. This means that the Real Estate Standards and Procedures Act and/or the Truth in Lending Act was violated when your loan was originated. This gives you recourse up to and including the hypothetical invalidation of the loan itself! Talk about leverage when attempting to negotiate!

You have a right to a timely and thorough response to your written inquiries. Banks wish you never heard of a Qualified Written Request.
Under Section 6 of RESPA is a requirement that lenders must acknowledge your inquiry within 20 days and respond thoroughly to your inquiries within 60 days. This request for a modification, there is a way to hold their feet to the fire. By sending a qualified written requestsuch as your hardship letter, request for additional concessions and request for itemization of feesyou force the banks to respond in a timely manner. This gets you priority in an overworked/ understaffed loss mit department.

Principal Reductions Are Possible.
Yes, it is true that principal reductions are the most difficult thing to achieve when negotiating a loan mod. Some banks however, would have you believe that they simply are not possible. That is a lie.

My clients have successfully negotiated principal reductions, even for investment property. The key is to have an intelligent proposal and be bold and persistent.

The first offer is always unacceptable!

Most people attempting to do their own loan modification are uninformed. Most own only one home, and haven’t had a lot of opportunity to hone their skills at modification. The lenders know this. They rely on it.

When you receive your modification offer, you must remember that it is the minimum that the lender is able/willing to do. They are driven to minimize THEIR loss, not yours! Ask for additional concessions in a Qualified Written Request very shortly after getting your mod offer.

For more info visit me at http://www.60MinuteLoanModification.com

Duration : 0:5:16

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Technorati Tags: bailout, foreclosure, home loan modification, hope for home owners, Loan Modification, Mortgage Modification, Short sale

Tax on 1099C, Cancellation of Debt Income; Short Sale, Loan Modification & Foreclosure. Exception; Mortgage Forgiveness Debt Relief Act, Bankruptcy & Insolvency. Go To http://RealEstateMarketingThisWeek.com

Part 7 (Excerpt)

Beware of grandiose claims when dealing with a loan modification firm.

You know I am glad that were back, when we went to the break we were talking amongst ourselves about some of these concepts, I really want to bring this back down to the listeners. So they really understand what this means to them. You have three strategic partners, each of them experts in their field, sitting around these microphones in the studio talking about how these factors have an impact on the listening public, the people listening to this station right now.

Velocity Financial is an expert in all things mortgage related. It represents the largest asset many people have in terms of their home. What were talking about is, we know the economic pain that exists, you probably read that Arizona has the dubious distinction according to the Case-Schiller index of having the highest property value declines in the country. People are feeling some pressure here and for those people who want to consider what a loan modification might do for them, should call you and talk about what that represents.

Then from there, you can refer them to people like Mike Patenella to talk about the tax ramifications, Mike can speak to some of those items and I can talk about their overall financial planning. But to start with let’s talk about what the loan modification process really represents and who can benefit from.

We have talked about all the different things you can do with your home as a home owner, there is the loan modification and there’s several different types of loan modifications, there is the option of a short sale, which can have huge tax implications that people may not be aware of. There is the option of foreclosure, which is almost the last thing you want to do and there is also bankruptcy.

Loan modification is essentially for the person who is unable to make your payment, because there was a material change, and the change that I am talking about is your not making as much money. You may have lost your job. You have one of these mortgages that are toxic, where the interest rate has gone up significantly.

I would not buy the story from some guy with an ugly little yellow sign on the side of the road that says, hey I can help you and I have a 99% success rate with my loan modifications. That is essentially a guarantee and there is nobody in their right mind that would buy the guarantee. There are so many different types of mortgage servicers out there, literally thousands of mortgage companies out there and you cannot predict what any one of these mortgage companies is going to do.

Certainly not guarantee anyone any result. Were definitely going to try our best, thats why we use a national network of attorneys, 45 out of the 50 states have some kind of recourse involved with short sales and foreclosures, loan modifications. This is not something you can just figure out on your own and certainly dont buy into some story that there is somebody who can reduce your mortgage by 50%. Thats not going to happen, or that they have a 99% success rate, things are just not realistic.

You should know better and I know I am putting it bluntly, lets be honest. You should know better. It sounds too good to be true folks, it is. These no cost loans, these goofballs are selling on the radio, saying they don’t cost anything, let me say this, someones got to pay for it. Try walking to one of these big banks right now thats trying so hard right now to make up for some of their losses, so if anyone is offering you something that sounds too good to be true. It probably is, call an expert, call someone who knows what they’re doing, and our team has 16 years of loan modification experience. Our national network of attorneys are dedicated to getting loan modifications and work with almost every major lender, use a pro.

Now Mike, I wanted to throw it over to you to reiterate a few of these things to talk about the different options that people are looking at. The reality of it is that a loan modification, if it works is the absolute best.

That would appear to be the case. You dont want to file bankruptcy, which would be your last choice. Trying to say youre insolvent might be difficult when you factor in all of your assets, so the foreclosures and the short sales, I think those just destroy your credit. Am I right on that?

Duration : 0:6:21

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