HAMP Loan Modification

If you are behind in your Mortgage Payments or current but
soon will have an Adjustable Mortgage Re-Set to a higher rate,
then you should be exploring the HAMP Loan Modification.

Homeowners all over the Nation have been benefiting by the
the efforts our Negotiators to get great Rates and Terms and,
on occasion, even Principal Reduction of the Mortgage Loan Balance.

During July, 2010, servicers converted 36,695 HAMP
Loan Modifications restructuring to permanent status,
bringing the total number of active permanent Loan Modifications
to over 421,000.

Your Mortgage Loan could be one of the next loans to benefit from
the HAMP Loan Modification for Homeowners guidelines.

These are, however, just guidelines...and EVERY one of these
Loan Modifications is unique and must be negotiated with the
current Lender. The HAMP program is not law, there are only
suggestions and guidelines.

It is up to a skilled Negotiator to work with your Lender to get
you (and your Family) the very best deal the Lender is willing to
give.

There will be a Free Loan Modification Service Webinar
Date: Wednesday, September 1, 2010
Time: 8:30 PM - 9:00 PM EDT

ImNotLeaving Webinar for Potential Clients

http://budurl.com/uldm


"Free Eligibility Review"

When you are ready please fill out our free, no cost,
no obligation, pre-approval application and one of our
specialists will contact you within 24 to 48 hours.

https://order.imnotleaving.com/prequal_step_1.php
Interest rate as low as 2% per Government guidelines!
No Credit Qualification! Your FICO Score doesn't matter!
Adjustable Loan conversion to long term fixed!

Currently we are accepting clients in Foreclosure upon review.

Have Questions? Use the "Contact Us" Box at:
http://order.imnotleaving.com/contactus.php
or email ObamaRefi@gmail.com

Is Obama mortgage program failing to help homeowners facing foreclosure?

Is Obama mortgage program failing to help homeowners facing foreclosure?

A Senate panel was told Wednesday that the Obama administration's effort to help homeowners avoid foreclosure isn't working.

Why?
The Treasury Department has failed to fix the program.

Special inspector general for the financial bailouts Neil Barofsky said the program has not "put an appreciable dent in foreclosure filings," during a Senate Finance Committee hearing on the $700 billion bank bailout

The $700 billion bailout is misleading.

Treasury only lent out a total of $385 billion from the $700 billion fund,
and only $50 Billion has been made available for Homeowners.

The bailout has provided up to $50 billion for the mortgage modification programs.
So far, only an approximate $248 million in bailout money has been spent on the Program!

What are the Banks doing with the rest of the money they are not lending?
The Banks are not helping enough homeowners get better financing.

Why?
Because many of the mortgage debt collectors make more money when they foreclose than they do when helping homeowners.

How can the Banks get away with this?

Why?
Treasury Department has ignored earlier demands that it set clearer goals for the Program

Why?
Treasury is giving mortgage companies too much leeway to decide which homeowners will qualify for a program to reduce the principal balance of their mortgages
The Treasury Department has failed to fix the Program.

Makes you think that the interests of the Treasury
has been to allow the Banks to borrow large sums of cheap money
without a lot of consideration to the success of the program for which
the loans were intended.

Recent data suggests the Program has helped about 400,000 households avoid foreclosure.

If you are behind in payments or know someone who is...
you can submit a Free Pre-Qualification for Programs and Options
that are available to you here or request a Free Consultation
to ask your questions.

Help For Unemployed Homeowners Scam

Help For Unemployed Homeowners

"Expanded Programs Aimed At Helping Americans Modify Their Mortgages" is what the news story said...but is it true?

Vince Gerasole Reporting for CBS, Chicago told readers of the blog
"The Obama administration this week expanded programs aimed at helping millions of Americans avoid foreclosure by having their mortgages modified. "

This couldn't be more deceptive!

While the program does give relief to Homeowners who are
unemployed with a Mortgage Reduction capped at 31% of their
unemployment...it has absolutely ZERO to do with modification
of the loan.

First thing is...while the program lowers the payment now due,
it forgives nothing...the portion not required to be paid today
is ADDED TO THE BALANCE OF THE LOAN.

Not only is this only Temporary, but there is a terrible downside
for many homeowners...Unemployment benefits will no longer
be considered "Income" for the application of a permanent
Loan Modification when this program takes effect July 1.

This means that, as an example, you have one working spouse
and one on unemployment...both the working income PLUS
the unemployment benefits count as income, now. The combined
total could now be used in the application for Loan Modification.

However, after July 1...the benefits received by the Unemployed
spouse would be disregarded and, therefore, most likely, after
July 1, that family would no longer qualify for a Loan Modification.

Also, under the "Help" for Unemployed Homeowners, the loan
will have an Increasing Balance due each month on a Home that
is most likely already Upside Down...and, unlike the current
Loan Modifications programs...this is a short term, temporary fix
meant to give the Lenders whatever they can get from you, today,
then they'll come in and start foreclosing and take the home later.

Many should seek a Loan Modification

Immediately!
Lenders must have a Loan Modification package before July 1.

Just to prove it...look at this excerpt from another blog post:

"The unemployed homeowners can receive up to six months of cut-rate mortgage payments, while as much as $3,000 in relocation assistance will go to borrowers who ultimately cannot afford to stay in their homes."

Throwing Homeowners out of their houses is already expected
and it's built in...$3,000 to get out after the six month "break" expires!

If you want to know if you qualify for a Loan Modification today
we have a place you can go for a 100% free, no obligation Review.
Even if you don't think you qualify...it's 100% free...

So, what do you have to lose?
Maybe your Home!
Do not lose the opportunity, under the current program, to use
your Unemployment Benefits as Income...Try to Qualify Now!

Apply your Unemployment "Income" for a Loan Modification

If you have questions...use the Contact Us box on the Website
or
Contact Us: ObamaRefi@gmail.com
Hurry! You have only a few days to submit a Loan Modification
under the current program...Lenders must get it "into their system"
before July 1.