Jan 10
Tips for how to get your Loan modification approved. What you need to know before calling for a loan modification or a Rate Freeze from your current lender. Please turn on annotations for important updates.
Duration : 0:6:57
Dec 02
SEO video www.DiroStudios.com http://www.HRFinancialServices.org
HR Financial Services H & R Financial Services Inc
Save your home with a Loan Modification
With over thirty decades of collective knowledge in Home Loans, real estate, and other financial and business needs, H&R Financial Services, Inc. is here to help in this declining market that is continually made worse though negative financial insight and media. We believe everyone deserves the opportunity to save their home.
YOU HAVE OPTIONS –
YOU DON’T HAVE TO WALK AWAY FROM YOUR HOME.
At H&R Financial Services, Inc. we offer loan modifications, specializing in helping people find alternatives to foreclosure.
At H&R Financial Services, Inc. our intent is to make sure that you are aware that with prompt action and dedicated service a foreclosure may be avoided, no matter how bad your situation may be.
At H&R Financial Services, Inc. we will review all of the alternatives available to allow you to keep your home, giving you and your family the fresh start you deserve.
At H&R Financial Services, Inc. we can also help repair your damaged credit after your modification is complete, helping to better prepare and secure your financial future.
The first step in stopping foreclosure is acting now!
Through open communication with our team of expert negotiators, we can try to help you alleviate your Mortgage default or mortgage hardship, keeping you and your family in your home.
Remember, its your home and you have a right to fight for it. Even if you have a sale date, give us the opportunity to see if we can stop the sale, give you the chance to modify your loan.
Call us today to find out how we can help you save your home, regardless of what state you live in, our help is accessible nationwide. Not only primary homes, but secondary and investment properties, and even commercial properties, can be saved as well.
Let H&R Financial Services, Inc. help you on the road to financial recovery, dont let this economic crisis decide your future for you.
Call 877-951-4455 to speak with a specialist today and one of our team members will contact you with a plan of action.
Duration : 0:1:11
Nov 19
Watch Loan Modification – Save Your Home – Msnbc Special Report! – Msnbc Loan Modification
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http://bit.ly/ulBaLB – Loan Modification. Modification. Compare mortgage, refinance, insurance and CD rates. Expert analysis of home loan finance topics and trends. how to get a loan modification. loan modifications companies. California Home Loan modification Help and mortgage loan assistance. Home loan modification programs to help Orange county California home owners. Need mortgage Loan modification help? Get a free, no obligation consulation today. Bank of America. home mortgage modifications. home mortgage modification. predatory lending practices. home loan modifications. MSNBC LOAN MODIFICATION. home loan modification. Mortgage modifications. foreclosure mitigation. mortgage modification. diy loan modification. loans modifications. home loan assistance. real estate marketing. The mortgage loan experts at National Loan Auditors help homeowners in their effort to stop foreclosure by offering comprehensive forensic loan audits. Distressed Property. predatory lender.
Duration : 0:2:0
Sep 18
It’s strange how you have the Goverment allowing lenders to “modify” borrowers Loans into payments that they can afford in an effort to boost the industry all the while to prevent foreclosures/short sales from occuring. Yet, less than 10% of all Loan Modifications actually get approved. WHY IS THAT? You won’t believe the sweetheart deal that the Indymac boys were given by the FDIC. It may make you very angry to realize the truth. Share this video with everyone that you know. Let everyone know where the REAL problems lie.
Duration : 0:4:55
Aug 27
Real Estate Marketing – Foreclosures, Loan Modifications and Government Bailout Plans – Part 3
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http://realestatemarketingthisweek.com- Real Estate Marketing – Foreclosure rates on Forbearance Agreements done with banks reaches 58% – With Michael J Barnes and Dan Havey of Real Estate Marketing This Week
Part 3 – In studio with us today on this fine New years eve is Dan Havey, the co founder of the modification hotline as well as the author of The Foreclosure Sharks a great white paper he put together. He is also the author of Real Estates Future and this segment we are talking about loan modifications and some specific information.
You also have a great story to tell about this to. Well unfortunately I have too many stories about people who have had to go through foreclosures, bankruptcies, loan modifications. The one story I want to talk about real quick is a friend of mine who unbeknownst to me went out and did a loan modification on her own and not to get into a whole bunch of technical details on it she ended up getting a pretty decent interest rate because they actually cut her Mortgage payment in half and she was pretty happy about that.
She owed a little bit more than the house was worth, she wasnt terribly upside down, but by the time they got done with her she certainly was going to be because the modification, and actually I should not call it a modification, I should call it a forbearance agreement, what they did to her was to say, OK we will cut your interest rate in half, we will cut your monthly payment in half, but we will take all of that deferred interest and tack it onto the back end of the loan. So that by the time her interest rate went back to where it had been, it was going to adjust up over the next five years, so that within that five year time period she was actually going to owe $60,000 in back interest on top of the principal balance that she had before she went to go talk to her bank.
What kind of a deal is that? I didnt think it was a very good one and she ended up eventually not taking it and just recently let the house go back to the bank, because she just looked at it and said, Wait a second here, I am already $20,000 upside down, by the time Im done with you guys I will be $80,000 upside down and so great I get a cheaper payment for a while. She moved into a rental property that was even cheaper then what she would have had to pay to stay in the house and from what she tells me the house is nicer.
Some of the unfortunate scenarios that come up that we get to see. Unfortunately we talk to lots of people that have similar situations, trying to do these on their own and it is possible to do a loan modification on your own. We know that, the program is designed for you to do that. The problem is it generally does not work out.
The re-default rate on loan modifications done on your own is significantly higher than Loan modifications facilitated by an attorney that is representing you, for a number of reasons. Number one you have to pay an attorney to represent you. The other is that I think you are going to get a better modification based its not just a negotiation between you and the loss mitigation department for the bank. We are talking about using a professional attorney who is a trained negotiator to negotiate on your behalf with another attorney. By the way, theyre not talking to the same loss mitigation people in India that you may be talking too.
Here are some numbers that just came out from John Dugan who is the Office of the Comptroller of the Currency and they did a study of the loan modifications that have been done to date. In many cases these were forbearance agreements, not loan modifications. If an individual talks to his bank, generally speaking he will not get the same as result as what an attorney would do, so most of these are really forbearance agreements. And in that case, 36% had defaulted or were 30 days past due after 6 months and 58% were in default after 8 months. Again that is 58% in default after eight months and I saw some numbers the other day and unfortunately I didnt bring them in with me today, that according to some study of the very few modifications that have been done using an attorney, I say very few, but it is still thousands or tens of thousands, but few compared to what is getting done directly with the bank, the number is only like 5% of the ones done with an attorney have re-defaulted and again I dont have the numbers with me so I cant site the source… http://realestatemarketingthisweek.com/foreclosure-rates-on-forbearance-agreements-reaches-58/
Duration : 0:5:47
Aug 25
Loan Modification, how to get rate freeze, foreclosure, late, Mortgage, payments, loans, finance, refinance, fighting, restructure loan, Loan modification, loan mod, loan modification scam, modification, bank fraud, bank foreclosure, bank scam, bank Loan fraud, foreclosure fraud, foreclosure scam, wrongful foreclosure, foreclosure defense, legal foreclosure defense, foreclosure attorney, foreclosure lawyer, foreclosure law
Duration : 0:4:16
Jul 16
Bank Fraud Defenses…take action and join our community awareness campaign on how to defend against bank fraud. Share this with everyone you know. Free empowering information against becoming a victim of the market. Loan modification fraud, bank fraud, wrongful foreclosure defenses. We can prevail and win against the banks. United We Stand! Americans standing together fighting for what is right under the law.
Duration : 0:5:21
Jun 16
http://bestloanmodificationcompanyreviews.com/hampLoanmodificationcalculator.html – Here’s the site where the calculator is. You can see if you qualify for a loan modification and find out what your monthly payment will be. Pretty cool tool…and it’s free!
Just enter your details into the hamp loan modification calculator and it will tell you if you qualify and what your new payment would be, just like in the video.
Duration : 0:2:14
Jun 08
The Home Affordable Modification Program, or HAMP, put in place by the Obama Administration, was designed to provide modified home Loans to prevent foreclosure. But, as Bill Whitaker reports, the program isn’t working.
Duration : 0:2:39
May 12
Foreclosure Mortgage Fraud – Help Stop Foreclosure Rescue Scams – RealEstateMarketingThisWeek.com
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http://realestatemarketingthisweek.com – Foreclosure Rescue Scams and How to Protect Yourself –
Part 7 – The Foreclosure Sharks, you have written this book or I think it’s called a white paper. Free report whatever you want to call it its packed full of really good and interesting information. It’s called The Foreclosure Sharks – A look at the rampant theft of Americans homes through foreclosure rescue scams.
And folks I have to tell you I think we’re going to spend the next week, the majority of the show talking about what the heck is going on out there. And what you need to do to protect yourself in case you should happen to be against this problem. You really need to know what your options are. This free report is available online at http://Mortgageanswerman.com. You have got to get this. The information is really good, and one of the taglines that you have here Dan is, Theres blood in the water and the sharks can smell it.
Right. What made me actually write this was a number of years ago I had been working with people in foreclosure for years, and it was just a way to let them know what was going to be going on once the foreclosure was filed against them. Now in many cases, these people were already experiencing what was going on.
And again I’ve recently had a friend or two go through foreclosure and I had them collect all of the paperwork that they got from all of the foreclosure guys out there trying to help them sell their house or do whatever it was, and I was surprised at how thin the stack was. This one gal in particular, lives in Scottsdale in a very nice house and she didnt have more than maybe 6 letters. In the past, a couple of years ago, especially at the peak of the market, when somebody was in a foreclosure situation they would have seriously a stack 6 inches thick.
People would be knocking on their door 24 hours a day, calling them, dropping off stuff. There were cars driving by all the time and it really got to be a nuisance. And frankly I think it hurt the home owner and their standing in a neighborhood, with all of that traffic and of course everybody knew that they were having problems. So that is why the report was originally written and why I wanted to talk about it today because of all the foreclosures going on in the market right now.
Now let me ask you a question, you are saying that two years ago if I were in a foreclosure my mail box would be chock-full of marketing products. Youre telling me now that there is virtually none?
Well I think that part of it is that back then there was financing available to be able to come in and refinance the people. I certainly myself did dozens of Loans, at least, to bail people out of bankruptcies and foreclosures, and also people had equity back then. Property values were continuing to go up. I forget how many scams I pointed out here in the book, I think there are 18 or something in here, and most of them are essentially people attempting to get your house away from you, either refinance it, sell it for you, take a lease option, there are all kinds of different scams involved, but I think the reason we see so much less of it today is because there is so much less equity. So if you are upside down by $300,000 in your house, i dont care how good of a scammer you are, you are not going to make a lot of money off that.
But there are a couple of scams going on right now that I want to talk about because there are a couple of things that happened just recently that harkened me back to when I first got started in real estate here in Arizona in the late 1980s. I was selling repos for Fannie Mae, Countrywide, and the Resolution Trust Corporation, which was in charge of selling off all of the real estate owned for the 1,800 or so Savings and Loans that failed in the late 1980s early 1990s. There were so many scams going on then, I mean we had just tons of vacant houses we were selling, and one of the big scams that I thought was actually being perpetrated on a friend of mine the other day is a little something known as rent skimming… http://realestatemarketingthisweek.com
Duration : 0:6:36