Comments on: Save my home from forclosure? Get a rate modification? Stop foreclosure sale.

By: sickwiththetruth

sickwiththetruth — Sun, 01 Nov 2009 13:44:07 +0000

California’s …
California’s Mortgage Foreclosure Consultant Act at Civil Code 2945.4(a): “It shall be a violation for a foreclosure consultant to:
(a) Claim, demand , charge, collect, or receive any compensation until after the foreclosure consultant has fully performed each and every service the foreclosure consultant contracted to perform or represented that he or she would perform.”

By: ciro9

ciro9 — Sun, 01 Nov 2009 13:44:07 +0000

The newly elected …
The newly elected President Barack Obama could enact(once he takes office)to federally mandate long term loan modification’s (interest) on behalf of all Americans with ARM Negative (sub-prime/ deferred interest) mortgage loans (the main reason for foreclosures) at a low interest rate (fixed by the Federal Reserve Bank) for 40 & 50 year’s, depending on income. Leaving it up to the bank’s to do this is akin to putting the fox in the hen house to protect them.

By: subprime2006

subprime2006 — Sun, 01 Nov 2009 13:44:07 +0000

Please do not pay …
Please do not pay any money but instead call you bank to see if they are willing to accept the new loan proposal.

Proposal loan by FHA: 90% of your home value!!!
The new loan will is roughly 1/2 of your old loan amount therefore your new payment will be affordable.

By: msusms2006

msusms2006 — Sun, 01 Nov 2009 13:44:07 +0000

Are you currently …
Are you currently doing the modifications for free like you say in your above video?