Obama Foreclosure Bailout

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New Loan Modification Provisions announced!

The Obama administration announced Friday (03/27/2010) that people receiving unemployment benefits would see their mortgage payments drop to no more than 31 percent of their monthly income for three to six months.  For borrowers who owe more than their homes are worth, their mortgage companies can cut the total amount they owe, or they can refinance into loans backed by the Federal Housing Administration. FHA will get $14 billion in incentive money from the federal bailout fund. More-->
 

May 17th, 2010

ULoan Modification approvalS-LoanModifications.com was formed in 2010 as a Retail Consumer Outlet for the proprietary software of the Loan Modification station, previously available only by Annual Subscription to commercial Debt Settlement & Loan Modification Experts, as well as Attorneys and Legal Firms, to select Retail Consumers. By participating in utilizing The Loan Modification Station Software, the consumer is empowered to control both the cost, and the expeditious timing of a successful Loan Modification. Recognizing that there is no real financial incentive for the banks to willingly participate, it becomes necessary to put together a perfectly designed comprehensive Financial Portfolio, application letter, Letter of Intent, and any other documentation that can influence the banks to recognize that their Client Consumers were serious about placing their applications squarely in front of Bank Officers, so they could no longer avoid the issue of Loan Modification, or put off the consumer with continual requests for additional information.


Loan Modification CheckmarkOur mission is to assist borrowers in saving their home by connecting them with approved Bank Presentation Software in the approved format, and containing all normally required financial information normally expected by Bank Loan Modification staff. Whether you are already in foreclosure or on the verge of foreclosure our Loan MOdification Station can replace the cost of expensive legal or expert Loan Modification consultants. Proper and timely execution of the Loan ModStation can expeditiously put in you position to get you a loan modification that will make it possible for you to keep your home. Our Software Application Designers are experts in loss mitigation and Loan Modification systems and have developed a system acceptable to your lender which will make it much easier to get the results that you are looking to achieve.

 

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