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Mod_Monster
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Click to read more about your Do-it-Yourself Mortgage Modification REST Report Continue reading
Posted Dec 27, 2010 at Mod_Monster's blog
Between the Foreclosuregate scandal being teken up by the 50 state's Attorney's General and the new MARS Rule by the FTC, it is apparent that mortgage negotiations and a court foreclosure defense must be a do-it-yourself project. Fortunately, a tool exists to do just that. The REST Report uses bank software to calculate an unbiased Net Present Value and recommend mortgage modification or short sale. The new version will incorporate the guidelines for the new Principal Reduction Alternative of HAMP. By submitting the REST Report along with other supporting documents, the homeowner is assured of good faith negotiations by their mortgage investor. The REST Report has been welcomed by every single foreclosure judge who has ruled on it. Click for Information on http://mortgage-monster.com/do-it-yourself-mortgage-modification
1 reply
Please explain the new waterfall test in the HAMP program that allows for underwater mortgages. We are seeing spectacular results in the courts with the REST Report as part of a mortgage modification/foreclosure defense. The REST Report calculates Net Present Value using bank/lender software. It recommends either mortgage modification of short sale and the nation's foreclosure judges support the results every single time. Click for Information on theDo it Yourself Mortgage Modification
Since I am more concerned with the single distressed mortgage owner that gets no good faith from the mortgage servicer, I offer this: We are seeing spectacular results in the courts with the REST Report as part of a mortgage modification/foreclosure defense. The REST Report calculates Net Present Value using bank/lender software. It recommends either mortgage modification of short sale and the nation's foreclosure judges support the results every single time. Click for Information on theDo it Yourself Mortgage Modification
1 reply
The solution to ensuring a good faith mortgage negotiation is to calculate an unbiased Net Present Value using bank software so that the lender can't dispute the calculations. The REST Report does exactly that and has been sanctioned by every single judge who has ruled on it. The software always recommends modification or short sale since those solutions benefit the mortgage investor and homeowner the most. Click for Information on theDo it Yourself Mortgage Modification
The solution to ensuring a good faith mortgage negotiation is to calculate an unbiased Net Present Value using bank software so that the lender can't dispute the calculations. The REST Report does exactly that and has been sanctioned by every single judge who has ruled on it. The software always recommends modification or short sale since those solutions benefit the mortgage investor and homeowner the most. Click for Information on theDo it Yourself Mortgage Modification
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Oct 29, 2010