Wednesday, December 10 2008 - 03:49 PM
Loan Modification Failure
Bloomberg news: Modifications fail in 6 months or less(http://www.bloomberg.com/apps/news?pid=20601087&sid=aVd77NOyy2eA&refer=home)

Go over your loan documents for any violations of the FannieMae guidelines, which is not only the vast majority of all mortgages, but is also used as an industry standard. Any violations (FRAUD), means the lender must buy back the loan.

The biggest investment most Americans will make is now the target of one of the country’s largest financial scams and labeled:

“The Perfect Crime.”

When fully exposed, this will make Enron look like a parking ticket.
Bad loans should never be modified, they should be repudiated.

One of the most effective tools to cut through the toxic mortgage maze is a mortgage audit or forensic loan document review that can help discover legal violations on your loan, which will help you negotiate your mortgage before you are late.

For public safety and awareness please visit our websites:

www.avenue-s.us and www.avenue-s.info

People with better options, the public would like to hear it.

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