http://perdewhomes.wordpress.com/2009/03/09/new-making-home-affordable-plan/ Featuring Bank Owned Homes & Foreclosure News Wed, 20 May 2009 23:34:33 +0000 http://wordpress.com/ hourly 1 http://perdewhomes.wordpress.com/2009/03/09/new-making-home-affordable-plan/#comment-131 David Camargo Mon, 09 Mar 2009 15:36:09 +0000 http://perdewhomes.wordpress.com/?p=150#comment-131 Under the new Obama Foreclosure & Housing Reform Plan, change will occur rather slowly because lenders must understand the new subsidies and incentives offered to lenders to modify loans. It could be months before lenders implemented the modification program, since they would have to train representatives and update internal procedures. While this training is going on numerous borrowers will be calling to see if their loans can be modified overwheliming the system even further. Furthermore it is estimated that only 17% of home owners in need will be helped by the plan. Consulting a legitimate and professional loan modification company, like Friendly Financial Services, provides assistance to a community in need by working diligently and effectively to modify their client’s loans. Every single case is treated as an urgent matter; the staff truly develops personal relationships with their clients throughout the modification process. Unfortunately, most companies entering into this field do not have the experience and knowledge needed to modify these files successfully. Modifications are very different than standard refinances and a lot more cost effective. We are an accredited business holding an “A” rating with the better business bureau and have a 98% success rate with our attorney, Robert V. Rossenwasser. Friendly Financial Services separates from the competition with a staff comprised of underwriters and processors who worked for lenders and have an insider understanding of what banks want to see in order to approve modifications. 786.629.6823 Under the new Obama Foreclosure & Housing Reform Plan, change will occur rather slowly because lenders must understand the new subsidies and incentives offered to lenders to modify loans. It could be months before lenders implemented the modification program, since they would have to train representatives and update internal procedures. While this training is going on numerous borrowers will be calling to see if their loans can be modified overwheliming the system even further. Furthermore it is estimated that only 17% of home owners in need will be helped by the plan. Consulting a legitimate and professional loan modification company, like Friendly Financial Services, provides assistance to a community in need by working diligently and effectively to modify their client’s loans. Every single case is treated as an urgent matter; the staff truly develops personal relationships with their clients throughout the modification process. Unfortunately, most companies entering into this field do not have the experience and knowledge needed to modify these files successfully. Modifications are very different than standard refinances and a lot more cost effective. We are an accredited business holding an “A” rating with the better business bureau and have a 98% success rate with our attorney, Robert V. Rossenwasser. Friendly Financial Services separates from the competition with a staff comprised of underwriters and processors who worked for lenders and have an insider understanding of what banks want to see in order to approve modifications. 786.629.6823

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