Loan Modification Agreement

Secondly, it's very possible and in some case quite likely that your mortgage lender doesn't even know who holds your mortgage. This may sound unbelievable but it's true. Did you know that 40% percent of today's mortgage documents are lost or misplaced through mortgage mills, fraudulent practices, or mortgage bundling. Ask your lender to tell you who services your mortgage. You have a right to know. There is a nearly a 50% chance they won't tell you because they can't. they don't actually even know the answer to the question! How can they solidify a loan modification agreement? They can't.

So, the question about foreclosure then is not WHEN will the bank foreclose on your property but rather, IF the lender can actually follow through with the foreclosure. Although these types of cases have been winding down through the judicial system for several years, judges in recent months have been siding with the borrowers after the conducting bank's paperwork problems have raised broader questions. So, starting negotiations on a loan modification agreement is slow and protracted as the bank "tap dances" back and forth with requests for more documentation from you. (Which, by the way can drive you quite mad, when you consider they are simply trying to buy time to find out who owns your mortgage. Yikes!

Just when you thought that the answer to your problems was getting a loan modification agreement, consider this: Complaints about foreclosure fraud are pouring into the Florida Bar, with four times more cases pending than there were six months ago, as property owners trying to save their homes increasingly take on their banks and their lenders' lawyers. Take a look at this video to see what Congressman Alan Grayson has to say about "Fraud Factories" and then please return to this page for more information. Just click on the link below or cut and paste it into your web browser. http://www.facebook.com/pages/Executive-Management-Solutions/140285852206

The Wall Street Journal Reported that cases in Florida and other states have raised questions about whether banks properly demonstrated ownership. Therefore, the judges require the burden to be placed on the lender to provide correct documentation, something they can't do. So the result is that a homeowner doesn't have to and should not just walk away from their home. The foreclosure process that would have taken about 6 months to complete now could take years as the lenders try to straighten out the mess they have gotten themselves and us into.The TV show 60 Minutes recently broadcast a story about these very issues which have become a national epidemic and disgrace. Click on the link or cut paste it into your web browser and then return here. Caution, this will really frighten you. http://www.cbsnews.com/video/watch/?id=7361572n&tag=contentMain%3BcontentBody

I haven't mentioned the third reason why banks won't just modify your mortgage to your liking. And that reason is you simply don't know how to negotiate with your bank or mortgage company. EMS goes after what is best for the homeowner and we know how to negotiate with lenders. We speak their language.Let Executive Management Solutions either negotiate for you or teach you how to do so.

Loan Modification Agreement