http://www.bizcovering.com/Real-Estate/The-Truth-About-Short-Sales-2.81063 Discussion about: The Truth About Short Sales 2 http://www.bizcovering.com/Real-Estate/The-Truth-About-Short-Sales-2.81063#comment113767 Thank you for sharing the information. I'm late 3 months on my mortgage because of financial Harship. I called my lender this week to discuss any possible loan modifications. They refuse to help me because the bank says I'm delinquent on my payments and I do not qualify for modification. They told me that I need to bring my balance to current and keep my payments for 10 months with no lates and they will look into my mortgage loan.
Any suggestions.

Thank you.]]> Fri, 07 Mar 2008 20:20:41 PST http://www.bizcovering.com/Real-Estate/The-Truth-About-Short-Sales-2.81063#comment102427 As many borrowers know from their own experience is that the resistance from
their lender is high and just getting through to the appropriate person is very
difficult. However, when MyRecast is
involved it seems as if the calls start to get answered and the letters are
responded to. On our MyRecast Team we have the best HUD advisors involved, state
wide attorney representation and the BEST sub-prime underwriters to QC / and
audit the original files.
We use powerful laws like the Truth in Lending Act (TILA) and the Real Estate
and Settlement Procedures Act (RESPA) to bring lenders to their knees. So,
naturally, the lenders will be very amicable to working and negotiating with
MyRecast Team for a modification of the note and work out to more
affordable terms to avoid costly
litigation. Not to mention your credit and
how this will affect your ability in the future.
Jackie]]> Sat, 09 Feb 2008 19:10:11 PST