What is a mortgage? A mortgage is a loan taken out from a lender to pay for a property. The loan is divided into two sections – the capital and the interest. The capital is the amount of money you borrow to purchase the property and the interest is the amount the lender will charge for lendin g you the money. The mortgage is secured against the property, which means that the lender has the right to attempt to repossess the property in the event that the borrower does not meet the terms and conditions of the mortgage contract.
Instant Modifications. Com is an independent mortgage consultant. What does this mean? Mortgage Relief Services LLC is a trading name of Instant Modifications. Com, which is an independent financial consultant group. As an independent mortgage consultant we have access to many lenders and lots of mortgage products on the market. If you would like to chat to us regarding stopping your mortgage from entering foreclosure call us today at 888-675-7773 OPTION 4 .
I'm in foreclosure and having trouble making my payment - what should I do?
You should make an attempt to speak to your lender immediately; it is in their interest as well as yours to keep you in your home. If they are unwilling to speak with you and resolve the situation you should consult with us and have your consultants stop your foreclosure.
How can you so effectively stop a foreclosure? Is this process legal?
Yes.
This process is very common, research Title 15 U.S.C 1635 REGULATION Z 226.15 (d) (1) & 226.23 (d) (1)
Why is the foreclosure rate extremely high, if these processes exist?
People perish for the lack of knowledge.
Consumers work and pay bills; they do not take the time to research all the consumer protection laws.
Will this process work?
Yes!!!
However, if you ARE NOT persistent and steadfast, then it will not work for you.
Will I get my money refunded, if I get evicted and LOSE MY HOME after using this process?
Yes Offer a Full Refund Guarantee! If you follow the steps, one out of the three results will occur:
A) The Bank Will Walk Away From Your Home!
B) Your Deed will be return in the mailed!
C) The Bank may attempt to instigate a civil action against you to have the documents filed at your county removed.
In which we recommend that you consult legal advice.
{Hence, just force the Bank to prove that a money loss was suffered.
It claimed it "has been extremely active in working with consumers on home loan modifications through the Obama administration's Home Affordable Modification Program and other loan modification initiatives." The bank is owned by a private equity group that purchased the failed IndyMac bank. Yano-Horoski, a college professor of English and cognitive reason, and Horoski, who sells collectible dolls online, bought their 3,400-square-foot, one-level house 15 years ago for less than $200,000. In 2004, court records show, they refinanced, paying off their original mortgage with part of a $292,500 sub-prime loan from Deutsche Bank. They used what was left for health care and for his business. The loan carried an initial adjustable interest rate of 10.375 percent, which soared to 12.375 percent. It eventually ended up being either owned or serviced by IndyMac, and the bank sued the couple in July 2005 when they began having trouble making payments because of Horoski's health problems. After a foreclosure was approved last January, Yano-Haroski successfully asked for a court settlement conference.
Spinner excoriated OneWest for repeatedly refusing to work out a deal, for misleading him about the dollar amounts at stake in the case, and for its treatment of the couple over months of hearings. OneWest's conduct was "inequitable, unconscionable, vexatious and opprobrious," Spinner wrote. He canceled the debt because the bank "must be appropriately sanctioned so as to deter it from imposing further mortifying abuse against [the couple]." The bank is involved in a similar case in California, where it's trying to foreclose on an 89-year-old woman, despite two court orders telling it to stop.
http://www.nypost.com/p/news/local/judge_kos_mortgage_to_slap_bank_28ZS1oW8Y58z6gu1AQbWMI
YOU OWN IT: Greg Horoski won his battle to keep his Patchogue one-level ranch home, as a judge called OneWest bank's foreclosure efforts against Horoski and his wife "repulsive."
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http://www.nypost.com/p/news/local/judge_kos_mortgage_to_slap_bank_28ZS1oW8Y58z6gu1AQbWMI#ixzz0Y0cMa7Gd
A Long Island couple is home free after an outraged judge gave them an amazing Thanksgiving present -- canceling their debt to ruthless bankers trying to toss them out on the street. Suffolk Judge Jeffrey Spinner wiped out $525,000 in mortgage payments demanded by a California bank, blasting its "harsh, repugnant, shocking and repulsive" acts. The bombshell decision leaves Diane Yano-Horoski and her husband, Greg Horoski, owing absolutely no money on their ranch house in East Patchogue.
Spinner pulled no punches as he smacked down the bankers at OneWest -- who took an $814.2 million federal bailout but have a record of coldbloodedly foreclosing on any homeowner owing money. "The bank was so intransigent that he [the judge] decided to punish them," Greg Horoski, 55, said about Spinner's scathing ruling last Thursday against OneWest and its IndyMac mortgage division. It erased up to $291,000 in principal and $235,000 in interest and penalties. The Horoskis -- who had been paying only interest on their mortgage -- had no equity in the home. Horoski, who had begged the bankers to let him restructure the loan, said, "I think the judge felt it was almost a personal vendetta." Dealing with the bank, he said, was "like dealing with organized crime." OneWest said, "We respectfully disagree with the lower court's unprecedented ruling and we expect that it will be overturned on appeal."
AUTHORIZED TRADELINE WHOLESELLER AND RESELLER BUY HERE AND SAVE!
888-675-7773