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mortgage: 888-995-HOPE - 10/20/07 10:21 PM
This is a free phone line that is open 24/7 for any distressed homeowners seeking foreclosure counseling.  The Homeownership Preservation Foundation provides expert counseling through HUD approved non-profit agencies.
According to Treasury Secretary Henry M. Paulson, Jr. remarks on "Current Housing and Mortgage Market Development" at Georgetown University Law Center on October 16, 2007:
"Recent surveys have shown that as many as 50 percent of the borrowers who have gone into foreclosure never had a prior discussion with a mortgage counselor or their servicer".  This is a travesty!
Every mortgage and real estate professional should know there is a toll free … (2 comments)

mortgage: Short Sale Selling From a Loan Officer's Perspective - 10/20/07 06:27 PM
I'm a guest writer on Lenderama, one of the industry's top mortgage blogs.  I thought I'd share an article written recently on how to generate short sale buyers. So, without further ado...
Sit and Watch - If You Prefer 
… (0 comments)

mortgage: Short Sales Added To Seller Helps Buyer - 10/19/07 12:47 PM
We added an option for short sales to our free real estate database.  Real estate and mortgage professionals should be on the forefront explaining short sales to potential buyers.  As someone who has been/ and is/ on the front line in talking to these potential buyers on the phone about short sales, I can attest that it is a sure fire way to put a sparkle in a buyer's eye.
Please join us by adding listings for free in our database at Seller Helps Buyer.
Thanks and have a great weekend!
Paul
… (2 comments)

mortgage: Three-card Mortgage Monty - 10/13/07 10:05 PM
To any suggestion that the government shall set its printing presses free and flood the country with fiat money, all our economic intelligence reacts with no.  Only those who will say yes who are mentally or politically unsound.  And if a government is obliged by vote of the unsound to do it, then everybody, including the unsound, will begin to hoard gold because gold is the one kind of money no government can make or dilute.  Or if it were proposed that every bank should have the privilege to issue money as it might think fit, entirely in its own discretion, … (0 comments)

mortgage: Financing Solutions for 2007 to 2011 - 08/11/07 12:33 PM
Where did the Alt-A and Subprime go?  Together they accounted for 40% of 2006 originations.  The mortgage-underwriting bar has been raised yet again and at a time when housing can hardly stand it!  And now where are we headed?  Let's face facts.  Millions of homeowners will lose their home to foreclosure.  I'm sorry to say that, but it's true.  We are presently in the throes of a nuclear war.  Those of you who know me, know that I have an entire website and online seminars dedicated to help solve the problems of my fellow Americans plagued by financial crisis.  This article … (0 comments)

mortgage: Alt-A Judgment Week - 08/04/07 06:14 PM
Last week was an eye-opener for the mortgage industry.  Brokers will be talking about it for years to come.  In March 2007, we witnessed the Subprime Mortgage Meltdown where bad credit behemoth lenders the likes of Fremont and New Century fell with a thunderous bang - never to rise again.  Oh, those bad credit lenders, what were they thinking?  That subprime demise was no surprise, man - those people had bad credit, right?  Wrong, it caught many off guard at the time.  And now, five months later, it's Alt-A's turn.  Just in case you're wondering, the Alt-A folks have a history of … (6 comments)

 

Paul Jerome

Clearwater, FL

More about me…

Seller Helps Buyer

Office Phone: (702) 430-9390

Email Me

Do you have a Florida short sale? Call me. 702-430-9390 I'll Buy it! Paul at SellerHelpsBuyer dot com


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