Finally, The Truth About Mortgage Adjustements And Making Home Affordable?

As foreclosures continue to rise and more people are losing jobs, the reality of our economy coming from Walls Street is not the reality of the economy coming from Main Street.

Why do we keep hearing in the news every day that the economy is looking better when one minute we are bailing out the banks and several months later they are proclaiming 41% profits like Wells Fargo. Then we hear that bonuses to these financial companies executives are about to be paid, when homeowners are still struggling to get a help stop foreclosure. Then when you talk to the homeowner, they can’t seem to get a loan modification from their lenders, are losing jobs, are upside on their Mortgage, and can’t afford their mortgage payment anymore. I assume these wonderful profits that the financial companies are making are going to the executives and not towards loan modifications or Loan work out programs to help people save their homes. Homeowners are borrowing from friends to just make a Note payment to stay in their home. They call their financial companies constantly asking to qualify for Obama’s Making Home Affordable or even HAMP, or heck why not any other Mortgage Adjustements Program. Time and time again, more than not, the homeowner is transferred to another resource in the bank, disconnected, or just lost in the maze and not helped with a Mortgage Workout by their bank/loan servicer. It took an act Congress to just define Making Home Affordable (MHA) and other Loan Workout programs (http://www.callalms.com). Now it is taking an act of congress to actually get a Note Modification under HAMP or Making Home Affordable. As foreclosures continue to rise and more people are losing jobs, the reality of our economy coming from Walls Street is not the reality of the economy coming from Main Street. A big majority of Americans are upside down on their Homes, can’t afford their Note payments, and have credit card debt is increasing at an alarming rate. The major concern is that when homeowners call their mortgage companys they are told they have to be late on their mortgage to qualify for Obama’s Making Home Affordable. They are also told that they cannot have any equity in their homes to qualify for this type of Loan Workout. Both of these statements are not true; as the financial companies are suppose to provide a Mortgage Adjustements under these situations. It is just one more lie and one more way the servicers are not qualifying homeowners when they should. It of course is like one more excuse. If a homeowner doing a Mortgage Workout on their own is actually lucky to make any progress on their own, then the mortgage companys takes their time completing the Loan Workout. There are stories that homeowners are waiting 9 and 12 months for a Mortgage Adjustments. What is going here! The best way homeowners are getting help is thru Attorney Loan Workout, as the Attorney’s (http://www.callalms.com) are putting pressure on the banks to modify home Mortgage and stop foreclosures. This process should not be so difficult; at least the Attorneys are successful with the Loan Adjustements. If you are at your last straw, check with an Attorney Loan Modifications Company that offers 100% money back guarantee for help.

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American Loan & Mitigation Services is a California based attorney loan modification firm. Visit us online to learn more about our services at http://www.callalms.com