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JazLive > Intel > Home Owners - Loss Mitigation

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Home Owners - Loss Mitigation

I attended a Webinar for an on-line company called Freedom Foreclosure Prevention Services, LLC [FFPS].

This company is unique for they offer mitigation to homeowners who are in or in danger of facing foreclosure.

Consultants are trained by the company, tuition is 100% tax deductible and while in training, new recruits can earn while they learn.

Consultants, has on-line tools to process leads and track closures by certified professionals.

What impressed me most about FFPS from the perspective of a homeowner who may be in foreclosure status or in danger of facing foreclosure are as follows:

* no upfront fees to review homeowners' current mortgage status
* homeowner is not refinancing, consolidating debt, nor baited into a "short sale"
* negotiations for restructuring an agreeable payment plan between the homeowner and finance institution is generated from 'net income' not gross income
* FICO nor credit scores are considered in mitigation negotiations
* upside down mortgages are also reviewed for possible mitigation
* the homeowner can learn if (s)he can be helped by FFPS in a couple of days - FREE!

The purpose of this company is to quell the rate of forclosures throughout the USA and help the homeowner prevent losing his/her home.


Contributor's Note

As of this posting, I am not an affiliate of Freedom Foreclosure Prevention Services, LLC; however, I am considering becoming involved as a Consultant.

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Contributed by JazLive on April 23, 2008, at 4:12 AM UTC.

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This intel was contributed by JazLive


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