Any homeowners here?

We are currently talking about LOAN MODS (SHORT REFI), YOU CANT FUUUCKING REFINANCE SOMETHING THAT YOU OWE MORE ON THAN ITS WORTH YOU STUPID RETARDED INBREED
//content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif

Bye.

 
I ALREADY MENTIONED IT ALONG WITH OTHER INFORMATION CONCERNING WHO I WORK FOR CURRENTLY AND WHO I AM GOING TO BE WORKING FOR IN THE FUTURE... DIPSHIT...READ!!!!!
sounds like you are beating around the bush, wouldnt have been simpler to just put ?????????? inc or ?????????? and co. I dont feel like going backa nd reading all 400 pages of bullshit you ahve wrote.

 
as a final comment, like i said i work in this industry, the best thing to do is call your mortgage company. DO NOT ANSWER AND SOLICITATIONs liek that last bastard. they will eat your money up.

Right now mortgage companies are backed upw ith request but they are the go to guys. If the mortgage company cannot do it then fine, the end. You can get organizations involved that will postpone things but inevitably you will be fukd.

 
we get:
Hardship letter

borrower financial statement

borrower income and asset table

borrower liabilities and expense table

load mod authorization and rlease form

borrower information affidavid

borrowers certification and authorization

third party authorization form

service afreement

fee agreement

method of payment

mortgage payment priority declaration

final signature of authorization

disclosure statement

once all this is collected by me, I send it to a medigation company which is basically a lawyer. I get about $1500 dollars once it's completed. and thats about it.

the medigation comp. handles the negotiations with the lender for the borrower
this is exactly what i needed. This is deemed illegal under RESPA Section 8.

"A fee earned that is not commesurate with services rendered has been catagorized as an illegal kickback via RESPA’s Section 8 and anyone dealing in such activities are punishable under law"

THIS is why companies who do this are currently under investigation and will be shut down by HUD

 
once all this is collected by me, I send it to a medigation company which is basically a lawyer. I get about $1500 dollars once it's completed. and thats about it.
the medigation comp. handles the negotiations with the lender for the borrower
And before, you said this:

True, the mortgage business isn't the best market to be in if you are looking for consistency and security. Honestly I have gone 2 months without seeing a dime, but then it pays off the 3rd or 4th month. If only 1 or 2 loans fund in the entire month, that's only a 4-5k dollar month. But at the same time I might be working on a pipeline of 4-5 loans, and 3 of them might fund the next month...and I charge a 1% origination fee on almost ALL of my loans

So, on average, how much do you make in total on a loan? Just the !,500, or is that strictly what you make for the application?

 
And before, you said this:

True, the mortgage business isn't the best market to be in if you are looking for consistency and security. Honestly I have gone 2 months without seeing a dime, but then it pays off the 3rd or 4th month. If only 1 or 2 loans fund in the entire month, that's only a 4-5k dollar month. But at the same time I might be working on a pipeline of 4-5 loans, and 3 of them might fund the next month...and I charge a 1% origination fee on almost ALL of my loans

So, on average, how much do you make in total on a loan? Just the !,500, or is that strictly what you make for the application?
are you understanding the difference between a loan, and a loan modification? Anyways before squeak got his panties in a bundle I was gunna say all this about loan mods I don't even care about really, when I created this thread I thought I was going to be doing alot of these but I honestly don't like them and I stick strictly to refinancing.

I've done like 7-8 loan mods before and 5 of them went through I think, I stick with getting people approved for purchase loans and getting people refinanced and completing the financial goals they want to achieve

 
are you understanding the difference between a loan, and a loan modification? Anyways before squeak got his panties in a bundle I was gunna say all this about loan mods I don't even care about really, when I created this thread I thought I was going to be doing alot of these but I honestly don't like them and I stick strictly to refinancing. I've done like 7-8 loan mods before and 5 of them went through I think, I stick with getting people approved for purchase loans and getting people refinanced and completing the financial goals they want to achieve
shut up

 
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mannyb18b

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