Tag Archives: indicators

Balmoral Dubai # 4099 Inc. Indicators Joint Venture with Hong Kong Capital Technology Restricted

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(PRWEB) June 29, 2013

Sheung Wan, Hong Kong Balmoral Companies operate as a number of trading facilities in the British Virgin Islands (BVI), London, UK and United Arab Emirates (UAE) teaming with accredited investors worldwide. This year, Balmoral has two divisions, Renewable Power and the newly acquired Arts &amp Entertainment division, with partnerships about the globe, celebrating 25 years of development and innovation.

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Lately Balmoral Dubai #4099 Inc. has arranged a joint venture with Hong Kong Capital Technology (HKCT) to gain access to the Asia industry in Hong Kong. HKCT will handle and organize new lines of credit from clients and private portfolios of private equity funds and direct investments. Balmoral will organize many new economic facilities and have HKCT act as an administrator to oversee the private organization, financial reporting and tax functions for the group.

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The arrangement will quickly commence by advertising a new private equity limited partnership, with the aim of raising

Homeownership Preservation Foundation Offers Help, Six Warning Indicators of Foreclosure Scams to Avoid Property owners Falling Prey to Rip-offs

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Washington, DC (PRWEB) October 18, 2010

Details about individual foreclosures is publicly offered, with any person able to access info such as the owner’s name and address, and in some states, other sensitive information. This signifies that homeowners in foreclosure can become the target of mortgage loan scammers who seek to take advantage of their predicament. The Homeownership Preservation Foundation (HPF), which gives data and financial education to guide customers toward the path of sustainable homeownership, is alerting homeowners to resources that will aid them keep away from getting victimized by unscrupulous firms conducting mortgage loan modification and foreclosure rescue scams. The Homeowner’s HOPE Hotline, 1-888-995-HOPE, is a central point of speak to for homeowners who believe they may be a victim of a scam.

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1-888-995-HOPE Accessible Resource for Property owners to Report Fraud

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“One particular of the most devastating aspects of the present economic crisis for property owners is the prospect of losing their properties to foreclosure, and to add to their distress, a lot of property owners have fallen victim to foreclosure help scams,” said Colleen Hernandez, CEO of the Homeownership Preservation Foundation. “Never be fooled. You can find specific guidance on how to keep away from mortgage loan scams by calling 1-888-995-HOPE or going to the web site at http://www.995HOPE.org,&ampquot said Hernandez.

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HPF has formed a coalition with NeighborWorks America, HUD, Fannie Mae, Freddie Mac, and the Lawyers Committee for Civil Rights Below Law to curb foreclosure rescue scams. The Homeowner’s HOPE Hotline has a devoted team trained specifically to take information on reported foreclosure scams and perform with home owners to address any monetary concerns. This information is employed by local, state, and federal agencies to shut down unscrupulous organizations. &#13

The U.S. Government Accountability Office released a report in July 2010 entitled “Residence Ownership Preservation,” which warns: “The existing foreclosure crisis has offered persons who could perpetrate mortgage foreclosure rescue and loan modification schemes with unprecedented possibilities to profit from home owners desperate to save their houses.”

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The report says that the most active scheme is one particular in which men and women or organizations charge a fee for solutions not rendered. In addition, the report said there are two other sorts of foreclosure rescue and loan modification scams that are frequent: advance-fee loan modification schemes and sales-leaseback schemes, with advance-charge schemes getting the most common. The U.S. Federal Trade Commission not too long ago reported on a new twist on the advance-fee scam–a forensic mortgage loan audit.

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Scams aren’t constantly easy to spot – but it assists if to know what to appear for. Right here are Six Warning Signs of a Foreclosure Scam:

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Web Lead Generation Firm Leads123.com Indicators Up 5,000th Purchaser

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Hermosa Beach, CA (PRWEB) October 27, 2010

Leads123.com announced that the firm had signed up the five,000th buyer for it is innovative, self-service lead obtain and delivery platform. Leads123.com enables lead buyers each large and little to buy targeted, Web-generated leads across a selection of monetary services items such as mortgage leads, loan modification leads, debt settlement leads and tax settlement leads.

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Our objective is to make it easy for companies to create and manage an on the web lead campaign, stated Mark McKendry, CEO of Leads123.coms parent The Wisdom Organizations. And I feel the fact that 5,000 firms have selected to perform with us shows that we’re doing a very good job of accomplishing that goal.

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Leads123.com is a turn-important, self-service system that allows shoppers to location true time orders for either exclusive or non-exclusive leads. The web site also enables customers to cherry-choose aged information up to 30 days old for a reduced value. Organizations can develop an account with as little as $ 250 and be up and operating in a matter of minutes.

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Leads are generated at a network of websites such as MortgageRateCutter.com, LoanModificationYes.com and USADebtHelp.org. All inquiries are vetted by Leads123.com’s in-home QC team and pass through a 24 point verification process prior to being delivered to buyers.

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Leads123.com is operated by The Wisdom Businesses, a top on-line marketing and advertising firm situated in Hermosa Beach, CA. Because 2002, Wisdom has generated over a single-million leads for businesses in the mortgage, insurance coverage and credit industries. In 2008, Wisdom launched Leads123.com, an revolutionary self-service website that permits companies to easily manage their obtain of online leads.

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Kramer Kaslow: Office of Comptroller of the Currency indicators Cease and Desist Order with MERS Corp.

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Calabasas, CA (PRWEB) June 03, 2011

The Office of the Comptroller of the Currency has just signed a Cease and Desist settlement agreement with MERS Corp (Mortgage Electronic Registration Systems). Among other items, the Cease and Desist order finds, We have identified certain deficiencies and unsafe or unsound practices by MERS and MERSCORP that present monetary, operational, compliance, legal and reputational dangers to MERSCORP and MERS, and to the participating Members. (OCC No. AA-EC-11-20 Board of Governors Docket Nos. 11-051-B-SC-1,11-051-B-SC-2 FDIC-11-194bOTS No. 11-040 FHFA No. EAP-11-01)

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Noted lawyer Philip Kramer, a senior companion at the law firm of Kramer &amp Kaslow offers insight, MERS Corp is the owner of Mortgage Electronic Registration Systems (MERS), 1 of the cornerstones of the current banking crisis. In order to reduce up loans and move the pieces around the world at the speed of electronics once again and again and once again, till no one particular is certain who owns what, monetary institutions have been making use of MERS as the beneficiary, a legal term which in practical terms signifies they are entitled to foreclose on behalf of the lender except MERS is nothing at all more than an electronic database. They are typically named as beneficiary. However in order to legally be named as beneficiary they would have had to put up funds on the loan. Not to mention the truth that the recordation itself is not even official. BUT most importantly, MERS is by no means a Holder in Due Course.

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Philip Kramer goes on to observe that, Have been a nation of laws. Everyone knew that MERS didnt have the proper to seem as a beneficiary, but it would have been inconvenient to act on this since MERS was in widespread use throughout the banking business. It was incorrect, wrong, wrong, but everyone was carrying out it. Just like they had been performing no-doc loans and other sleights of hand. Just like the banks were doing so a lot of bad issues to homeowners. All they wanted to do was increase their profits no matter who it hurt or how wrong their practices may be.

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The complete text of the consent decree can be identified at the following URL:

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ABOUT PHILIP KRAMER&#13

PHILIP A. KRAMER is the senior companion of the Law Office of Kramer &amp Kaslow, in Calabasas, California. Kramer &amp Kaslow is Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

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Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes commercial litigation and trial advocacy, with a concentration on enterprise litigation, and actual house matters. He has prosecuted and defended cases for more than twenty five years.

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Mr. Kramer is a licensed real estate broker and has spent considerable time providing legal services in connection with true estate concerns relating to loan modification and loss mitigation, land use and zoning, environmental concerns, easements, construction and improvement, finance, and landlord tenant matters.

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Mr. Kramer is admitted to practice ahead of all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has tried in excess of 200 cases. He has appeared on nationally televised applications relating to pre-trial procedure and trial approach and has appeared as a guest lecturer on subjects ranging from constitutional law to trial practice, and Mr. Kramer regularly lectures on a broad spectrum of various legal and organization issues.

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Mr. Kramer also serves as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

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Mr. Kramer is also a previous president of the Los Angeles West Inns of Court, a national organization devoted to bringing professionalism and civility back into the legal profession. He also serves on quite a few Boards of Directors and serves as an officer in a lot of organizations. For more information contact (818) 224-3900 or go to http://kramer-kaslow.com.

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