Corona, CA (PRWEB) February six, 2008

As foreclosures nationwide skyrocket, one site has vowed to aid property owners hold their residences. LoanSafe.org (http://www.loansafe.org) is the brainchild of Moe Bedard, a California man who is employing his connections in the industry to save homeowners from specific foreclosure and he’s undertaking it all for free.

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Bedard launched the special website six months ago as a place where folks facing foreclosures and skyrocketing adjustable rate mortgages could meet and discuss their options. In in the previous six months the internet site has grown to practically 1,000 members and has effectively saved 18 home owners from foreclosure.

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All 18 of the property owners stories have been chronicled on the Net website. Most of the members fought for three-4 months before getting a loan modification that could save their homes. Nevertheless, their perseverance prevailed, as one particular member of Loan Secure even received a personalized loan modification letter from the office of Angelo Mozilo, President of Countrywide.

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“As the foreclosure epidemic continues to grow, I see much more and far more people seeking for help,” said Bedard. “As two and three year adjustable rate mortgages begin to reset, men and women are locating themselves hunting for anything that could possibly save their houses. There was a need on the Internet for a secure and totally free place, where property owners could meet and get vital info that would aid them save their residences. I felt I could give some beneficial information to these individuals, such as how to get a loan modification, so I began LoanSafe.org. I had no concept it was going to develop as quickly as it did. I guess even I underestimated the impact these adjustable rate mortgages are having on the nation.”

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In it really is quick six month life, LoanSafe.org has currently received more than 500,000 visits. In contrast, the Hope Now Alliance, a totally-funded government plan produced to help property owners in much the identical way as LoanSafe.org, has only reached about 200,000 people in the past six months. Bedard credits the members of LoanSafe.org for its accomplishment.

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“The forum is full of home owners, attorneys, foreclosure prevention &amp loan modification authorities, and typical people and no one is asking for anything in return,” stated Bedard. “We’ve proven that most individuals can keep their houses, they just have to discover what demands to be accomplished.”

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“Properly it really is ultimately more than! We got our loan modified and fixed for the subsequent seven years,” stated a Texas lady who goes by the name of TxAngel. “If it weren’t for this forum, I do not know if I would have done any of it the proper way. I did not even know what a loan modification was.”

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For much more info on LoanSafe.org, please visit http://www.loansafe.org

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About LoanSafe.org&#13

LoanSafe.org is a support community that is constructed about the premise of paying it forward. Their primary purpose is to support homeowners discover ways to effectively stop foreclosure on their residences.

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Speak to Information:&#13

Moe Bedard&#13

moe @ loansafe.org&#13

951-736-6796&#13

http://www.loansafe.org

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