Tag Archives: Owners

The Property owners Customer Center Now Urges Homeowners Nationwide in Want of a Loan Modification, Mortgage Workout or Foreclosure Support To Get in touch with The Law Offices of M.E. Ludt

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(PRWEB) June 11, 2012

The Property owners Consumer Center is 1 of the ideal identified property owners advocates in the United States, and the group is endorsing the law firm M.E. Ludt as the go to law firm for home owners in any state, who are in search of a loan modification, pre-foreclosure defense, foreclosure defense, or a mortgage exercise. The Law Workplace of M. E. Ludt, LLC also assists homeowners with loan servicing nightmares. The group says, “Tragically, millions of individuals, or families struggling to save their residences attempt to fix a important issue with their bank, or loan servicer on their personal, and the common outcome is failure, and a foreclosure.” The Home owners Customer Center has endorsed the Law Office of M. E. Ludt simply because this law firm regularly produces significant results for property owners searching for relief beneath 1 of the federal MHA loan modification, foreclosure defense, or mortgage workout applications nationwide. For more data home owners wishing a loan modification, or dealing with a achievable foreclosure, mortgage default, or loan servicing troubles are urged to make contact with the law firm M.E. Ludt at 1 (888) 364-8844. http://MELUDTLaw.US

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The Home owners Consumer Center has endorsed the Law Firm of M.E. Ludt for their legal capabilities for homeowners in all 50 states, who are require the following sorts of assistance: &#13

Loan Modifications &#13
Foreclosure Defense &#13
The homeowner has received a default notice from their mortgage lender &#13
The home owners loan servicing firm has misapplied mortgage payments, and the homeowner is now being shown to be late on their mortgage &#13
Mortgage workouts, or mortgage forbearance agreements

The Home owners Customer Center says, “The attorneys of the Law Office of M. E. Ludt, LLC are a nationwide team of attorneys that provide comprehensive mortgage representation for property owners in search of a loan modification, foreclosure defense, or a mortgage workout by way of the federal MHA or In-home programs. Their representation consists of nearby of counsel attorneys in ALL 50 STATES. The Law Office of M. E. Ludt, LLC and its nationwide network of attorneys will represent you in court, mediation hearings, and or for the duration of the complete mortgage renegotiation procedure.” The Property owners Consumer Center is urging property owners seeking a loan modification, foreclosure defense, or a mortgage exercise to utilize the unequaled talents of the Law Workplace of M. E. Ludt, LLC in all US states. For a lot more details please get in touch with the Law Office of M. E. Ludt, LLC at 1 (888) 364-8844. http://MELudtLaw.us

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California Property owners Nonetheless in Require of Mortgage Relief Despite Current Lawyer Basic Settlement

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Roseville, CA (PRWEB) June 11, 2012

In spite of the recent settlement with the States Attorneys Common, UFAN Legal Group, Computer (UFAN) continues to see important interest in litigation against Bank of America and the other significant banks participating in the settlement. Despite the settlement, several California home owners continue to stay without relief.

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UFAN filed its very first complaint against Bank of America on August 17, 2011 in Sacramento Superior Court (case # 34-2011-00109314). Yet another case was filed against the Bank in February, 2012 in Alameda County (case # HG62616744). Both of these instances target alleged fraud in the origination of loans, Bank of Americas improper servicing of borrowers loans, and other claims mainly concerned with contract law. UFAN is now preparing to amend its most recent suit to contain much more borrowers, similarly situated with existing plaintiffs, who are left without relief.

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Recent news headlines feature a key settlement in between the States Attorneys Basic and four significant banks, which includes Bank of America. Whilst Bank of America, through this settlement, agreed to a big cash payout both to participating states and specific groups of distressed borrowers, a lot of borrowers continue to be left without relief. For example, the settlement does not cover homeowners whose mortgages are owned by government sponsored entities like Fannie Mae and Freddie Mac, according to media reports. Reportedly, these loans make up much more than 60% of California home owners, and the settlement itself will only apply to about 250,000 California home owners.

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Whilst the settlement precludes particular new actions by state officials against participating banks, it does not limit private lawsuits filed on behalf of property owners. UFAN continues to fight for the rights of distressed homeowners who have been injured by the poor enterprise practices of Bank of America, and who have been left with out assistance despite governmental efforts.

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If you believe you may possibly have been injured by your lender, UFAN provides complementary lawyer consultations to help distressed property owners in assessing possible choices for relief including, but not limited to, litigation and bankruptcy. Click right here for a consultation.

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ABOUT THE UNITED FORECLOSURE Lawyer NETWORK

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UFAN Legal Group, Pc dba United Foreclosure Attorney Network (UFAN) is a Roseville, California-based law firm offering mortgage litigation and other debt related legal services. The dedicated attorneys and staff at UFAN work tirelessly to seek justice and fight for the rights of its clients. For far more information contact toll totally free 1-866-400-4242.

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This release may constitute lawyer advertisement. Kristin Crone, Esq. is the attorney responsible for this advertisement. The details in this release and on the UFAN internet site (ufanlaw.com) is for general information purposes only. Absolutely nothing in this release or on the UFAN internet site should be taken as legal advice. Prior successes are no assure of future efficiency. Litigation is inherently uncertain and benefits in litigation are in no way assured.

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A lot more Loan Modification Services Press Releases

Homeowners Consumer Center Now Urges Property owners In All US States Needing a Loan Modification Or Mortgage Exercise To Get in touch with The Ludt Law Firm-For A Vital Service & Genuine Aid

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(PRWEB) June 25, 2012

The Homeowners Consumer Center is a single of the very best branded home owners advocates in the United States, and the group is endorsing the Ludt law firm as the go to law firm for property owners in any state, who are looking for a loan modification, pre-foreclosure defense, foreclosure defense, or a mortgage workout. The Ludt law firm also assists home owners facing loan servicing nightmares. The Home owners Customer Center says, “Tragically, millions of men and women, or families struggling to save their properties attempt to fix a considerable issue with their bank, or loan servicing business on their personal, as opposed to possessing a very capable law firm do it for them-we feel the error is fatal for most home owners-with the outcome becoming a foreclosure.” The Property owners Consumer Center has endorsed Law Office of M. E. Ludt simply because this law firm regularly produces substantial outcomes for homeowners searching for relief under one particular of the federal MHA loan modification, foreclosure defense, or mortgage workout programs nationwide. For far more details homeowners wishing a loan modification, or dealing with a feasible foreclosure, mortgage default, or loan servicing concerns are urged to speak to the law firm M.E. Ludt at 1 (888) 364-8844. http://HomeownersConsumerCenter.Com

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Important Notice from the Homeowners Customer Center: “If any US homeowner is searching for a loan modification many banks are telling property owners to quote stop generating your mortgage payments. We say that is insanity. Do not quit generating your mortgage payments with no initial consulting a law firm, and we advocate the Ludt law firm.” http://HomeownersConsumerCenter.Com

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The Home owners Customer Center has endorsed the Law Firm of M.E. Ludt for their legal capabilities for property owners in all 50 states, who are need the following varieties of help: &#13

Loan Modifications-Congress has provided US bank’s billions for loan modifications. The Home owners Customer Center says, “Home owners in all states should contact the Ludt law firm, if they want more info about a loan modification, supplied they are nonetheless generating payments on their loan. Hundreds of thousands of current homeowners qualify for these programs.” &#13
Foreclosure Defense &#13
The homeowner has received a default notice from their mortgage lender, and they do not respond in a proper manner. &#13
The homeowners loan servicing business has misapplied mortgage payments, and the homeowner is now being shown to be late on their mortgage. This may possibly contain misapplied reserve payments for taxes, insurance coverage, or a alter in loan servicing organizations. &#13
Mortgage workouts, or mortgage forbearance agreements.&#13

The Homeowners Customer Center says, “The attorneys of the Law Workplace of M. E. Ludt, LLC are a nationwide group of attorneys that provide comprehensive mortgage representation for homeowners searching for a loan modification, foreclosure defense, or a mortgage workout by way of the federal MHA or In-home applications. Their representation involves regional of counsel attorneys in ALL 50 STATES. The Law Workplace of M. E. Ludt, LLC and its nationwide network of attorneys will represent you in court, mediation hearings, and or throughout the entire mortgage renegotiation method.” The Home owners Consumer Center is urging property owners in search of a loan modification, foreclosure defense, or a mortgage exercise to use the unequaled talents of the Law Workplace of M. E. Ludt, LLC in all US states. For much more data please get in touch with the Law Office of M. E. Ludt, LLC at 1 (888) 364-8844. http://MELudtLaw.us

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Connected Loan Modification Services Press Releases

HUD Grant Makes it possible for Chicagos John Marshall Law School to Continue Its Work on Educating Home owners and Lenders on Predatory Property Lending and Property Preservation

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(PRWEB) June 27, 2012

A $ 97,133 grant from the U.S. Division of Housing and Urban Improvement is enabling The John Marshall Law College in Chicago to continue its Fair Lending/Property Preservation Project that trains students, attorneys and lenders on the rights of homeowners beneath the Fair Housing Act. The funding is extending the project for a 10th year.

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A system education John Marshall Law School students about predatory lending will be able to continue into its 10th year thanks to extended funding from the U.S. Department of Housing and Urban Development (HUD).

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The plan created and managed by The John Marshall Law College Fair Housing Legal Assistance Center works with law students and regional housing assistance organizations to give data that might help home owners avoid the pitfalls by way of the protection afforded them beneath the Fair Housing Act.

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The newest HUD grant of $ 97,133 was announced May 17, 2012, said Professor Michael Seng, co-director of the Center.

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It is unfortunate that the problems of predatory lending havent lessened, but by means of our program we are instruction students to be knowledgeable advocates for these who uncover themselves taken benefit of, Seng stated. Obtaining the continued assistance of HUD, as nicely as the City of Chicago and the Department of Community Improvement is producing a distinction for our students, and in turn those who want legal suggestions.

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Seng established a predatory lending system in 2003 in conjunction with Higher Southwest Neighborhood Development when its leaders saw an uptick of poor loans being written for Chicagos Southwest neighborhood housing. Numerous residents located themselves in default, and the development leaders asked Seng for assistance.

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From that 1st initiative, Seng created a Predatory Residence Lending Law class in 2003 for John Marshall students. Considering that then more than 225 students have taken the class to find out the legal ramifications of the predatory lending concern and operate on neighborhood outreach.

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The program continued to develop and today, as the Fair Lending/Property Preservation Project, it includes the classroom component and hands-on training for students so they can determine predatory lending issues. The students function to aid with loan modification applications, help counselors with reviewing modification packages, and inform homeowners of cost-free solutions accessible by means of counseling agencies. Students review home owners economic and house documents alongside housing counselors.

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The HUD grant is enabling John Marshall to:&#13

Property owners with U.S. Bank Mortgages in California Still in Require of Mortgage Relief

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Roseville, CA (PRWEB) June 29, 2012

Even though settlement was reached not too long ago amongst five main mortgage lenders and the States Attorneys General, U.S. Bank was notably absent from the agreement. The settlement will need participating banks to supply modifications to eligible borrowers among other relief, but has left numerous borrowers with non-participating banks no relief.

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UFAN Legal Group, Computer (UFAN) continues to see considerable interest in litigation against US Bank in addition to these banks that have settled with the Attorneys Common.

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UFAN filed its complaint against U.S. Bank on January 13, 2012 in San Diego County Superior Court (case quantity 37-2012-00065198-CU-OR-EC). The case targets issues connected to loan origination, U.S. Banks alleged improper servicing of borrowers loans, and other claims mainly involving principals of contract law. UFAN continues to accept new consumers similarly situated with existing plaintiffs, for litigation.

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Recent news headlines discuss the settlement amongst the States Attorneys Basic and five significant banks. Even though the banks, by means of this settlement, agreed to a massive cash payout both to participating states and particular groups of distressed borrowers, many borrowers continue to be left with out relief.

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U.S. Bank is not bound by this settlement despite the fact it is alleged to have the identical fraudulent conduct as participating banks. UFAN continues to fight for the rights of distressed home owners who have been injured by the poor enterprise practices of U.S. Bank, and who have been left with out assistance.

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If you believe you may have been injured by your lender, UFAN provides complementary attorney consultations to assist distressed homeowners in assessing possible alternatives for relief including, but not limited to, litigation and bankruptcy.

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Click here to speak to UFAN.

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ABOUT THE UNITED FORECLOSURE Lawyer NETWORK

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UFAN Legal Group, Computer dba United Foreclosure Attorney Network (UFAN) is a Roseville, California-based law firm supplying mortgage litigation and other debt related legal services. The committed attorneys and employees at UFAN perform tirelessly to seek justice and fight for the rights of its customers. For a lot more details get in touch with toll cost-free 1-866-400-4242.

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This release may possibly constitute lawyer advertisement. Kristin Crone, Esq. is the lawyer responsible for this advertisement. The info in this release and on the UFAN web site (ufanlaw.com) is for common details purposes only. Nothing in this release or on the UFAN website ought to be taken as legal guidance. Prior successes are no guarantee of future functionality. Litigation is inherently uncertain and final results in litigation are never assured.

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Far more Loan Modification Services Press Releases

Home owners Customer Center Now Urges Bankruptcy Attorneys In All States to Join Their Essential Initiative for Struggling US Home owners-That Will Also Grow Their Practice

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(PRWEB) July 02, 2012

The Property owners Consumer Center says,”We possibly need each and every competent bankruptcy lawyer, or law firm with a specialization in bankruptcy in the United States to join us in a vital work to assist millions of US homeowners, who have no one particular in their corner. We know there are millions of US property owners who are upside down on their properties, or who have been provided extremely poor suggestions by their mortgage loan servicing bank, and, as a result, bankruptcy may well be the only realistic alternative left.” The group says, “At this moment many, to most loan modifications are handled by non-attorneys, and the outcome is the homeowner gets short changed, with no services rendered at all. We also know for numerous upside down property owners, or homeowners facing a foreclosure, bankruptcy might be the only logical selection. We are attempting to launch a robust national effort to educate homeowners about what a skilled bankruptcy attorney or law firm can do for them, and we actually do think this initiative is crucial.” For far more info bankruptcy attorneys are encouraged to contact the Property owners Customer Center anytime at 866-714-6466. http://HomeownersConsumerCenter.com

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Participating bankruptcy attorneys or bankruptcy law firms will get a listing on the Homeowners Consumer Centers Legal Sources Initiative internet site page, by state, and state metro location. The group will be carrying out weekly national press releases designed to drive property owners to the Property owners Consumer Center’s Legal Resource Initiative page, with the objective being the home owners take advantage of the attorneys or law firms in their areas, that offer you bankruptcy help, foreclosure defense, mortgage loan function out assistance, and so on. This initiative will run for a single full year, and the expense for participation is $ 185. Only licensed attorneys or law firms will be permitted to participate in this initiative. The Property owners Consumer Center expects participating attorneys, or law firms will have a important improve in new clients, primarily based on their participation in this essential initiative. For a lot more data interested attorneys, or law firms are welcome to call the Property owners Consumer Center at 866-714-7466, or they can just sign up by following the prompts listed on the Homeowners Customer Center’s net sites legal page. http://HomeownersConsumerCenter.Com

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Federal Trade Commission Enforcements Against Illegal Robocalls Targeting Delinquent Property Mortgage Loan Owners

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Eden Priaire, Minnesota (PRWEB) July 12, 2012

Yesterday the Federal Trade Commission (FTC) put out a press release providing homeowners and consumers guidelines on how to respond to robocalls and stay away from mortgage relief scammers. Fairly merely, there are 4 basic guidelines mentioned:

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Fiscal Cliff is Not a Bluff: Affect on California Home owners

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Long Beach, California (PRWEB) November 15, 2012

Widespread anxiousness is setting in as the deadline looms over the American government to address the so-referred to as fiscal cliff finish of Bush era tax breaks and other tax savings that have kept the American economy from the brink of collapse since 2008. The $ 600 billion of automatic tax hikes and spending cuts due at the finish of this year is basically not going to come about, Sen. Bob Corker told CNBC. On the other hand, Yahoo Finance reported that it is not America’s worst issue and even if the cliff was averted, it would only be a matter of time prior to America’s monetary issues would come to a head.

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1. No A lot more Tax Breaks

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So far, California’s property owners have enjoyed a tax break on their cancelled mortgage debts when they brief sell their underwater home. Nonetheless, these tax breaks for homeowners is set to finish this new year’s eve, unless Congress votes to extend it. If this tax break ends, much more home owners would be forced into bankruptcy to avoid paying income taxes on mortgages exactly where owners walk, says Lakewood, Ca Bankruptcy Attorney, Christine A. Wilton. Why? Christine Wilton says, “Simply because debts discharged in bankruptcy have no influence on a family’s revenue taxes.”

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two. Increased Foreclosure Activity

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Nonetheless ahead, California homeowners can expect slight house value declines in the coming year as inventory increases from far more foreclosure activity. Attorney Wilton says that a lot of California home owners are living on borrowed time and mortgage teaser rates will reset. Property owners who have enjoyed interest only payments for the final five to seven years will see a enormous jump in their payments when they begin to pay back the principal loan amount, says Attorney Christine Wilton. The great news, if there is any right here is that loan modifications continue to be processed for these that qualify and want to keep in their house. Home owners are encouraged to apply as soon as they know they can’t afford their mortgage payment.

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Property owners hunting to walk away from an underwater mortgage they can no longer afford might need to file for bankruptcy to stay away from revenue tax consequences before they seek a walkout selection. Christine Wilton says this is particularly crucial if there is a second mortgage or house equity line of credit against the residence.

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3. Flat Housing Values

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Whether the government averts the fiscal cliff and bluffs its way into 2013, or jumps appropriate off, housing values will be flat next year or decline slightly. Inventory will boost as much more foreclosures hit the marketplace and brief sales will take place soon after home owners exit the bankruptcy approach to avoid paying Uncle Sam.

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Photo Credit: Matson

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Homeowners Customer Center Now Warns If The Congress Fails To Extend Mortgage Forgiveness Tax Provisions It Will Be A New Disaster For All US Home owners & The US Economy

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(PRWEB) November 19, 2012

The Home owners Consumer Center is now warning that without a Congressional, and Obama Administration extension of the current mortgage debt forgiveness federal tax provisions for homeowners who do a loan modification, a short sale, a deed in lieu, or go by way of a foreclosure, and acquire a principal reduction in what they owe their lender anytime following December 31st 2012- the homeowner is going to get hit with a federal tax bill. The principal reduction received by the homeowner after December 31st 2012 will be treated as revenue by the US IRS. The Property owners Customer Center says, “We worry if the US Congress does not move quickly to extend the mortgage debt forgiveness tax provisions immediately, we could finish up with a stampede of US property owners walking away from their houses prior to December 31st 2012-with the net outcome reduced residential actual estate costs nationwide, that are brought on by a tidal wave of new residence foreclosures-or in this case deed in lieu of foreclosures. We’d call this a disaster, for the US housing markets, the US economy, and for all US property owners. We’d also get in touch with it a bipartisan should do-extend this now.” http://HomeownersConsumerCenter.Com

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Important Note from the Property owners Customer Center:”Who need to be worried about Congress, and the Obama Administration failing to extend the Mortgage Debt Forgiveness Tax Provisions? Answer: All US property owners who owe a lot more on their property than it is worth, all US genuine estate agents, all US Certified Public Accountants, all US tax planners, all US bankruptcy attorneys, all US banks, or mortgage lenders, all investors that personal mortgage back securities, and all US property owners who recognize a sudden surge of millions of US home owners walking away from their properties in December of 2012 additional devalue the already challenging hit US residential actual estate markets.” http://HomeownersConsumerCenter.Com

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On March 1st 2012, CNN Funds wrote, “The number of home owners who have fallen underwater on their mortgages-owing more than their properties are worth — climbed to 11.1 million in the final three months of 2011, a three.7% increase. Those in this upside-down position, also known as unfavorable equity, represent 22.eight% of home owners with mortgages. The count rose from 10.7 million borrowers (22.1%) only 3 months earlier, according to a report from CoreLogic.” The Homeowners Customer Center says, “Considering that the re-election of President Obama has anybody else noticed the lay off notices getting described in the enterprise sections of many US newspapers? What takes place to the 22.8% of all US homeowners, who are upside down on their house mortgage when they all of a sudden comprehend-if they never stroll away from their properties now-they may possibly get taxed on a principal reduction in 2013? At this moment we are saying if the US Congress, and the Obama Administration do not wake up now, and extend the Mortgage Forgiveness Tax Provisions now-we are going to have a truly big mess on our hands, and its going to begin extended prior to December 31st 2012.” http://HomeownersConsumerCenter.Com

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Connected Loan Modification Press Releases

Homeowners Consumer Center says Its Crucial Congress Extend The Mortgage Tax Forgiveness Provisions Now-Or Millions Of Upside Down US Home owners May well Stroll From Their Properties

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(PRWEB) November 26, 2012

The Homeowners Customer Center is urging the US Congress, and President Obama to right away extend the Mortgage Forgiveness Tax Provisions that are set to expire at midnight December 31st 2012. The group fears millions of US homeowners, who owe far more on their home than it is worth have no clue that without having this extension prior to midnight December 31st 2012, they could get a giant tax bill if they attempt to do a loan modification, a brief sale, go via a foreclosure in 2013-if a reduction in the principal of the mortgage is involved. The Home owners Consumer Center says, “We do not think most existing underwater US property owners realize that without this mortgage forgiveness tax provision extension they, or their neighbors are about to get hit with what could be a gigantic federal tax bill, need to they do a short sale, a loan modification, or a deed in lieu of foreclosure-that requires a mortgage principal reduction in what they owe their mortgage lender. With out an extension of this bill, anytime right after December 31st 2012, if a homeowner receives any variety of principal reduction from their mortgage lender-they are going to be taxed by the IRS on whatever the principal reduction was-as if it was income. Without an quick extension of this legislation we worry there could be a stampede of US home owners undertaking a deed in lieu, and walking away from their home prior to December 31st 2012.” http://HomeownersConsumerCenter.Com

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The Home owners Customer Center believes its not just the US home owners who owe much more on their properties than they are worth that will be the only casualties if the Mortgage Forgiveness Tax Provisions are not extended by the US Congress &amp the Obama Administration. The group believes further casualties incorporate:&#13

All US homeowners. The Homeowners Consumer Center says, “If we get millions of new deed in lieu of foreclosures prior to December 31st 2012 since the US Congress did not extend the Mortgage Forgiveness Tax Provisions-it lowers the value of all US residential real estate markets nationwide.” &#13
The thousands of real estate agents that specialize in quick sales would all of a sudden be unemployed. What homeowner is going to do a brief sale on their under water residence if they get taxed on the principal reduction-as ordinary income? &#13
Mortgage lenders, banks, mortgage brokers, and law firms that specialize in loan modifications will also be joining the unemployment lines-what homeowner-who owes far more on their residence than it is worth would want to do a loan modification if the principal reduction is taxed as ordinary earnings? &#13
A sudden influx of millions of instant deed in lieu of house foreclosures prior to December 31st 2012 could be disastrous for the US economy, and worldwide economic markets.

The Home owners Consumer Center says, “What occurs to the 22.eight% of all US property owners, who are upside down on their property mortgage when they all of a sudden realize-if they do not stroll away from their homes now-they may get taxed on a principal reduction in 2013, if they do a loan modification, a quick sale, a deed in lieu, or anything involving a principal reduction from their bank? At this moment we are saying if the US Congress, and the Obama Administration do not extend the Mortgage Forgiveness Tax Provisions now-we are going to have a gigantic mess on our hands, and its going to start off extended ahead of December 31st 2012.” http://HomeownersConsumerCenter.Com

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