Coral Springs, FL (PRWEB) May 27, 2011
Regency Economic Group (Regency or the Organization), a mortgage broker business specializing in loan modifications, announced right now that it has properly exceeded processing over one hundred clients. In addition, James Clavijo, CPA, MA has joined the Company and will serve as President and Chief Economic Officer.

Mr. Clavijo has over 17 years of experience in major many organizations experiencing rapid development. His encounter vast has allowed him to work with both private and public businesses that range in size from startup businesses to Fortune 500 organizations. In addition, he has assisted these companies in raising over $ one hundred million. He holds a CPA license from the state of Florida and has a Masters degree in Accounting from Florida International University, as properly as Bachelors, from the University of Florida and the University of Nebraska.

I am excited to join a Company that is actually assisting families find a way to save their residences, stated Mr. Clavijo, my objective is to market and industry the Firm so that we may attain all the families who are not receiving the help they need in order to modify their existing loans and support them save their homes and do so at an inexpensive value.

Mr. Clavijo joins Francisco Salvat and Robert David Conner who have effectively operated Regency because its inception in 2010.

Regency provides assistance with processing loan modifications. Several homeowners discover that they are lost in a sea of red tape, dont have the sources, dont have the time, and are usually ignored by lenders. Several occasions homeowners are denied simply because of incomplete paperwork and incorrect submissions. This is exactly where we can help. At Regency our processors are experienced in the field and know how to attain the lenders and know how to submit the documentation essential and most importantly are your advocates in the purpose to save your home, stated Mr. Conner, we provide this service below a three step processing charge. The very first step is the account setup and software program purchase, for $ 199 charge. The second step is completed after your modification package is submitted to the lender, the fee for this is $ 299 and the third and final step is when the modification is completed and approved by the lender, a fee of $ 499 will be needed. The Firm only receives payments for perform that is performed. Regency keeps the whole processing charge upon approval beneath $ 999 and $ 795 for a prepaid discounted account setup.

Not too long ago one of Regencys consumers supplied a testimonial: I was in foreclosure and had been denied by my Mortgage Organization three occasions for the HAMP Loan. I saw an ad on the net for The HAMP System from Regency Monetary Group. I was desperate and figured it was worth a try. I called Regency Monetary Group and spoke with a specialist by the name of Francisco Salvat. They handled the complete method from beginning to finish they assisted in analyzing the numbers and resubmitted the package to the Mortgage Organization and within a matter of four weeks it was authorized. They help decrease my interest price from 7% to 3.25% and lowered my month-to-month payment from $ 1,601 to $ 869. They also have been in a position to apply my previous due payments to the end of the loan.

In February 2009, the Obama Administration introduced a comprehensive Monetary Stability Program to address the important difficulties at the heart of the existing crisis to get our economy back on track. A vital piece of that work is Producing Home Cost-effective, a program to stabilize the housing market place and assist struggling property owners get relief and keep away from foreclosure. The Property Cost-effective Modification Plan (HAMP) supplies eligible property owners the chance to modify their mortgages to make them much more cost-effective. More than a single million property owners have currently gotten aid below the system. The plan is on track to offer support to three to four million home owners by 2012. On March 26, the Obama Administration announced expanded flexibility for mortgage servicers to assist far more unemployed homeowners and property owners who are underwater by way of the plan. There are 5 standard inquiries you require to ask, is the residence your primary residence, is the quantity you owe on your 1st mortgage much less than $ 729,750, are you having trouble paying your mortgage, was your mortgage made prior to January 1, 2009 and is your payment far more than 31% of your gross revenue, if you can answer yes to those concerns we can support you with this system, we may possibly nevertheless be capable to assist you even if you dont qualify for this program, stated Mr. Salvat.

About Regency Financial Group
Regency Financial Group is a mortgage broker company specializing in loan modifications. Regency provides an inexpensive payment program or upfront discounted fee for account setup and software obtain and processing of loan modifications.

For additional details please check out Regencys website at: http://www.theregencyfinancialgroup.com , or get in touch with 877-376-3827 or email helpme(at)theregencyfinancialgroup(dot)com

This press release contains forward-hunting statements that reflect Regencys current expectations about its future outcomes, efficiency, prospects and possibilities. Statements that are not historical facts, such as “anticipates,” “believes,” “intends,” or related expressions, are forward-looking statements. These statements are subject to a number of risks, uncertainties and other variables that could lead to actual events or results in future periods to differ materially from what is expressed in, or implied by, these statements. Unless required by law, Regency assumes no obligation to update or revise any forward-hunting statements as a outcome of new details or future events.

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