Los Angeles, CA (PRWEB) February 9, 2010
FreeModificationWebinars.com.

With an estimated three million new foreclosures, expected by specialists, in 2010, the governments HAMP plan has proved to be insufficient in curbing the foreclosure epidemic quick enough. Already frustrated with the loan modification procedure, most struggling homeowners are now faced with the challenge of converting their trial modifications into permanent programs. The Treasury Department is swift to point the finger at the lenders for their poor conversion prices, although the lenders are blaming their Home owners failure to give correct documentation in order to total the loan modification approach. Yet another key factor which slows the process for each home owners and Lenders is incorrect or missing calculations, which factors in the general household debt to earnings ratios, prior to and following the loan modification.

In response to the Treasurys request for community outreach help in preventing more foreclosures, a group of True Estate Industry specialists are sponsoring Totally free weekly Webinars, which supply home owners the information and step-by-step instructions on how to submit a correctly ready loan modification package.

Most home owners do not recognize that without having offering right documentations and calculations, they are at threat of missing the opportunity to safe a extended-term affordable mortgage modification mentioned Maz Badie, webinar instructor and skilled loan modification expert.

FreeModificationWebinars.coms participation and objective in the outreach system is to supply Totally free assistance by way of education to troubled homeowners so they can better realize the loan modification procedure, submit the correct loan documentations, and ultimately acquire a effective loan modification. By being a component of this outreach system, we know that we are not only assisting millions of households keep in their homes, but we are also stabilizing and securing the future of our own sector stated Maz Badie.

Free of charge webinars are getting held weekly and registration is carried out on-line at http://www.FreeModificationWebinars.com.

About FreeModificationWebinars.com:
FreeModificationWebinars.com is sponsored by a group of realtors, mortgage consultants, loan modification specialists and true estate attorneys in response to the Governments request for neighborhood outreach assistance in curbing foreclosures by means of the Property Cost-effective Modification Program. FreeModificationWebinars.coms principal goal is to slow the present foreclosure epidemic, save property owners thousands of dollars in legal fees and offer lenders with more uniform loan modification packages. Go to http://www.FreeModificationWebinars.com for more information.

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