10-27-09 update

Hi everybody. The good news is that we have found a company that is directly affiliated with a Law Firm that does business in all 50 states doing forensic loan audits on home loan docs. The company’s underwriters perform a brief review of peoples’ mortgage documents at no cost to determine if there are federal violations.

There is an 83% chance that during an audit at least one violation will be discovered, which is enough to pursue a “loan workout” with the lender. Should you wish to proceed, the company will prepare an audit for people seeking payment reduction (contact the person who introduced you for a list of necessary documents, pricing, FAQ, and contracts). The company makes written demands seeking proposed settlement to the lenders.

90% of the time the lender substantially reduces the rate, payments and principal balance without going to court. We have PROOF and we will provide it once we get more detailed information regarding the circumstances (taxes, insurance, terms of previous loan, etc.) of the loan workout. The one illustration that we have shows a more than 66% reduction in the principal mortgage balance. We are expecting to receive more samples from the law firm soon.

The loan doc audit process STOPS foreclosures (must be applied for at least 14 business days before the sale) and allows people to stay in their homes for many months (results will vary) without having to make monthly mortgage payments. Most importantly in some cases, it allows people to remain in their homes with more affordable payments.

We are starting a very aggressive approach in communicating with the EA this week. We will keep you apprised of the results of our strategy. Please be patient with us as we are doing everything in our power to make progress with the accounting firm. No posts on this blog means we have no “news”.

Thanks for your continued support. We will continue to search for the best debt reduction plans for people and we will do the best we can to do the right things for people.

10-13-09 info.

Ddp blog 10-13-09

Hi everybody.

We have been in communication with the EA’s office and we are trying to get the:

1 - exact start dates for the latest submissions.

2 – status on a certain bank (B of A) that the EA was working with to get modifications as a stop gap measure to delay foreclosures and short sales while the DDP is going through on those loans.

3 – proof of previous successful account results (from other DDP participants not referred by us).

Also, we have been working on some other exciting things for the group while we have been pressing the EA’s office for 1-3:

4 – We have been connected to a preferred SBA loan source (see DDP agent gmail for more info.). These funds could be used for keeping a mortgage paid during the DDP, running or a expanding a business, or anything else that a potential participant may need capital for - now. There are unsecured loans with short form apps as well, the Community Express and the Patriot Express.

5 – We are direct to a group that is funding business lines of credit for people with NO PERSONAL GUARANTEES. This is important because a lot of people cannot qualify for personally guaranteed funds.

A – There is a process (with one of our business/credit experts – NOW partners) that involves getting personal credit RESTORED which takes an average of 45-90 days in most cases

B - There are several levels of Corporate Structure that have varying degrees of credit available, up to 500K (and unlimited potential funds depending on circumstances including company size, available funds in corporate bank accounts, etc).

6 – We just got introduced to a membership association in CA that is purchasing a bank and they are already funding mortgages in CA and NV with their own FUNDS. Here are some more details about the loans:

A –100% LTV (loan to value) and they do work with 911’s! The highest priority loans (first funded) will be for people who were recently or who are currently involved in a foreclosure and or who may have already lost a home.

B – Common sense underwriting (if people can show logical proof of income to pay the VERY LOW PAYMENT – they will get the loan)

C – INTEREST ONLY (loan amount multiplied by rate divided by 12 = payment) with taxes, insurance and a small maintenance fee included in the (one) monthly payment

D – Principal NEVER due at end of loan or - EVER!

E – The [current] interest only rate is less than 3% - YES 3%!

E – The maximum loan amount is $1.5 million

F – The loans will only be available for homes in CA and NV to begin, but the lender is going to be able to lend in all 50 states in 2010 (moving to NM, AZ, and other western states SOON).

G – The mortgages are available for home purchases and refinances.

H – They will finance properties that are titled as business entities

I – We will be releasing more information about the new mortgage loans very soon. One of our friends of friends has already visited the firm’s offices in CA and NV and they have met with the founders/owners. They are 98% ready to launch with applications, all details, etc.

7 – We are hopeful that we will send out another blog update this week with good news regarding the DDP! We are doing everything we can do to get the EA to speed up the DDP and produce results!

10-2-09

DDP blog update 10-2-09

Greetings everybody. We appreciate your patience during this period of streamlining and improving the DDP. We have just done a complete update to all of the forms and we have created a few new ones too.

1 – Please destroy or discard all form 100’s, FAQ’s, and form 300’s that are not dated 9-29-09 or a more recent date. Agents, please destroy or discard all form 100's, FAQ’s, SA’s and form 300s that are not dated 9-29-09 or a more recent date. The new forms are complete and will be uploaded for agents once we receive an email that states... "I have deleted all my old TCP and DDP forms" This will end (once and for all) the use of out dated forms. Any submissions with out dated forms will not be processed. i.e. Form 300 with the 40 dollar fee for couples, the new price is 30 dollars.

2 – Please read the revised FAQ several times before you ask us questions. We have added some details regarding the AGIP (adjusted gross income process). We have some other avenues for people to participate in our processes. We are accepting:

A - People who want to participate in the AGIP only (if they don’t have debt)

B – People who have unsecured debt and don’t own property

3 – We are still working on speeding up the processing time for new files. Also, we are trying to get letters for the 911’s and relief for people who have accounts with certain creditors.

4 – We expect to see results on our initial submitted files (7-09) any day.

5 – PLEASE DO NOT ASK US FOR THE STATUS OF YOUR FILE – we will update you as soon as we have information on your file. If you don’t hear from us that ONLY MEANS THAT THERE IS NO NEWS. We will inform you when he have good news. We are using our time productively to work with people who have urgent pending legal issues. Thank you for being patient and thanks for understanding that extra demands on our time can be hurting other people who need our attention.

Thanks again for your support.