why is no one helping people with their mortgages - Free Foreclosure Help - Loan Modification Help

melissachavez46 · #1 (**permalink**) 10-17-2007, 12:35 AM

that are behind and facing foreclosure? they say to keep in touch with your lender what a joke they dont even wanna try to help you or give you any options the ones they do give you are crap and i always get transferred to india with my lender and they dont have a clue what do people do when they cant get a loan or help i dont understand

USHomeSaver · #2 (**permalink**) 10-20-2007, 12:29 PM

I feel your pain every day as a third party loss mitigator. I can also feel the frustration of many who have posted here.

1. The truth is that sub prime mortgages were designed by Wall Street to create an investment vehicle for investors looking for big returns from high interest rates, even higher service/late fees and outrageous origination fees by giving loans to people with bad credit.

Tank joo berry moch.

2. Customer service (HAH) and loss mitigation reps have a job to do. Collect as much money as fast as they can before they foreclose on you. They are also commissioned or bonused on how much they collect - they are not motivated to help you. If they don't make quota two months in a row, they get fired.

Who cares about you? Just send money.

Mike Dolan · #3 (**permalink**) 10-20-2007, 05:43 PM

This is your advice Curt to someone that needs help?

WTF

Melissa, you need a third party loss mitigation company to handle this for you that has a guarantee and will return the money if nothing is accomplished. Yes, it is VERY difficult but by all means, not impossible. It takes dedication and hard work. Plus some good connections in these departments to get somewhere with your lender or servicer.

Call 877-YOU-KEEP or go to To view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily. . They will handle you carefully and offer an iron clad money back guarantee

877YouKeep · #4 (**permalink**) 10-20-2007, 05:46 PM

You are obviously not an expert in Loss Mitigation. I am a loss mitigator in real life and can not believe your statement. I am tempted to remove your posts because you really do not know the business

"Customer service (HAH) and loss mitigation reps have a job to do." three different jobs customer service, collections, loss mitigation.
Customer service are for normal servicing customers (current)
Collections are for 30-90 days although there is early loss mit in the mix.
Loss Mitigation really saving homes or short sales.

"Yes we do Collect as much money as fast as they can before they foreclose on you."
If money is taken during the process and applied toward a payment and not put in suspense. the company can not foreclose process has to start over again.

"They are also commissioned or bonused on how much they collect - they are not motivated to help you."
We are bonused on the amount of homes we save or sell in short sale, saving homes is the push though and we are doing everything in our power to help including lowering rates and extending terms.

"If they don't make quota two months in a row, they get fired. Who cares about you? Just send money."
This is the reason I am thinking about banning you, that is so far from the truth in fact I think you are gone. I am not a mean guy but making stuff up and not knowing your business is really upsetting to me.

Gonetodocs · #5 (**permalink**) 10-22-2007, 06:05 AM

Thank You, Thank You, Thank You, Thank You 877
for setting this guy straight. I was starting to think that this board was quickly headed off in a very wrong direction.

That guy must have had a very bad day when he posted that. If he is allowed back in the pool then I hope he (at least) keeps his shirt on.

JoDee · #6 (**permalink**) 10-22-2007, 11:26 AM

Hey 877! Guess what?! You know I have been whining to you about waiting for the manual?! - and was telling you I was trying to get a job with a law firm doing loss mitigation.....(I've been in Mtgs & trained paralegal)... well --------- I Got THE JOB! yay! Now - more than ever - I am soooo needing the help.... you know - the reaffirmation of what I am doing.... anxious here....

a question I have - is the manual just going to be loss mitigation - or will you have short sales in there too? I am considering getting your short sales training off your website - however - if it is just in the loss mit - then -guess not... ok - look forward to hearing from you

LossMitigation · #7 (**permalink**) 10-22-2007, 02:38 PM

For now we are focused on Workouts. There are so many manuals on Short Sales I do not want to be just another one. The need is for workouts that focus on retention (saving homes). We will consider in the future a Short Sale manual but for now, retention only.

The training on my websites that i am promoting are getting great reviews.

Becca/FL · #8 (**permalink**) 10-23-2007, 09:46 PM

Methinks Curt is a troll.

JoDee · #9 (**permalink**) 10-24-2007, 12:35 PM

your manuals you were talking about that you are promoting that are getting great reviews- are you talking about the actual training manual? did I not see that it is now available?

lisannem · #10 (**permalink**) 11-09-2007, 09:57 PM

I'm very interested in the manual when it's avaialable. I'm a new member (1st post earlier today) and it sounds like its exactly what I've been looking for. Up until recently I was in the mortgage business. This whole thing with the secondary market (mortgage) has allowed the press to paint a very negative picture of mortgage brokers. I'ts like any business there are disreputable people out there, but the majority of them really do have the customers best interests in mind.