Loan Modification Software with updated Home Affordable Modification Program Analyzer
PRLog (Press Release) –
Jun 29, 2009 – LOAN MODIFICATION
The private sector modification arena is now a hot spot with regulators. Basically, the focus is on eliminating the private sector arena all together. This does raise an important question—why? The basic premise of this move is to curtail home-owners from being ripped off. However, the regulators are placing more than just controls in place—it is more like a shotgun.
No prudent or diligent studies were done to present a solution that would ensure that the home-owner is protected while working with a private sector modification firm. The home-owner is simply told that all private sector firms will steal your money—and that the home-owner’s Lender will absolutely ensure that the very best modified terms are presented.
The Lender may very well take care of the home-owner. However, the fact that bothers is why the home-owner has access to all sorts of avenues to report a private sector modification firm that does not perform, but there are absolutely no instructions of what to do when a Lender does not perform? Even the playing field would be nice.
Continue to pursue assisting home-owners with a modification. Do it the right way, follow the rules, keep at it. I think you will find home-owners that will become frustrated and seek professional as-assistance to get the job done.
HOME AFFORDABLE MORTGAGE PROGRAM
CASI MOD Loan Modification Software v5.00 now includes HAMP (HOME AFFORDABLE | Obama Mortgage Modification Program) guidelines
Did you know that a non-delinquent home-owner can apply for a mortgage modification? They do have to qualify based on net income prior to consideration.
Note: the Lender cannot solicit a non-delinquent home-owner.
Casi Mod Loan Modification Software has been adjusted to be fully compliant with the HAM program . Mortgage insurance is deducted from the mortgage payment prior to modified payment analysis.
NON GOVERNMENT MODIFICATION PROGRAM
Target Debt Ratio
Design your modification terms by setting your target debt ratio and simply selecting the terms. From the Modification Worksheet, select Mod and then select the program available closest to the debt ratio you are targeting. Upon selection, all applicable terms are automatically set on the Modification Worksheet.
ESCROW ADVANCES
Did you know that under the HAM program, escrow advances are included in the modified mortgage payment calculation?
It affects the 31% gross front-end debt ratio and could offer a lower interest rate.
Escrow advance re-payment is spread over 60 months.
The home-owner does have the option to pay for these advance out-of-pocket prior to the modification trial period beginning.
LENDER FINANCIAL WORKSHEETS
Many Lender have issued specific financial worksheets required to request a mortgage modification. These financial worksheets are available from the Mail center by selecting Print, Email Or Fax next to the heading “package”.
In order to select these financial worksheets, you must have Word 2003 or Word 2007 available (Openoffice is compatible also in many cases).
Most parts of the financial worksheets are pre-populated. However, there are some sections that will require homeowner participation to complete.
NET PRESENT VALUE ANALYZER
See what the Lenders are looking at to determine if a modification or a sale is in their best interest. Change variables to compensate for each individual Lender. You will receive either a ‘pass’ or ‘fail’. Have the facts before contacting the lender to negotiate modification terms on behalf of your homeowner.
TO LEARN MORE
Please visit us at http://www.casimod.com
Email – casimod@casimod.com
Phone 714-420-6148
- $1,500.00 Cash Back On All Bucket Trucks, Digger Derricks and Cranes
- Celebrity New Mom is Gifted; Baby Swags Style
- Breaking News: Study Validates Aureon Technology to Predict Prostate Cancer Metastasis & Progression
- Understanding Search Engine Crawlers
- Summer is Here- 10 Ways To Cut Your Fuel Costs
- Sales Aptitude Tests or Sales Personality Testing Inadequate; Total Sales Ability Assessment is Best
- Conversion in xml with Admirable Quality within Your Means
- Image Matters LLC Spins Out Groundbreaking Technology, Barry Glick Takes the Helm
- An Australian Designed -GAS Injection System for Diesel Engines will Revolutionize Green Fuel Market
- The pack grows! BLACK DAWG SEALCOAT®, New England’s premier asphalt maintenance company,
- Counterfeit MP3 Players - Pluses & Minuses
- Banner American’s Innovative Easy-Lam green™ Roll Laminator Is Now Available At Factory Express
- Kovach Marketing Selects Jessica Gilera As Client Services Manager For New San Diego Division
- PennyStockChaser.com Alert: EXP Closed at $1.22 with more to come.
- GreenSmart Home Designs Introduced by Urbanedge Homes
PRLog (Press Release) – Jun 04, 2009 – For Over 17 years, I 80 Equipment has been the #1 supplier of quality reconditioned bucket trucks, forestry trucks, digger derricks, cranes, pressure diggers, grapple loaders, and chippers to the utility, telecommunications, sign and lighting, and tree care in
PRLog (Press Release) – Jul 11, 2009 – Plainfield, Il - Celebrity second and third time mom, Sarah Jessica Parker welcomed two beautiful baby girls into her family and Baby Swags clients share in her joy by sending a basket full of mom-made products for the babies. Sarah Jessica Parker became an in
PRLog (Press Release) – Jul 07, 2009 – OneMedPlace interviewed Aureon Laboratories, President and CEO, Vijay Aggarwal in a video news release: http://www.onemedplace.com/OneMedPlace congratulates Aureon Laboratories, Inc., a specialized laboratory dedicated to advancing personalized cancer treatmen
PRLog (Press Release) – Jul 20, 2009 – Understanding the way a search engine crawler indexes pages and the specific algorithm elements involved in their programming is key to determining which optimization techniques to use. The algorithms use a combination of page content and structure, loading ti
PRLog (Press Release) – Jun 01, 2009 – Fuel is now the HIGHEST operating cost as it has recently overtaken labour as #1. Understandably, as fuel prices continue to rise, everyone wants to reduce their exposure to rising costs In order to help businesses put a leash on fuel costs, we’ve compiled the
PRLog (Press Release) – Jun 30, 2009 – HOLLYWOOD, FL — It takes more than just personality or psychology to close the sale. An old style sales aptitude test or sales personality test may be inadequate in predicting sales potential. Testing for Total Sales Ability (TM) is the best solution, and bus
PRLog (Press Release) – Jun 05, 2009 – XML Conversion Services is a largest XML conversion company provides accurate “convert to XML” services worldwide. By offering high end XML conversion services, we enable our esteemed customers to manage their conversion requirements in a better way. With our
PRLog (Press Release) – Jul 20, 2009 – Image Matters LLC, an award winning provider of geospatial and Web technology solutions and professional services, announced that it has successfully completed a corporate spin-out of smartRealm LLC, as an independent company. Entrepreneur Barry Glick, founder
PRLog (Press Release) – Jul 17, 2009 – An Australian Designed - GAS Injection System for Diesel Engines will Revolutionize Green Fuel Market Place An Australian-designed gas additive system is saving thousands of dollars per week off the fuel bills of their customers, its inventors claim. Green Fue
PRLog (Press Release) – Jun 15, 2009 – GOFFSTOWN, NEW HAMPSHIRE… Shattuck Sealcoating and Calvano’s Sealcoating, two of the asphalt industry’s most respected names in southern New Hampshire and northern Massachusetts, have just joined forces with BLACK DAWG SEALCOAT. With these new additions, BL
PRLog (Press Release) – Jul 02, 2009 – MP 3 players are become our part of lives now. Comparing to the first F-10 MP3 produced by MPMAN, modern MP3 now have a wealth of advanced features, like picture-viewing, high definition video display, super-clear sound, etc. They free us from helpless boredom
PRLog (Press Release) – May 30, 2009 – Factory-Express.com, an online retail website that specializes in office equipment and supplies, is excited to announce the addition of Banner American’s Easy-Lam green™ Roll Laminator. This top quality laminating machine is designed with two distinct and comp
PRLog (Press Release) – Jun 11, 2009 – Already known for its creative efforts on behalf of such premier San Diego clients as Hotel del Coronado, La Costa Resort & Spa, Shea Homes, The Lakes Above Rancho Santa Fe, The Crosby and CIELO, Newport Beach-based Kovach Marketing has continued its nationwid
PRLog (Press Release) – Jun 17, 2009 – Every trading day PennyStockChaser.com sifts through thousands of stocks to identify those stocks that are poised and ready to move up. Why Penny Stocks? Penny Stocks are the only investments that can give a quick return of 100-1000%. Newark, Delaware - At Pen
PRLog (Press Release) – Jul 17, 2009 – Urbanedge Homes, Australia – renowned home builders in Victoria and trusted Melbourne home builders had announced an Australia-wide expansion of their services by introducing GreenSmart – a collection of green homes that boosts of energy efficiency, less water