Hi its Mike again,

I’m going to tell you exactly what “Home Loan Modification” is and who qualifies for it. “Home Loan Modification” is also referred to as a “Loss Mitigation.”

It is the process of renegotiating one’s mortgage with their current lender. The definition of “loss mitigation” to the lender is to minimize their loss from a defaulting loan. Loss Mitigation is NOT based on credit or equity. It is solely based on the ability of the homeowner to afford some type of reasonable payment moving forward. A homeowner must exhibit one and / or a combination of the following qualities in order to be considered for loss mitigation by their lender. 1) Inability to afford their mortgage payment recently or currently. Most lenders will not consider the homeowner for loss mitigation unless they can show Hardship or they have an adjustable rate that is due to adjust within the next 12 months or has already adjusted in the last 12 months. The further behind the homeowner is, the higher the priority is with the lender. 2) A legitimate reason for falling behind on mortgage payments, known as HARDSHIP. We must be able to show that they have recovered or are recovering from the hardship or that the homeowner can afford to make a lower payment on a consistent basis. Legitimate HARDSHIP reasons include the following:

a) Increased expenses or decreased income. b) Rate or payment increase. c) Death in family, divorce, illness, incarceration and many other case by case situations. d) Lenders WILL NOT accept a HARDSHIP that the homeowner says they were tricked by a mortgage broker or any reason where the homeowner points the finger at the lender. I will follow up with more information.

Mike Prettyman
email: mprettyman@homeloanpreservation.com
phone: 480 659 5421
PS For a FREE Hour with one of our Attorneys follow this link http://tr.im/ixBz
PSS I’m looking for agent to assist this process in all 50 states. If you are interested email or call me.

The car’s days as king of the road may soon be over. More powerful wireless communication that reduces demand for travel, flying delivery drones to replace trucks, and policies to restrict the number of vehicles owned in each household are among the developments that could thwart the automobile’s historic dominance on the environment and culture. If current trends were to continue, the world would have to make way for a total of 3 billion vehicles on the road by 2025. -Thomas J. Frey, “Disrupting the Automobile’s Future,” Sep-Oct 2008, p. 39 et seq.

Excerpted from The Futurist “Top Ten Forecasts For The Next 20 Years”

Full article

When It’s Necessary you can solve the problem!
Editor

In a local Shanghai suburb, one man has created what has to be one of the most cost effective automobiles ever.

Most Cost Effective Transportation

The car has a very simple design, basically a bunch of wood scraps tied together with wire, four wheels, and a seat that can barely fit one person.

An open frame allows for a nice breeze, so an air conditioner is not required, and it even has a headlight.

No word on the gas mileage this things gets, but all in all the vehicle is pretty impressive.