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Archive for the new york Category

“Vultures” Mass Media’s Way of Scaring Us

I want thank my friend Julie for sending me this article from the Wall Street Journal.  The tile “Vultures” Save Troubled Homeowners, says it all of how main stream media wants to portray a company that actually is helping people as “Vultures”.  Why would they do that?  I did a little research and found that Lewis Ranieri ran an investment firm that probably contributed to the whole mortgage crisis in the first place.  Welcome to America; make a buck when the bucks are there to be made.  Now Ranieri’s firm is doing something that no bank loan modification or government program even attempts, they get homeowners mortgage principal reduced significantly.  Then struggling homeowners get a payment they can make, and stay in their family home.  Economic gurus and academic leaders have been saying all along that principal reduction is critical and important component of any loan modification.  One additional point here that is misleading in the WSJ article is the quote that 3.4 million loan modifications have taken place since mid-2007.  The real trouble only started at the end of 2007 and less than 500 thousand loans have been permanently modified since then, with less than 2 percent getting principal reductions.  Get it?  Now you may have never read or seen this article, but the people who read the WSJ are the bankers, Wall Street brokers, and our elected officials.  These are the people running and supporting the broken banks, Wall Street and government programs.  What do you think this does to their mind set when they vote on the next program?  I think it just gives them more false statics and ammunition to continue creating more of the same, which just does not work.

So is a principal reduction a good thing when it comes from a private firm?  In all fairness WSJ writer James R. Hagerty does say in the video on the site that if you can get a principal reduction co, it is a good thing.  You be the judge. I know many of us are attempting a loan mod and got a foreclosure notice, or it just plain failed because you cannot qualify, so then what?  The choices may seem few, especially if we keep looking in the same places for solutions.  And when you look at something good that may be good, it may get characterized as a Vulture.  Kind of a catch twenty two, huh. Where do you go? 

I encourage you to take a good long look at Living Free and Clear’s program in detail.  Good reputation, well known and respected CEO TJ Marrs and good client references.  Living Free and Clear’s Equity Triad program can reduce your principal, eliminate interest and even may get you in such a position that a bank will happily do these things or even more, to avoid triple damages against them.

Please join me in this discussion by clicking the comments button below.

As always yours in peace and prosperity, Freedom Writer.

Living Free And Clear Mortgage Solutions Overview

Got a home mortgage?  Take a few minutes today and watch this video.  Living Free and Clear has a program for almost any home owner.  This is not a loan modification program or foreclosure help program.  Living Free and Clear can substantially reduce your principal, interest payments and take years, not months off your pay off time.  Living Free and Clear offers a full 30 day money back guarantee if you do not qualify.  Contact Robert Ponte for the qualification form.  Below this posting you can listen to what Living Free and Clear clients are saying about the program.

Living Free and Clear - Mortgage Solutions from TJ Marrs on Vimeo.

Listen To What Living Free And Clear Clients Are Saying

Remember this is not a foreclosure help or Loan modification program.  We get huge amounts of interest reductions, principal reductions and years off of your pay back.  Living Free And Clear offers a 30 day money back guarantee if you do not qualify.  Contact Robert Ponte Directly for the Qualification form or by phone 860-599-5557.

Living Free and Clear Testimonials from TJ Marrs on Vimeo.

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