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Making Payments from your Smartphone with Near Field Communications
Near Field Communications or NFC is making its way onto our smartphones and into our everyday lives. Mobile Carriers have formed ISIS, an alliance that pushes and develops this technology along with Visa and other credit card companies. This new trend is on it’s way to becoming the standard of payment across the country.
Duration : 0:3:47
Process Credit Cards From Your BlackBerry Mobile Phone
http://www.paymentmax.com/my-business/mobile/blackberry-credit-card-processing.aspx
blackberry swipe merchant account
http://www.paymentmax.com/my-business/mobile/blackberry-storm-2-credit-card-processing.aspx
Duration : 0:0:37
Quicken Loans Refinance — Greg Lundgren Mortgage Banker
Quicken Loans client Sharon from Georgia, discusses her refinance process in this video review. Sharon contacted Quicken loans to get her home refinanced but soon after her home was hit by a tornado. Greg Lundgren, her mortgage banker, worked with her through the time it took to get her home repairs done till closing! Greg made sure the process was as easy as it could be and kept Sharon informed throughout the entire process. Sharon recommends Quicken Loans and Greg Lundgren to everyone looking to refinance their home!
Duration : 0:3:54
Quicken Loans Refinance — Mortgage Banker Rick Harvie
Quicken Loans client Julie from Washington, discusses in this video review how Quicken Loans and her banker Rick Harvie helped her refinance her home. Julie was amazed at how great the process was and how quickly it went. She recommends Quicken loans and Rick Harvie to anyone looking for to refinance or purchase a home!
Duration : 0:1:41
Loan Modification, Home Loan Modification, Mortgage Loan Modification, Mortgage Modification
http://realestatemarketingthisweek.com/real-estate/congressman-barney-frank-is-calling-for-the-restructure-of-the-loan-servicing-business/ – Congressman Barney Frank is calling for the restructure of the loan servicing business –
Part 2 – Well, in the past we have talked a lot about loan modifications and since the first time we started talking about loan modifications the whole space has changed. Everything about loan modifications since our very first broadcast talking about it, we don’t talk about it every week, but we do talk about it allot. It has changed so much, when we started anybody who had a significant hardship, or financial hardship, or had one of these toxic mortgages, that had adjusted, would be able to qualify for a loan modification. These things have changed all of a sudden, and not all across the board. Brett you made a comment earlier that people are concerned that once these servicers do these modifications they could be subject to lawsuits right?
Yes, it is amazing how quickly things have changed over the course of the last couple of weeks, it seems this information, and this news is changing almost hour by hour, at this point one of the things that came out regarding this mortgage modification program is from Barney Frank, “Congress should act to restructure the servicing of home mortgages.” So the idea is that they are catching on to something that you and your team at velocity financial were ahead of the curve on in terms of loan modifications.
Knowing that those rules for a hardship and why you are entitled to one have definitely changed. Now it is more of a situation where in order to stop foreclosure, to stop the problems associated with this mass foreclosure market place, modifications are being talked about amongst the banks now. Barney Franks comments today, he stressed how these voluntary inducements to get these private entities to protect homeowners from the government has fallen short, and Hank Paulson has fallen short of putting their weight behind this concept.
Although I personally believe that is the next evolution of this. Loan Modifications are a critical step for people who are feeling this economic crisis, and for people who want to stay in a home, for people who need this type of assistance. The idea is you have a short window of opportunity here before something else significant changes where you may no longer be entitled to.
You heard Citigroup, you know this we talked about it, Citigroup came out and made the announcement that they were going to suspend their pursuit of foreclosures in certain areas of the country that have the highest unemployment rate, that was the caveat. We will see how big the scope of that gets, but the whole idea is for you as a mortgage owner, as a home owner with a mortgage, if you need to establish a modification to an existing loan, in order to have more favorable terms in interest, a more favorable monthly payment, a way to keep that home, you have to look at this option.
Yes, and I appreciate you saying that one of the things that Citigroup announced they were going to be doing was giving people teaser rates of 1%. Look anybody with a brain can realize that that is ludicrous. What got us into this situation in the first place was huge banks, just like that one, giving people toxic mortgages, with fake interest rates, and pick your own payment, do whatever the heck you want to. It is exactly what they are trying to do again.
Essentially what they are talking about is giving people a short window of a very low interest rate, but they are going to be back in the same situation in the future. That’s why the loan modifications that we do, that we hire on your behalf, the national network of attorney’s that we use. We go for the throat, we are not looking to get you a 1% interest rate for the next 12 months. We are looking to get you a lifelong, or for the term of the loan if possible, the very lowest interest rate available, and fix it or extend the term so you can actually sustain that payment well beyond the short term.
One thing I want to point out before we have to go to a break, if you know of anyone out there, that has a GMAC mortgage, whether it be a GMAC first mortgage or second mortgage, you have got to tune in to the second segment you are not going to believe this scam that’s out there, going against people with these loans… http://realestatemarketingthisweek.com
Duration : 0:5:49
Quicken Loans Refinance — Jesse Kernc Mortgage Banker
Quicken Loans client John from California, discusses in this video review how Quicken Loans helped him and his family refinance. Jesse Kernc, John’s mortgage banker, did an outstanding job. He made sure John was always aware of what was going on in his loan process and answered any questions John had along the way. John received a great rate from Quicken loans; in fact the best he could find at the time. John loved handling his process online and would recommend Quicken Loans to anyone looking for a mortgage or refinance.
Duration : 0:2:56
Quicken Loans Refinance — Jesse Kernc Mortgage Banker
Quicken Loans client Audrey from Massachusetts, discusses in this video review how Quicken Loans helped her refinance. Audrey has worked twice with Quicken Loans and her mortgage banker, Jesse Kernc. With the help from Jesse Kernc, Audrey was able to switch to a 15 Year Fixed Rate and go down an entire point. Jesse made the whole process easy and made sure he was accessible at all times. Audrey loved having the closing take place at her home. She recommends Quicken loans and Jesse Kernc to all her friends and family.
Duration : 0:3:3
Quicken Loans First-Time Home Buyer — John Moga Mortgage Banker/ Darin Henning In House Realty
Quicken loans clients Chanelle and Brad from Nevada, discuss in this video review how Quicken Loans and John Moga helped them purchase their first home. Chanelle and Brad contacted Quicken Loans banker, John Moga, and after starting their mortgage process began house hunting. John Moga was able to direct them to In House Realty consultant, Darin Henning. Darin helped them with all their realty needs, including finding them a realtor. Chanelle and Brad were impressed with how great everyone was to work with and the customer service they received. They were able to purchase a home they love with a great interest rate. Chanelle and Brad would definitely use Quicken Loans again and would recommend Quicken Loans and In House Realty to anyone looking for a mortgage or is interested in purchasing a home.
Duration : 0:4:7
Quicken Loans Refinance — Mortgage Banker Tyson Royston
Quicken loans client Gary from Arizona, discusses in this video review how Quicken Loans and Tyson Royston helped him refinance his home saving him $140 per month in doing so. At first Gary was put in contact with Quicken Loans and several other companies. Almost immediately Gary realized that Quicken Loans was the best company for his refinance. Tyson, Gary’s mortgage banker, was professional and helpful along the mortgage process. The whole process was painless and easy. Gary recommends Quicken Loans and Tyson Royston to anyone looking for a mortgage or refinance.
Duration : 0:3:20
Loan Modification and Foreclosure – Taxes on Cancellation of Debt – RealEstateMarketingThisweek.com
http://realestatemarketingthisweek.com/loan-modification/beware-of-grandiose-claims-when-dealing-with-a-loan-modification-firm/ – Beware of grandiose claims when dealing with a loan modification firm –
Part 7 – You know I am glad that were back, when we went to the break we were talking amongst ourselves about some of these concepts, I really want to bring this back down to the listeners. So they really understand what this means to them. You have three strategic partners, each of them experts in their field, sitting around these microphones in the studio talking about how these factors have an impact on the listening public, the people listening to this station right now.
Velocity Financial is an expert in all things mortgage related. It represents the largest asset many people have in terms of their home. What were talking about is, we know the economic pain that exists, you probably read that Arizona has the dubious distinction according to the Case-Schiller index of having the highest property value declines in the country. People are feeling some pressure here and for those people who want to consider what a loan modification might do for them, should call you and talk about what that represents.
Then from there, you can refer them to people like Mike Patenella to talk about the tax ramifications, Mike can speak to some of those items and I can talk about their overall financial planning. But to start with let’s talk about what the loan modification process really represents and who can benefit from.
We have talked about all the different things you can do with your home as a home owner, there is the loan modification and there’s several different types of loan modifications, there is the option of a short sale, which can have huge tax implications that people may not be aware of. There is the option of foreclosure, which is almost the last thing you want to do and there is also bankruptcy.
Loan modification is essentially for the person who is unable to make your payment, because there was a material change, and the change that I am talking about is your not making as much money. You may have lost your job. You have one of these mortgages that are toxic, where the interest rate has gone up significantly.
I would not buy the story from some guy with an ugly little yellow sign on the side of the road that says, hey I can help you and I have a 99% success rate with my loan modifications. That is essentially a guarantee and there is nobody in their right mind that would buy the guarantee. There are so many different types of mortgage servicers out there, literally thousands of mortgage companies out there and you cannot predict what any one of these mortgage companies is going to do.
Certainly not guarantee anyone any result. Were definitely going to try our best, thats why we use a national network of attorneys, 45 out of the 50 states have some kind of recourse involved with short sales and foreclosures, loan modifications. This is not something you can just figure out on your own and certainly dont buy into some story that there is somebody who can reduce your mortgage by 50%. Thats not going to happen, or that they have a 99% success rate, things are just not realistic.
You should know better and I know I am putting it bluntly, lets be honest. You should know better. It sounds too good to be true folks, it is. These no cost loans, these goofballs are selling on the radio, saying they don’t cost anything, let me say this, someones got to pay for it. Try walking to one of these big banks right now thats trying so hard right now to make up for some of their losses, so if anyone is offering you something that sounds too good to be true. It probably is, call an expert, call someone who knows what they’re doing, and our team has 16 years of loan modification experience. Our national network of attorneys are dedicated to getting loan modifications and work with almost every major lender, use a pro.
Now Mike, I wanted to throw it over to you to reiterate a few of these things to talk about the different options that people are looking at. The reality of it is that a loan modification, if it works is the absolute best.
That would appear to be the case. You dont want to file bankruptcy, which would be your last choice. Trying to say youre insolvent might be difficult when you factor in all of your assets, so the foreclosures and the short sales, I think those just destroy your credit. Am I right on that?… http://realestatemarketingthisweek.com
Duration : 0:6:21
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