Then this referral fee will be split to buy leads for paid loan modifications.

Identifying the business aspects of any project, zoning modifications, meeting with city planners and adopting a concept for the project is not rocket science, neither is the glossy presentations since there are many specialists that can accomplish the same thing.

If you go through the formal FC process you can get rid of those but you also give up much of the "edge' that you got when you purchased the note when you incur those legal costs.Other options like Deed in Lieu and modification are always going to have those junior liens tied to them.

No HML want's to get hit for a short sale or loan modification.

Education is the key, we need to cut the pork and spend it all on education - but in the right ways.When you find yourself trailing Cuba in any statistic, let alone something as vital ad education, it is definitely scary.And as a reflection from someone who is just exiting the education system (I have both private and public background - public for college), I will say that the largest problem in our education system is the culture of students.Americans simply do not value education, it is a given right paid for by taxes, and we've come to a point that it is taken for granted.

If your wife is alone on the mortgage they will consider her income and expenses for a modification and in my experience most lenders will not entertain a modification if you are not significantly late on your payments. this would all but kill your credit score or more accurately hers.

I can't tell you how vital this has become now that I brainstorm and realize all the mistakes that I've made.

The other thing is; Before a short sale can be approved, the lender is required to do a work out or loan modification first.

Any suggested changes or modifications?

Most banks require the loan modification to be cancelled in order to complete the short sale.