Improving Foreclosure Resolution Communications

I speak with many homeowners everyday regarding their frustrations and fears after they begin falling behind on their mortgage payments and eventually enter the foreclosure process.  I also speak with many lenders everyday in regards to the foreclosure crisis across the United States.  I find it disappointing to see families walk away from their homes or file an unnecessary bankruptcy due to a combination of poor advice and inefficient loss mitigation operations within the umbrella of most lenders. 

I see too many families walking away from their homes because they believe they have no options.  Unfortunately, very few homeowners have any success working with their lender for a fair and reasonable resolution with their lender.  Whether it is difficultly navigating phone systems, inadequate training in loss mitigation departments, or poor communication – too many families are losing their homes or being forced into bankruptcy when neither is necessary the majority of the time.  Continue....