Feldman Law Center, Federal Loan Modification Program

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 5, 2009 -- Mortgage rates may be low but getting approved for a low fixed rate is only for "good" borrowers with conventional mortgages. Trying to refinance out of that adjustable rate or high fixed rate sounds good but is a lot harder when you try and get approved. A large percentage of homeowners qualified for their initial mortgage based on stated income and lower credit score requirements. Go to a lender now with the same deal and you will be most likely be denied.

These denials along with the growing debt homeowners are facing is going to result in more foreclosures in 2009. Over 1 million new foreclosures are estimated in 2009. Many of those can be stopped with a loan modification by a loan modification attorney. Homeowners facing overwhelming debt due to a financial hardship including temporary job loss, lower income, health issues and more can quality for a loan modification.

The Feldman Law Center, a loan modification attorney offers a new loan modification program called the Federal Loan Modification Program. The service streamlines the loan modification process giving homeowners relief immediately. The Feldman Law Center is a veteran in the loan modification industry but this new program was designed to help homeowners now when they need it. The program is in direct response to the lag in government assistance that takes to long to help the homeowner.

Greg Feldman with Feldman Law Center said "Homeowners were calling in by the dozens each week and asking about government bailout and government loan modification programs. They were days or weeks away from losing their home and needed help now. The government is doing some great things to help homeowners, but these homeowners needed help now."

The new Federal Loan Modification Program is going to allow homeowners to submit their information to a loan modification attorney and know right away if their loan can be modified. There is little paperwork or requirements from the homeowner. The loan modification team starts negotiating the mortgage with the current lender within 24 hours of obtaining all the required items from the homeowner. There is direct communication between Feldman Law Center and the homeowner to assure both parties are aware of the loan modification status at anytime. The Feldman Law Center has worked hard to perfect the negotiation progress and their experience and relationships allow them to obtain loan modifications that exceed homeowners expectations time after time.

If you are a homeowner facing foreclosure due to a financial hardship then please contact The Feldman Law Center directly. Reference the Federal Loan Modification Program code FEDMOD.

Feldman Law Center
The Federal Loan Modification Program | Program Code: FEDMOD
http://www.feldmanlawcenter.com
27201 Puerta Real #200
Mission Viejo, CA 92691
1-800-527-8497

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