New Software Helps Homeowners Avoid Foreclosure

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) February 18, 2009 --
New Software Helps Homeowners Avoid Foreclosure
Seattle, WA - February 16, 2009 – The rising number of foreclosures has spurred a leading credit repair software company to take action to help those facing foreclosure. By releasing the Loan Modification Machine software program, those acting on behalf of mortgage holders either in trouble of default or already in default with their lenders now have a powerful tool to help in the loan modification process.

The Loan Modification Machine offers a complete loan modification processing center including a completely integrated e-mail system and template manager to facilitate professional communications between the client, the broker and the lending institution.
Designed for the professional attorney, mortgage broker or real estate broker, the Loan Modification Machine provides Pre-Approval Status for all mortgages falling under the FNMA SMP (Fannie Mae Simplified Modification Program.)
The SMP is designed to be a streamlined process for modifying the loans of a large number of borrowers who are delinquent in their mortgage payment and may be able to avoid a foreclosure through the program.

For all other loans the Loan Modification Machine offers a generated modification process based on the lending institutions Debt to Income ratio. Simply plug the numbers into the system and a proposal will be generated that fits the guidelines of that lending institution for approval process.
Not all homeowners will qualify for either the FMNA SMP program or their lending institution’s modification process as the homeowner needs to be in a genuine hardship situation and may need to qualify based on other criteria.
Contact:
Brian DesLauriers
LMR International, Inc.
Bellevue, WA 98004-3629
Ph: 425-458-1755
Ph: 800 713 0457
www.LoanModificationMachine.net
www.LoanModificationMachine.com
www.CreditMoneyMachine.com

loan renegotiation     renegotiate home loan     stop home foreclosure     stop mortgage foreclosure