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HAMP NPV Analysis Service – Results Remarkable

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Real REST Report Results Remarkable

When I first introduced the REST Report, I did so with total confidence that it would be the best thing to happen to loan modifications since… well, since forever, I believe was how I phrased it.

In retrospect, however, I found my words kind of… shall we say… overly enthusiastic.  It’s not that I didn’t mean every word of what I said, it’s just that later, when I read what I’d written, I felt like I should have been more sensitive to the fact that there’s so much hype and… well, crap out there being pushed at homeowners, and I certainly could have been a little more reserved in my presentation.

The simple truth was and is that I was excited about the prospect of making the REST Report available to homeowners.  I’d worked for ten months to make it available, and it was ten months with a front row seat to the ongoing tragic scene that has become the foreclosure crisis.  (And look… it’s working even better than I thought it would, so what would you do in my position, sit quietly?)

If you haven’t already read my article on Why and How to Use the REST Report When Applying for a Loan Modification, you really should click HERE and read more.  It’s proven itself to be a real game changer for many, and the results to-date have certainly been impressive by any standard.

I’ve received dozens of letters that describe successes using the report, but I’ve been hesitant to publish them.  The reality is that negotiating with your servicer or lender is an independent experience, unique to the specifics of each borrower’s situation.  Just because a group of nine borrowers had a positive outcome means nothing to predictions of how things will go for number ten.

But today, I received the email message shown below, and frankly, this isn’t just how a single homeowner succeeded using the REST Report, it’s about how the courts in New York viewed the REST Report in a real life foreclosure situation.

And although, perhaps no one could say for sure what would have happened had the report not been introduced in the proceedings, I think you’ll agree that the fact that it was presented to the judge in this matter, unquestionably made a significant impact.  And one more homeowner was spared the tragic indignity of losing their home to foreclosure… unnecessarily.

Dear Mandelman,

I have had a great result with the REST Report that I wanted to tell you about.  I work for an Attorney in New York, today the Attorney had to go to a Foreclosure summons meeting at the courts with the Attorney for Wells Fargo.

The courts were so impressed with the REST Report that the judge actually told the Attorney for Wells Fargo that there is no reason why the loan modification could not be completed in 30 days, as the REST Report has clearly shown that there are several scenarios in which it is better to modify the loan then to foreclose on the property.

Thank you for giving me access to the REST Report.

Sam

(Last name withheld here, but she may be willing to speak with others about her use of the report off-line.)

No, thank you Sam… for using the REST Report, by taking the time to learn to use the system and by offering it to your client as an important and potentially valuable tool.

It’s a weird position to be in.  We’ve run roughly 360 reports to-date, but I would have thought that number to be more than ten times that amount by now.  I guess it’s all about advertising and promotion, something I’m very careful about here…

I never want to be seen as a site whose primary purpose is profit and promotion, under the guise of education and compassion.  But, it’s a double edged sword, you realize.  How much good can you do when you can’t spend a dime to let more people know of something that might actually matter a great deal?  And how, in a world gone mad, literally jam packed with scams and hucksters, do you stand and say… trust me?

So, I can only do what I can do and say what I feel comfortable saying.  The REST Report may very well make a crucial difference in the outcome of your negotiations with your lender or servicer.  It’s not expensive, and it’s not a magic bullet, by any means.  But, I truly cannot imagine a situation in which it is not better to have than not have.  (Wow, that sentence made even me dizzy.)

Look, it’s a very good thing.  I wouldn’t be talking about it if it weren’t, even though as I’ve disclosed from day one, I do receive a small percentage of the revenue generated by people running REST Reports.  And I do mean a small percentage… if you’re curious how much, email me and I’ll tell you… info@thepatriotswar.com  I just think it would be tacky to put a dollar amount here.

I assure you that it is nowhere close to the amount that would be required to get me to recommend something I didn’t investigate personally, believe in 100%, and without question, use myself.  I don’t what that amount would be that would get me to do that, by the way.

By the way… you don’t need to be applying for a loan modification to use the REST Report, the report can help in any type of negotiation with a lender or servicer related to a change in the previously agreed to terms of a loan.  And that means you should consider running the REST Report when looking to arrange short sales, and other alternatives to foreclosure.

Call MBS Analytics now if you want help getting the REST Report and HAMP NPV Analsysis.

800-985-4685


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