Friday, July 24, 2009

ARE THE BANKS AND INVESTORS ADDRESSING THE MORTGAGE CRISIS

Friday, July 24, 2009

I have previsouly written extensively about the rising unemployment rate and its connection to the present enormous mortgage foreclosure crisis. Wake up America, we are in a terrible financial mess and it is getting worse.

For the last six months all you have read about is how the Obama plan and the government were going to ride in like Ronald Regan on a great white steed and rescue you from your mortgage predicament. Nothing could be further from the truth. The default rate on mortgages is shocking and now commercial properties as well as residential properties are defaulting at a alarming rate.

What are the lenders doing in response to this problem. Nothing! The lenders and investors continue to create roadblocks and objections to accepting the loss that has occured and resurrect the existing mortgage portfolio. Time and time again we here the cry of borrower's who can not gt a reasonable response from their lender leaving them on the brink of losing their home.

E Mortgage Recovery recognizes that solving this mess and helping homeowners to stay in their homes is the key to resurrecting the American economy. We strive to serve our customers interests by efficiently and effectively reducing their interest rates and recapitalizing their loans allowing them to once again live in security in their home,. Call me at 610-317-1501 ext 108 for a free consultation to see if you qualify for E Mortgage Recovery's services.

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