San Jose, California (PressExposure) March 31, 2009 -- Loan Deal Inc. announced today its series of public seminars on the options that homeowners have in dealing with their distressed home mortgages. The seminar series is designed to educate homeowners in Santa Clara and Alameda Counties, areas that have been hard hit with declining home values and economic hardship.
The first date for the public seminars is set for Thursday, April 16th 6:30pm at the Campbell Community Center (E-46 activity room), 1 West Campbell Avenue, Campbell, California. Interested parties can register and reserve their seat at http://loandeal.eventbrite.com or call (408) 834-7550.
Loan Deal Inc. employs a program called, Helping Hurting HomeownersSM to quickly get troubled mortgage holdersâ case in front of banksâ âloss mitigation departments,â bank departments that are set up to deal with loan professionals presenting cases for loan modifications. The program calls on several years of experience and a set of proven approaches that compel banks to make proposals that can help homeowners. The Helping Hurting HomeownersSM program designed by the company focuses on quickly packaging the homeownersâ special circumstances and getting bank responses that can lead to improved financial terms.
âWe are delighted to offer this new series of seminars to homeowners that may be feeling the stress and anxiety of changing home mortgage conditions,â remarked Cary Silberman, J.D., adjunct law professor, and President and CEO of Loan Deal Inc. âThe Helping Hurting HomeownersSM program addresses an urgent need among many of our neighbors and friends who find themselves in difficult circumstances with their current home mortgages. We intend to help these homeowners understand their options and provide answers to their questions on how best to deal with their difficult home mortgage situations.â
âTodayâs environment for home owners is extremely difficult, especially with mortgages secured in recent years that have adjusting interest rates, leading to rising monthly payments that often push homeownersâ expenses above their current income. Loan Deal has learned the ways that banks are dealing with these situations, and has a growing list of success stories of homeowners who have improved their situation substantially and are able to stay in their homes.â
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