Costa Mesa, CA (PressExposure) February 03, 2009 -- As the foreclosure crisis in reaches epic proportions, the nationâs leading provider of legal loan modifications and loan workout services, the Parsa Law Group and its marketing arm, the National Loan Modification Center, have tripled the size of their operation in the month of January with an additional 4 attorneys, 40 support staff and over 10,000 square feet of office space.
The Parsa Law Group provides professional legal representation for those wishing to renegotiate an existing mortgage with their lender. The ultimate goal of the service is to avoid foreclosure and keep people in their home. The on-site team of attorneys and staff has helped thousands of homeowners who are facing financial hardship, have a mortgage that is upside down, or are stuck with an ARM/Interest-only mortgage they can no longer afford by stopping foreclosure, reducing their monthly mortgage payments, adjusting the principal on their mortgage, working out a modified loan with a lower fixed interest rate, and getting any missed mortgage payments tacked on to the end of their loan.
âFor me this is a mission to help as many homeowners as possible stay in their homes. Itâs such a shame when we see so many people that were taken advantage of with loans that were not explained to them fully or when you have someone that is about to lose their house and entire lifeâs savings because someone lied to them outright, or because they lost their job, or are simply going through rough financial times like so many other Americans. With the banks out to save themselves with billions in bonuses, and refusing to free up credit markets with the bailout money, a line has clearly been drawn, and we have chosen to be on the side of struggling homeowners.â said James Parsa, Lead Attorney at the Parsa Law Group / National Loan Modification Center.
"Itâs been a quite challenge to keep up with the explosive growth of this area of our business,â says Mike Ponzillo, Director of Operations at the Parsa Law Group / National Loan Modification Center âwe are literally hiring people every week because the calls keep coming in and every single case we negotiate with a lender requires a huge commitment of staff hours and resources on our end.â
Kelly Sneed, Marketing Manager at the National Loan Modification Center, said âSince we started this service it has been an ongoing effort from a marketing standpoint to get the word out about Loan Modifications as an alternative to foreclosure. A few months ago people didnât know what a Loan Modification or a Loan Workout was, or how it could help them save their home.â
The Parsa Law Group together with its marketing arm, the National Loan Modification Center, is the Nationâs Leading Legal Loan Modification Provider, with thousands of homes saved. With an on-site team of attorneys and professionals that fight to save homes from foreclosure, reduce mortgage payments, and hold lenders accountable for unfair or fraudulent loans, the Parsa Law Group is the staunch legal ally that struggling homeowners need in these difficult times.
CONTACT: Kelly Sneed, 800-305-0555 kelly ( @ ) parsalawgroup dot com