Quote from the LA Times/TransUnion article from August of 2009:

“…Mortgage delinquencies expected to rise through 2009. 

TransUnion expects the percentage of home loans that are at least 60 days late or are in foreclosure to skyrocket to more than 14% by year-end.” 

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There is virtually untapped $698 Billion Dollar (YES - $698,000,000,000) industry needing your help.  While the government is closing thousands of those “less-than-ethical” mortgage modification companies – Homeowners are left alone to face the lenders without any services to help them PROVE they qualify for the LOWEST MODIFIED PAYMENT. 

And here is why…

ALL  LENDERS  ARE  HIDING  A

DIRTY  MODIFICATION  SECRET:

When BofA, Wells Fargo, Chase, etc lowers a homeowners mortgage payment by $800 – It doesn’t actually “cost” them $800 – They receive a subsidy from the US Treasury.  Every lender is required to complete the exact same Federally Certified Lender Subsidy Spreadsheet  (FCLSS) – To collect the lenders portion of the federal subsidy and supply all the other required supporting documentation. 

Lenders are NEVER going to voluntarily tell homeowners what the homeowners lowest modified payment options are.  The lender is ALWAYS going to act in their own best interest – And expects to only pass along the minimum modification terms.  ( ONLY the subsidy amount.)   So if a homeowner actually qualifies for an $800 payment reduction – And the lenders subsidy is $450 – The lender will AVOID REDUCING CASH FLOW – AND ALWAYS just offer the $450 reduction.

NOT  SO  FAST  LENDER…!!

By giving homeowners access to the exact same Federally Certified Subsidy Spreadsheet – PROVING the homeowner qualifies for the LOWEST MODIFIED PAYMENT  –  And by delivering the homeowners a fully documented, “Ready-For-Approval” case file – You help create the same pressure the US Treasury is applying to the lenders – Forcing the lenders to approve the LOWEST MODIFIED PAYMENT.   (Click here for link to news article:  http://miamiherald.com/business/real-estate/story/1170803.html )

HOMEOWNERS  DESERVE “PEACE-OF-MIND” –

HOW  ABOUT A 100% MONEY BACK GUARANTEE….!?!?!

More on the 100% Money Back Guarantee in a minute – First let’s discuss HOW the service works – And most importantly WHY it is forcing these lender’s approvals…

In preparing the homeowners Federally Certified Lender Subsidy Spreadsheet  (FCLSS) – 63 to 71 variables in eight different sections need to be downloaded, calculated, and inputted into the homeowner’s modification spreadsheet.  

The first section is calculated on the current and future value of the home.  We arrive at the current value by an average of three AVM’s (Automated Valuation Models). 

Okay – Let’s say the current value of the home is $400,000.   Now we are required to determine the market for the home – So we access all the current listings for sale within 1.5 miles.  We need to find out how many are “traditional” listings – People just trying to sell their homes.  We need to find out how many are “short-sale” listings – People trying to sell their homes for less than what they owe.  And we need to find out how many are “bank-owned” properties – Homes that have already been foreclosed.

Once we have that data – We are now required to calculate the “sale price difference” between those three listing types.  Typically “bank-owned” properties sell for less than “short-sale” listings – Which usually sell for less than “traditional” listings.  We calculate what the actual price differences are.  That gives us variables which need to be inputted.

The third section is calculated to determine the “time-to-sale” difference between those three types of listings.  Typically “bank-owned” sell the fastest – Maybe 6mo in your area.  “Traditional” listings take the longest – Maybe 10mo in your area.  With “short-sales” usually somewhere in the middle. 

Now we are required to find out how many homeowners within 1.5 miles of the home are 30, 60, 90, and 120 late on their mortgage payments.  And how many other homeowners are already in the foreclosure process.

The reason we need all this additional information is simple.  If there are 22 area homeowners who will most likely be going into foreclosure in the next 6mos – Those extra “bank-owned” or “short-sale” properties are certainly not going to help that  $400,000 value – IN FACT it will force the value even lower by flooding the market with more short sales and lender-owned properties. 

These first four calculations determine the “future” value of the home if the lender was to foreclose on the home.

WHO  ELSE  HAS  MODIFIED  THEIR  MORTGAGE…!?!?

For the fifth calculation we access modification histories within 1.5 miles of the home.  How many homeowners have modified their mortgages?  And how many have defaulted on those modifications – Meaning they couldn’t stay current in spite of the lowered payments.  And how many months did it take for them to default.  ( 34  neighbors modified their mortgages and 11 defaulted on those payments – And the average of the modification defaults is 7 mos. )

This determines the “modification risk” in the homeowner’s area.

The next calculations focuses on how many of the lender’s clients are late on payments – Or have “short-sale” listings – And how many “bank-owned” properties is the lender currently trying to sell in the area?  How many of the lender’s clients have already modified their mortgages – And how many of those clients have defaulted – And how many months on average before those clients defaulted?

This calculation determines the lenders “market exposure”.

Finally – The seventh and eighth calculations determine the homeowners qualifying levels based on their monthly income and expense situations.

99%  OF  ALL  MODIFICATION  COMPANIES  “SKIP”  THE  CRITICAL  STEPS  ONE  THROUGH  SIX…!!

Most lenders have loss mitigation / modification departments staffed with over-worked $10 to $13hr clerks – And they are expected to move 25 to 30 files every day.  Common sense tells you these over-worked clerks DO NOT spend extra time on “failed” files by going back through them – Re-downloading, re-calculating, and re-inputting all 63 to 71 variables if the modification case file comes up as a “FAIL”.  Honest mistakes do happen – But the clerk will never catch them if they don’t have a third party prepared Federally Certified Subsidy Spreadsheet in front of them as a comparison.

Per certification guidelines this option does not allow us to act on the homeowners behalf – Meaning we cannot initiate contact with the lender.  (We are limited to acting WITH the homeowner – Not FOR the homeowner.)  We can however participate in conference calls or three-way calls with lenders during the modification process.  We can even assist in negotiations for those rare occasions when the lender makes a lower offer than the maximum payment reduction.

Lender’s usually call asking why the homeowner “passed” on the third party spreadsheet – But “failed” on the spreadsheet prepared by the lender.  The lenders’ most common mistakes are income calculations, monthly expense calculations, loan information, and property information. 

Homeowner’s success rates allow you to pass on an exclusive “piece-of-mind” benefit – Giving your clients the security of a 100% money back guarantee.  Even after we have paid for the downloads and invested time preparing the homeowners modification case file - If your client doesn’t qualify per US Treasury guidelines – They receive an immediate 100% refund – No questions asked…

HOW  DOES  THE 

MODIFICATION PROCESS 

WORK – WHAT  DO  I  DO…?

Your ABA partnership with NaMoEx makes it simple to generate and process your clients’ modification case files:

1)     Turn-key Marketing:  You are supported with a complete proven marketing system – Using free and low-cost methods to literally drive hundreds of clients to you every month.   Many successful ABA partners spend ZERO MONEY on marketing expenses..!!

2)    Pre-Qualification:  In a just few seconds – You will easily determine if a potential client has a reasonable chance of qualifying under either Federal modification program.  Your NaMoEx “QuickQualifier” is very easy to use…!!

3)    Starting Case Files:  Once your client has decided to move forward – You just point them to your check-out page at NaMoEx.com – And our ABA Partnership support teams collect all documentation required.  You generate clients – We handle everything else…!!

4)    Analysis:  As covered earlier – Your team of mortgage experts now downloads, calculates, and inputs the 63 to 71 variables to determine your clients best modification options.  All case files are triple-checked for accuracy…!!

5)    Structuring Case Files:  Depending on your clients lender – Your clients case file will be structured to the lenders criteria.  (Some lenders forms they require which are unique and specific to that particular lender.)  Your client’s case file is fully documented and supported with all federally required data feeds…!!

6)    Presentation:  Within 72hrs – Your client’s fully prepared “Ready-For-Approval” Federally Certified modification case file is ready for submission to the lender !!

MUCH  WILL 

IT  COST  MY  CLIENTS…??

We have all heard of “firms” overcharging $3,000 - $4,000 - $5,000 – And even more for a much less effective service WITHOUT A GUARANTEE…

Your client’s maximum flat-fee is $1,297 – (As an approved ABA Partner– You are allowed to set your own price for this high value service.   Minimum and maximum pricing is covered in your ABA Partnership Agreement.)

Hundreds of homeowners find us online every month – And many more are referred to us through our ABA partners (Affiliated Business Agreement) –

And they all invest a maximum of $1,297 to receive their fully documented, “Ready-For-Approval” Federally Certified Modification Case File – Including their subsidy spreadsheet analysis PROVING they qualify for the MAXIMUM modification at the LOWEST MODIFIED PAYMENT.

HOW  DO  WE  GET  STARTED…??

Simply click here ( http://namoex.com/contactus.html ) to request your ABA Partner information. 

BONUS  PROGRAM: 

BUILD  YOUR  MODIFICATION TEAM  AND  GET  PAID

  OVER-RIDES ON EVERY  FILE…!!

Preview your ABA Partner information for more details on how easily others are generating an extra $1,500 - $2,000 - $3,500 per month – Just working a few extra minutes a week…  ( PLUS we supply you with your proven marketing materials AND where to post them for FREE – Generating Hundreds Of Clients Per Month..!! )

As a “Level-One” Affiliate Partner – You earn $700 per case file.  PLUS ++ You earn additional over-rides based on your teams growth and production.  (Per Federal guidelines only four levels are allowed.  Specific qualifications and minimums apply for levels two, three, and four.  */** Review your ABA Partnership agreement for details.)

THE  OVER-RIDE  RECORD

  WAS  $7,975  IN  ONE  MONTH  - 

UNTIL  IT  WAS  BROKEN  IN  AUGUST -  $10,850 !!

Most Common Questions

Asked By ABA Partners…

Q:  Can we use this program to prepare our own modification case file?

YES !!  Most of our ABA Partners started as clients…!! 

You could simply pay the minimum file fee  – And receive the same exact fully documented, “Ready-For-Approval” Federally Certified Modification Case File…

Once you prove to YOURSELF how powerful this service is – You will most likely join the ranks of our rapidly successful ABA Partners who simply can’t wait to use our proven marketing program to share this modifications service with other homeowners… 

(Be sure to include you may use this program to prepare your own case file when requesting your ABA Partner information.  Additional disclosures are required per Federal certification guidelines.)

Q:  Do we have to spend a lot of money on marketing?

NO !!  The most rapidly successful ABA Partners DO NOT try to re-invent the wheel. 

You are supported with a complete proven marketing system – Using free and low-cost methods to literally drive hundreds of clients to you every month.   Many successful ABA partners spend ZERO MONEY on marketing expenses..!!  (Did you know it costs less than $5.00 a month for an affiliate eBay sales listing – Which reaches millions of potential clients…?!?!?!) 

Q:  So what’s the big deal?  Your service uses the federal “Net-Present-Value” spreadsheet.  I can download a version of it from the FDIC website…

The non-certified public version of the spreadsheet available on the FDIC website by itself is NOT valuable.  All you can do with the public version of the FDIC ‘NPV” spreadsheet is “guess” what modification options “might” have been available back in June of 2008.  (16 updates since then with the last update on September 18^th, 2009)

Only by meeting the Federal Certification criteria – And gaining access to the certified “NPV” version continuously updated with changing lender subsidies and required data feeds – Can you PROVE your clients qualify for the LOWEST MODIFIED PAYMENT…

Q:  If your program is so great why allow other people to use it?  / Why not make all the money yourself and keep the over-rides?

We do.  We generate hundreds of our own retail-direct clients.  But this program is about much more than just commissions and over-rides.

By partnering with select ABA Partners and allowing access to the NaMoEx modification service – Tens of thousands more homeowners can be helped every year.  Those homeowners would have settled for just the lenders subsidy reductions – Or worse – Been taken advantage of by those less-than-ethical modification “firms”.

DO  NOT  GET  THE  WRONG  IDEA  ABOUT  YOUR  NaMoEx SUPPORT  TEAM...

We do not have a red-cross on our shirts and expect to work for free.  We take great pride in delivering the Absolute Best Modification Case File Service available anywhere – At the Lowest Investment – Backed by an Exclusive “Peace-Of-Mind” 100% Money Backed Guarantee. 

We are also VERY proud to earn HUGE paychecks in the process…

Most Common Questions Asked By Clients of ABA Partners…

Q:  Our lender sent a letter / We read an article / Saw a news report saying we should avoid modification scam artists….

The lender is correct – To a point.  All lenders will tell you NOT to consult with ANY modification firms. 

We would all like to believe the lenders are just being helpful – And we both know there are plenty of fly-by-night modification “firms” out there who will tell your clients anything they want to hear – Just to scam the money and run. 

( Most modification “firms” are typically just salespeople acting under out-of-state attorney licenses.  But let’s leave the whole “over-charging struggling homeowners” moral and ethics debate for another time…)

And now we want you to think from the lenders point of view….

If you were the lender – Wouldn’t you want EVERY homeowner to settle for just the subsidy reduction…?   If you were the lender – Wouldn’t you want to keep the ACTUAL LOWEST MODIFIED PAYMENT amounts secret?

So while we might agree with those warnings – NaMoEx is the ONLY modification service provider offering:

·         Your clients are protected with an Exclusive 100% Money Back Guarantee

·         A complete turn-key “Ready-For-Approval” Modification Case File

·         Including a Federally Certified Subsidy Spreadsheet Analysis

·         PROVING your clients qualify for the absolute LOWEST MODIFIED PAYMENT

Q:  I am / My spouse is self-employed  - Will we qualify…?

The updated US Treasury Guidelines NOW allow for “Profit & Loss” and/or “Income & Expense” statements to be used by those homeowners who are self employed.  ( We will prepare these items for your client using their year-to-date personal/business checking account statements for an additional $250 administrative fee…)

Q:  I tried to apply / I have applied – And was turned down / Never heard a response….

Most clients have usually originally used one of two methods:

1)     I applied myself / Used a Do-It-Yourself guide...      

It’s highly probable your client was simply another victim of an honest input mistake as we talked about earlier.  It’s possible their lender does not want to allow ANY modifications unless you can PROVE they qualify.  Or maybe they applied before the last two Federal modification guideline updates – Which  allow them to qualify NOW…

2)    I paid $3000 to an attorney...   

Since those other “firms” obviously do not properly prepare case files by PROVING homeowners are qualified per US Treasury modification guidelines by submitting your Federally Certified Subsidy Spreadsheet analysis – The “firm”  was probably using the hope-and-pray method of slapping 100 files against the wall and seeing which two stuck…

Your ABA partnership with NaMoEx modification service Eliminates Those Issues. 

The Good News About Being Turned Down…!?!?

IF the lender had approved the hope-and-pray modification request – The lender would have only offered the minimum subsidy reduction anyway.  You can help those same homeowners receive the absolute LOWEST MODIFIED PAYMENT NOW…!!

WE  ARE  ALMOST 

TO  THE  END  - 

JUST  A  FEW  MORE  PARAGRAPHS…!!

Q:  I haven’t missed any payments – I heard I won’t qualify…

The updated US Treasury Guidelines NOW allow homeowners with perfect payment histories to be approved for modifications under one or more of three “hardship” rules.

Please read carefully to determine if any of these apply to your client:

1)     20% Reduction In Income.

If your household income has been reduced by 20% or more from the time your current mortgage was issued – You may qualify.   ( According to your mortgage application your household income was $100,000 and now it is less than $80,000…)

2)     20% Increase In Monthly Expenses.

If your household expenses have increased by 20% or more from the time your current mortgage was issued – You may qualify.   ( Since your mortgage application you have had a child/your credit card payments/HOA payments/Property tax/ etc payments have increased so your TOTAL monthly expenses are 20% higher…)

3)     Assets Used As Supplemental Income.

If you have accessed additional assets/debt to compensate for your monthly expenses – You may qualify.  ( Your household income is $100,000 per year and you have had to access additional assets/debt to “stay even” with your expenses.  (Withdrawals from retirement accounts, charged living expenses on credit cards, accessed home equity lines, etc…)

Q:  What does  “Certified” mean?

To become certified (Gain access to “certified” spreadsheets and data feeds) requires four different qualifications:

1)    Complete background check of the core business and all senior partners and/or management.  This includes dual investigations and auditing – Into licensing and requires a complete FASB Audits. (Financial Accounting Standards Boards)

2)     Completion of 163 hours of federally required education and training for the following Federal Core Courses with final exam scores over 95%:

A)    Agency And Ethics Codes Of Conduct  ( 42hrs / 100% )

B)   US Treasury Modification Guidelines  ( 94hrs / 98.4% )

C)   Federal RESPA, TILA, ECOA, FCRA, And Fraud Tracking  ( 27hrs / 100% )

3)     Posting of a $25,000 bond as assurance against any performance default, liability, or claim for which the named company may be held liable.

4)     Current and active E&O Insurance (Errors & Omissions) with $1,000,000 in coverage.

These stringent background, educational, and financial requirements keep 99.9% of modification companies from being able to deliver your clients best chance to receive approval for their LOWEST MODIFIED PAYMENTS. 

Those Other “Firms” Cannot

Deliver A Federally Certified Case File For Your Clients –

And YOU CAN…!!

When just five clients per month take advantage of the NaMoEx modification service – ( Out of the hundreds who respond... ) – You have earned $3,500…!!   Add in a few team members with five files each – And you have earned an additional $1,000…!!  Now starting multiplying your over-rides on multiple teams...!!

We will assist you on building your team and moving up to the higher levels – Adding team members easily adds an additional $2,500 to $5,000 or more in monthly over-rides…

Zip code areas are protected - So click or call us now to get started – And lock out you’re your competition..!!  Once approved – All ABA Partners are allowed to generate clients nationwide – EXCEPT for previously protected zip codes.

Thank you for time and interest.  Your teams of mortgage experts are standing by now – Ready to answer all your questions. 

Respectfully,

Danny Flucke Jr – Senior Partner

Nationwide Mortgage Experts / NaMoEx

Direct:  (714) 624-9479

Websites:  http://NationwideMortgageExperts.com   /  http://NaMoEx.com

Build Your Network On LinkedIn:  http://www.linkedin.com/in/DannyCFluckeJr

Build Your Network On Plaxo:  http://DannyCFluckeJr.myplaxo.com/

Build Your Network On Inman:  http://www.inman.com/user/22381

PS:  LIMITED  TIME  eBAY  OFFER  -  $97  START  UP…!!!

We know times are tough.  So click your "Buy-It-Now" link or call us now – And YOU Can Get Started - RIGHT NOW TODAY  - With Only A $97 Start-Up...!!

This limited time offer allows you to defer your remaining ABA Partnership initial fee of $500.00 to be paid out of your first approved case file.    If within 30 days you decide this business is not for you - Simply request an immediate 100% refund.  No questions asked.  (And you can keep the "Turn-Key" Marketing Program and all other proven business building strategies as our  "thank you" for giving our Modification Net-Branch a try...

Click "Buy-It-Now" or call us NOW…!!  (Offer will be cancelled without prior notice.)