Phoenix Mortgage Stabilization, L.L.C.  "Coming out of the ashes to a fresh, new start!"

Regulatory Compliance Evaluation (R.C.E)

Our Regulatory Compliance Evaluation is a critical tool for your attorney to use in representing your interests when dealing with your lender.

• Approx. 98% or more of all evaluations reveal violations in RESPA (Real Estate and Settlement Procedures Act), Predatory Lending, TILA (Truth in Lending Act) and Real Estate/ Mortgage Fraud.  

• An over charge of 1/8 to 1% higher annual percentage rate (APR) than originally disclosed may be a violation of the Truth in Lending Act.

A Regulatory Compliance Evaluation gives your attorney the ammunition he or she needs in order to reveal lending violations in your loan documentation, while building a legal case against your lender so you can receive relief from your mortgage nightmare, even if you have lost your home! 

An evaluation provides you with enough ammunition to go in and fight your own fight, but we wish you much success, that is why we are willing to refer you to great resources so you can go through the process so you do not have to feel like you are on your own, along with expert witnesses who will to testify in court, free of charge, if necessary. Our simple steps in a comprehensive and advanced evaluation on your loans is "really" second to none.  A team of evaluation experts perform detailed and thorough attention in identifying errors and problems that software and others auditors tend to miss.

Principle Reduction Program

Trapped in an upside down mortgage with no other option? Upside down and a loan mod just doesn’t work? Upside down with zero equity and therefore cannot qualify for a loan mod and don’t want the deficiency liability of a short sell? Consider where there is a legitimate option to reduce principal and payment to either stay in your home or to walk away without having to short sell. This safe program provides the options without risk of ever being taken off title, damaging your credit or creating tax liabilities. If you fit the parameters of this program, this may be the solution you have been seeking.

A multi-billion dollar hedge fund negotiates the discounted purchase of  current and delinquent notes directly from the major lenders leaving the homeowner a new principal balance on the original loan of 90% of current appraised value.  (Call now to get stated)

This is a program that involves the discounted purchase of targeted mortgage notes from the major lenders by a specialized company that has the backing of a huge hedge fund. This is just substituting the lender and the loan servicer—the homeowner never comes off title. It works 99% percent of the time as long as the borrower meets the following qualifications:

    Details:

A private company that has been buying targeted notes from lenders since 2004, is now using the clout and financial backing of a multi-billion dollar hedge fund to take this program nationwide. The goal is to help the American homeowners, who are upside down on the mortgages, to get right side up by purchasing both good and bad notes from the major lenders at a discount and passing the reduction onto to the borrowers.

1)  Principal reduction  to 90% of current market value

2)  30 year fixed loan program

3)  Low fixed interest rates

4)  Monthly  Mortgage Payment reduced by 25%-50%

5)  No Credit score needed to qualify

6)  60-90 day turnaround time

7)  Never lose Title/Ownership of your home

8)  Not a lease option program

9)  No tax repercussion

*Since the loss is a voluntary write off by the current mortgage company the homeowner will not have any negative impact nor adjustments to their credit profile.

Why would lenders sell?

Financing options:

After the successful purchase of the note, there are a few financing options.

1)     On a conventional loan, if your FICO score is 700 and above, they may put you into a 3rd party mortgage lender at competitive rates on 30 year note.

2)  The hedge fund will carry back the note on a 30 year fixed at 3pts over Prime (currently 3.25%)

Short Sell Avoidance option:

Since the company and hedge fund do not want to own homes, nor do they want to foreclose, they want to be sure that the borrower has the ability to pay the new payments.  If you cannot financially qualify for this loan and you want to just walk away from the home with no strings attached or potential deficiency liability, there is another option.

The Numbers:

Once we have completed the process, we will refinance the note back to the client at 90% of the current market value. Assuming the 1^st mortgage is $500K and the current market appraisal comes in at $350K, the new principal balance would be reduced to $315K. The new payment would around $1.940 not including taxes and insurance (impounds).   (Call for more details)

Short Sale

Investor Purchase/Re-Purchase Program

Securitization Evaluation/Expert Witness Testimonies

An expert or expert witness is a competent third party introduced to the matter for which parties are in a dispute.  We arrange your initial phone interviews with an expert candidate, and follow up to ensure your satisfaction.  If your expert criteria changes or you need someone other than an expert we first refer, we can offer additional experts in the original field you have requested, or in different specialties.

Attorney Support/Referrals (Single/Multi Jurisdiction