Monthly Archives: March 2011

Borrowers are getting jailed?

Posted on 03/29/2011 by My Mortgage Loan Coach

I can not let this one go without commenting and bringing this case to EVERYONE’s attention. Charlie Engle (Marathon Man) was indicted, found guilty and sentenced to 21 months for mortgage fraud. He supposedly stated his income as higher than … Continue reading →

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Identity Theft

Posted on 03/28/2011 by My Mortgage Loan Coach

http://www.ftc.gov/bcp/edu/multimedia/video/idtheft/idtheft_embed.swf I came across this video and wanted to share this with my readers as it contains some very good information if you are ever in the position of having your identity STOLEN. According to the FTC 10 MILLION PEOPLE … Continue reading →

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Dr. Phil on OWN Network

Posted on 03/22/2011 by My Mortgage Loan Coach

Well today I have dedicated my day to getting my office reorganized and I put on the TV and there was Dr. Phil with a couple that was in huge financial crisis. So I listened to what was being said … Continue reading →

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FDIC seeking $3.57 BILLION from Former Bankers!

Posted on 03/20/2011 by My Mortgage Loan Coach

 In a statement, FDIC spokesman said the agency “will initiate lawsuits against former officers, directors and other professionals of failed institutions when the case has merit and is expected to be cost-effective.” As of March 15, the FDIC’s board had … Continue reading →

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Stress and the Mortgage Process

Posted on 03/18/2011 by My Mortgage Loan Coach

Lately I have been called by friends (and a few friends of friends) and asked about the mortgage process, what to expect, and what has changed. I have also received emails from people who have attended one of my seminars in the … Continue reading →

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Collection Phone Numbers

Posted on 03/14/2011 by My Mortgage Loan Coach

5 Star Bank Colorado SpringCO 888-277-0444 Abercrombie & Fitch – WFNNB San Antonio TX 866-807-9842 Academy Collection Service Philadelphia PA 800-220-0605 Account Solutions Group Buffalo NY 800-741-8860 Action Card Saint Louis MO 800-314-0181 Active Credit Services Portland OR 888-357-2131 Advanta … Continue reading →

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Loan Modification Scams

Posted on 03/10/2011 by My Mortgage Loan Coach

Here is a LINK to what the Federal Government has to say about these “Loan Modification” Companies. I know…These companies CLAIM to know the “IN’s and Out’s” of working with your Lenders, BUT if you want to know the TRUTH ( isn’t that … Continue reading →

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Bussiness Opportunity Fraud

Posted on 03/10/2011 by My Mortgage Loan Coach

This video explains some of the ways that people are out there who are trying to STEAL your money and SCAM you! http://www.ftc.gov/bcp/edu/resource/flash/video-player_400x335.swf

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FTC’s Money Matters Page

Posted on 03/10/2011 by My Mortgage Loan Coach

We can say what we want about our Government and I am sure we all hold our own opinions (not the topic of this post) But I am almost certain we can almost all agree that the FTC has some … Continue reading →

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Applying for a Loan Modification

Posted on 03/09/2011 by My Mortgage Loan Coach

Today I am going to give some practical information and some suggestions on Loan Modifications. Starting with the requirements of a Loan Modification. FIRST STEP In order to qualify for application  for a Loan Modification you will  need to answer YES … Continue reading →

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