Eric Reque

Fannie Mae Fico and Cashout out adjustments are tough. The lower the score, the higher the adjustments are. They are pricing themselves out of the market and only taking the cream of the crop. They are expecting FHA to pick up the slack for middle 600 customers, the problem is Mortgage Insurance. If you need professional help with your credit score. Use an attorney based service. A few hundred a month, will go a long way to getting a high credit score that is reflective of your true credit profile. Most people see 127 point increase. www.995Credit.com

www.MyMortgageIsUnderwater.com I talk to people everyday about their values and you would be suprised to know that when I get the actual appraisals back, They are still in denial. Even with hard evidence, its amazing. I would say most are realistic about the current environment.

I believe that the only way to do loan mods right now is with the assistance of an attorney. Any money collected is placed in a trust account in the name of the client. They do a forensic audit and they have the law on their side to legally come to a workable solution. Loan mods have been one sided because the lenders have been in the drivers seat laying out the terms. Legal representation will even the playing field and keep families in their homes. By the way, when challenged in court, 1 out of 4 lenders even have the original documents...makes me wonder what kind of paperwork nightmare the investors have. www.MyMortgageIsUnderwater.com