Clopton Capital Seeks to Network with Premier Real Estate Development Firms

Clopton Capital Seeks to Network with Premier Real Estate Development Firms

Chicago, IL (PRWEB) November 25, 2011

Clopton Capital is a semi truck financing provider and is located in Chicago, IL. They primarily focus on commercial mortgages, SBA loans and niche financing mechanisms such as gas station loans and owner operator financing. The founder of Clopton Capital is Jake Clopton and this press release is part of Clopton Capital’s consistent effort to remain involved with the public, namely their future clients. Clopton Capital can be contacted at CloptonCapital.com.

Clopton Capital is currently seeking networked relationships with successful real estate development firms. The firm is a commercial real estate loan provider that wants to arrange competitive and mutually beneficial commercial loan relationships with companies currently developing high end commercial and dense residential real estate projects. The advantages the firm is willing to provide to secure such loyalty includes discounted fees on their services and an increased efficiency in underwriting loans by having in-house credibility before a project is even presented by an existing client. “If I already have succeeded in proving you with a certain type of commercial loan once then it’s going to be much easier to provide financing for a similar project using a similar product the next time. You get the appropriate and trusted partnerships in place and you nurture them, this is how we intend to thrive”, said Jake Clopton, the founder of Clopton Capital.

Clopton Capital believes that they can offer better service and more competitive loan services to firms who currently source commercial capital on a case-by-case basis. “The transactional cost of constantly having to source commercial financing from new sources is bad business for both the provider of commercial loans and the user of them. “We can both benefit by creating loyal relationships with real estate developers”, said Matt Reed, an associate of the firm. To inquire about such a partnership with Clopton Capital, visit their website CloptonCapital.com and fill out the contact form.

Clopton Capital can be contacted at their website CloptonCapital.com or at 866.647.1650 during regular business hours central time. Their website contains more specific information about their commercial loans. Their website dedicated entirely to semi truck financing is SemiTruckSource.com.

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New York Resident Retains Score Optimization Systems? Credit Repair Services to Jump Credit Scores Over 100 Points for Home Loan Approval

New York Resident Retains Score Optimization Systems’ Credit Repair Services to Jump Credit Scores Over 100 Points for Home Loan Approval

Loan Approved

New York, New York (PRWEB) November 22, 2011

Jeff Hunt, a New York resident, was referred to S&S Private Capital’s credit Score Optimization Systems division by A Place Called Home Real Estate loan specialist, Kim Brunier when she was unable to get his loan approved based on the much stricter lending guidelines the banks have implemented. With the aid S.O.S. and its credit repair technology, A Place Called Home Real Estate was able to qualify Mr. Hunt for his home loan refinance saving him thousands of dollars in interest charges in the first year alone.

When Jeff was first referred to Score Optimization Systems, he had a mid score of 639, falling just short of the 640 threshold many lenders have set as their minimum FHA credit score requirement. Based on the strict guidelines lenders have turned to, Kim Brunier and her staff were unable to qualify him for his home loan refinance. “I could not believe one single point was keeping me from saving thousands of dollars on my current mortgage.” expressed Mr. Hunt. “S.O.S. not only pushed me above the 640 score requirement, but they increased all my scores above a 740 saving me thousands of dollars in interest making this the very best financial investment I could have ever made!”

S&S Private Capital, Inc. and its S.O.S. – Score Optimization Systems specializes in credit report repair and credit score optimization. In business since 1998, S&S Private Capital, Inc. has assisted more than 25,000 thousand clients like Mr. Hunt all across the country in obtaining their home loans and other financial goals. The credit consultants at S&S not only help their clients in removing negative items and optimizing their credit scores, but they also educate their clients in how to utilize their credit as a tool to obtain all of their financial goals while saving thousands of dollars each and every year in interest overcharges. “Having a great credit rating is the first step in achieving financial freedom and security, but understanding how to utilize your credit effectively is the key to a successful financial future.” stated Gene Schwalen, developer of Score Optimization Systems and CEO of S&S Private Capital Inc. More information about S.O.S. – Score Optimization Systems can be found at http://www.scoreoptimizationsystems.com.

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Related Mortgage Home Loans Press Releases

Multi-party Suit Filed by Borrowers Against Aurora Bank et al

Multi-party Suit Filed by Borrowers Against Aurora Bank et al

United Foreclosure Attorney Network

Roseville, California (PRWEB) November 11, 2011

On Tuesday October 25, 2011, United Foreclosure Attorney Network (UFAN) filed suit in Superior Court in Sacramento (case # 34-2011-00112919) on behalf of borrowers allegedly injured by the lending practices of Aurora Bank and others believed to have misled borrowers.

The complaint alleges that Aurora was one of the major players in a scheme to make fast, easy profits at the expense of proper mortgage underwriting procedures. By packing subprime loans into mortgage backed securities that were sold to investors, a bank could recoup the funds lent immediately. The suit argues that this process encouraged lenders and mortgage brokers to aggressively push high-cost subprime loans on anyone they could convince to sign on the dotted line.

According to court documents, plaintiffs argue that because of the sale of their loans, they did not receive the benefit of the contract for which they bargained. Plaintiffs, believing they would be placed into a traditional Lender/Borrower relationship, later found that they did not have a “lender” with whom they could deal. Servicers are limited in making changes to contracts when circumstances are unforeseeably changed. Furthermore, loan servicers have an incentive to foreclose whereas a lender has the incentive to modify a loan if it would be more profitable in the long run. If many of the homeowners were still in the traditional lender/borrower relationship, they could have restructured the mortgage for a more desirable result for both parties. In the current situation, the only entity profiting is the loan servicer. The complaint details how many Plaintiffs diligently sought modification of their loans but were denied either because the servicer had no authority to grant a modification or because the servicer chose not to grant a modification.    

Court documents show that Aurora is alleged to have used a variety of tactics to generate the highest amount of fees possible without regard to the injury it would cause borrowers. One tactic is “equity stripping,” which refers to making a loan based on home equity without regard to the borrower’s ability to pay. These loans are set up to fail and lead to subsequent foreclosure. Aurora is also accused of “flipping” which refers to encouraging frequent refinances by homeowners. Borrowers receive cash up front but do not realize that the fees added to their existing loan balance often exceed the amount of cash received – gradually increasing the amount owed over time. Unsophisticated borrowers are especially susceptible to these types of loans because lenders and brokers often use aggressive sales tactics and represent that they are the only type of loan available.

The complaint alleges that, in addition to harmful loan types, appraisers used by Aurora were encouraged to inflate property values in order to give borrowers higher loan amounts. The higher the loan amount, the more money Aurora was able to make on the sale of the loan to investors. It is argued that the bank incentivized appraisers to falsify property valuations in order to secure a higher loan to sell to investors. The complaint alleges that Plaintiffs borrowed excessively in reliance on inflated appraisals and other false statements.

The complaint further alleges that the ownership of Plaintiffs’ notes is unknown, thus questioning, among other things, Aurora’s right to enforce the notes. The complaint requests declaratory relief on several matters relating to the parties’ rights and duties under the contract.

UFAN has currently has lawsuits pending against Bank of America (case # 2:11-CV-02413) and Wells Fargo (case # 2:11-CV-02684) in Federal Court for the Eastern District of California, and against JP Morgan Chase (case # C-11-02390) in Superior Court of Contra Costa County on behalf of borrowers alleged to have been injured by these banks. UFAN will continue to fight for the rights of its clients.

ABOUT THE UNITED FORECLOSURE ATTORNEY NETWORK

UFAN Legal Group, PC dba United Foreclosure Attorney Network (UFAN) is a Roseville, California-based law firm providing bonding litigation and other debt related legal services. The dedicated attorneys and staff at UFAN work tirelessly to seek justice and fight for the rights of its clients. For more information call toll free 1-866-400-4242.

This release may am attorney advertisement. The information in this release and on the UFAN website (ufanlaw.com) is for worldwide information purposes but. Nothing in this release or on the UFAN website should be taken as sound advice. Prior successes are no guarantee of future performance. Litigation is inherently unsure and results in litigation are ne’er assured.

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, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.