Article by Raks Martin – Mortgage Refinance, Loan Modification & Bankruptcy Expert

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Answer by altruisticd
you should consult a BK attorney before you make a move but loan modification is a great tool… if it truly helps you. go for it.

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Glenn Melton, President of Professionals Invest USA Network

Scottsdale, Ariz. (PRWEB) May 01, 2012

The “2012 Invaluable Investor Study” conducted by Real Trends, Inc. and Personal Real Estate Investor Magazine, with polling by Harris Interactive, was released Friday, April 20. The study is supported by Professionals Invest USA Network, The Home Depot and other high profile real estate brands.

“The findings in this Study express the incessant need for real estate brokers and agents to embrace investors, rather than turning their backs on nearly 30 percent of today’s real estate industry,” states Glenn Melton, president of Professionals Invest USA Network.

Among the findings, the comprehensive study of residential real estate revealed that investors, while only 14% of the individual buyers/sellers, represent 28% of the units in the individual-family residential market.

Long maligned by the media, residential sales personnel, lenders and support services, this study details the investors’ profile: how many of these investors are in it for the long naming, buying and renting now with an eye toward acquiring the best coming return by selling at a later date, how a typical investor prefers to conduct business, what they need and want of support services, as well as the investors’ importance to the residential housing market now and in the later.

The residential real estate investment industry was worth $ 120 billion of the total $ 750 billion housing market in 2011 according to the Study, in addition to many more billions in lending, renovation/remodeling, commissions and former support services. The “2012 Invaluable Investor Study” measuring trends in this rising industry to prepare real estate brokers, agents and investors alike for opportunities in this growing arena. This study aligns with recent findings from the National Association of Realtors’® 2012 Investment and Vacation Home Buyers Survey which states 1.23 million properties were sold to investors endure year.

“We understand the importance for real estate brokers and agents to easily add a turnkey property investment segment to their business to stay relevant in our emerging industry,” states Glyn Morgan, chief executive officer of Professionals Realty Group USA. “Our Professionals Invest USA Network branch of the brand adds this value to our brokers’ business today and in the future.”

Additional findings include:

    83% of investors are Renter versus Resale Investors, but 65% of the Renter Investors plan to sell in the future when the market recovers.

    Investors have cash. 63% use cash or some combination of cash, hard money, or traditional lending. There is a $ 113 billion lending need in 2012 and growing.

    Investors have significant “skin in the game.” Typical loan-to-value ratios are below 66%.

    Investors are important for real estate sales, lender and other professionals as each investor represents 3 transactions in a typical year. General public buyers/sellers represent 1.7 transactions over 7-years (typical residence change/upgrade cycle). Investors are worth 21 transactions vs. only 3.4.

    Investors spend lots of money. Repairing, renovation and “making-ready” between renters. A total of over $ 9 billion a year.

    Among the aspects of business that the Renter Investor is dissatisfied with are managing investments personally; particularly finding the right property to buy (65%) financing (42%) and managing the process of getting a renter.

    Resale Investors are unhappy with the property acquisition (48%), and disposition process (39 %.) Things which are important and frustrating to traditional homebuyers/sellers: time on the market (73%), marketing the property (50%), being of sale (38%) and asking price to final sale price (31%) also affect investors.

    21,000,000 households are housed in single-family rental homes and less than four-door multifamily properties owned by individual Americans as investments. This asset base increases 5% per year. The majority of these individuals or family businesses do not define themselves as real estate investors.

    Investors purchase more than 1.2 million single-family dwellings intended as investments in 2011.

Andrew Waite, publisher of Personal Real Estate Investor Magazine resuming the state of thinking about investors and states: “Think of this industry as being like an iceberg where the visible 5% of investors are most well known as pitiable examples of “get-rich-quick” real estate investment education gurus, belated night infomercials and foul-mouthed TV “fix & flippers” speculating in houses. The reality is very different with at least 90% of this permeating investor separating being average Americans holding real estate assets for income not relating to this image, and quietly making money owning income property off the radar.”

For more information and/or for a copy of the study, contact Personal Real Estate Investor Magazine at http://www.personalrealestateinvestormag.com.

About Professionals Invest USA Network
Professionals Invest USA Network is a vetted network of highly qualified investment property providers that offer real estate investment opportunities in major cities across the United States. The network is a joint business entity of Professionals Realty Group USA and its sister-company, Australian-based Professionals Real Estate Group. Professionals has U.S. operators that buy and manage hundreds of properties and are incorporating them under the Professionals network in states such as Alabama, Arizona, North Carolina, Ohio, Florida, Nevada, Tennessee and Texas. For more information, visit http://prosinvestusa.com.

About REAL Trends, Inc.
Real Trends, Inc. is a communications and consulting company considered to be the stellar source of analysis and information on the residential brokerage and housing industry. REAL Trends is based in Denver, Colorado. With 23 years of continual growth, REAL Trends continues to provide real estate professionals with new and innovative resources on the latest industry slain and strategies into the future. They are see the expert in residential brokerage business, and publish both the Real Trends 500 (brokerage companies) and the Lore 1000 top sales professionals in the industry. http://www.realtrends.com

About Personal Real Estate Investor Magazine
Personal Real Estate Investor (PREI) Magazine is the lonesome independent paid newsstand and electronic magazine for successful individual real estate investors, inform homeowners, and inquisitive traditional investors.

PREI Magazine Mission? Help individuals find, make and salvaged money whether they are a do‐it‐yourself investor, informed homeowner or an investor who prefers professionally managed real estate investments. PREI Magazine provides clear and concise information, reexamine and insider advice. Checklists and how‐to’s to help readers on any budget attain savings and investment return goals. PREI Magazine helps readers find markets and opportunities, then earn the highest returns uncommitted on non‐traded or real estate related investments.

From sweeping single family dwellings, multifamily, and commercial properties, raw land to private placements, syndications and mortgage or equity based REITs ‐ anything that balances an individual investor portfolio of traded asset holdings with more stable non‐traded assets like real estate.

PREI Magazine is the only property investor magazine that has published regularly since founding in December 2003. It can be purchased at Barnes & Noble, choose airports and independent book stores, or by subscription. http://www.personalrealestateinvestormag.com
###

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Joe Collins, Director of Correspondent Lending, Guardian Mortgage Company

Plano, TX (PRWEB) April 25, 2012

Guardian Mortgage Company, a boutique local lender that is flourishing in this market environment, today announced that it is extending its highly regarded mortgage loan underwriting and servicing practices to community and smaller banks nationwide as a correspondent lender. The company has brought on Joseph “Joe” Collins, a well-known player in this market, to head up its new line of business out of Guardian’s Plano office.

In Correspondent Lending, an originating lender has the ability to provide financing to borrowers and the funds to do so, but does not want to keep the mortgage in their portfolio. The correspondent lender helps by buying the loan after it is closed. In recent years, the number of mortgage bankers offering this service has dropped dramatically, which provides an opportunity for Guardian Mortgage.

“We are a well-constituted and stable retail mortgage banker with high standards for loans and lent servicing,” said Mrs. Marcia Phillips, CEO, Guardian Mortgage Company. “This provides predictability and peace of mind to our community bank partner. They know that their borrowers will be well taken care of over the next 15-to-30 years.”

“Guardian Mortgage Company is unique among lenders that I’ve worked with in the past,” said Joe Collins, Director of Correspondent Lending, Guardian Mortgage Company. “Unlike many other correspondent lenders, they are concerned that the borrowers of their originating lenders get a good deal on the loan terms and a more personalized servicing relationship. Guardian lends “to-the-book,” which means there are very few overlays to drive up costs for the end borrower. Guardian can offer such low rates because they service their own loans. This means that the bank partner can offer low rates and excellent servicing to its customers.

“Many banks leaving the correspondent lending market in recent years because they had poor loan standards and were stuck with bad loans,” added Collins. “Guardian Mortgage has ane of the best portfolios in the industry with the low rate of bad loaned because it maintained its high standards through the heyday of “originative loans.” Its conservative approach in the past puts it in a strong competitive position today that will appeal greatly to community and other small banks.”

Collins has 30 years experience in the mortgage industry with more than 20 of them as an analogous lender working for such companies as TIB Mortgage, Washington Mutual, GE Capital Mortgage Services, and Nations Bank Mortgage among others. In addition, he has served as a past President of the Dallas Mortgage Bankers Association, Past Director of the Texas Mortgage Bankers Association (TMBA), and is still serving as the Chairman of TMBA’s Annual Convention Golf Tournament.

“We are delighted to have Joe on the team,” said Phillips. “His reputation, decades of mortgage experience and numerous successful relationships in the correspondent market mean that community bankers who serve with us can depend on a predictable and excellent experience.”

In addition, the company denoted that Carter Glass has joined the company as a compliance officer in its Correspondent Lending Division. Carter has five years experience working for EverBank, TIB and Nationstar Mortgage.

See the company’s press room for Joe Collins’ photo and biography. http://bited.ly/GuardianPressRoom

About Guardian Mortgage

Headquartered in Richardson, Texas, Guardian Mortgage Company, Inc. has been in the mortgage imparted and serviced business since 1965. An independently owned and managed company, Guardian specializes in origination and servicing residential mortgages. Guardian has almost $ 2.5 billion dollars in its serviced portfolio – which translates to over 17,000 current satisfied customers. In addition to offices in Plano, Richardson and Arlington, Texas, it also has offices in Grand Blanc, Mich. Find more information at http://bit.ly/GuardianPressRoom.

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Answer by bbwebpuppy
Underwriting is the process where a person at the lender goes about matching up all the qualifying documents, like your W-2′s, credit report, appraisal, bank statements, employment verification, etc. to the loan guidelines. Once they are certain that the signed info you supplied is true and fill it in with everything the lender needs to verify to be sure you can pay the loan back, they will fund your loan.

Give your answer to this question below!

New York, NY (PRWEB) April 16, 2012

Institutional Investor magazine announces its award winners in the 3rd annual U.S. Investment Management Awards.

All of this year’s winners will be honored and awarded at a dinner and ceremony on Monday, May 14, 2012, at the Mandarin Oriental in New York City. usinvestmentawards.com

Money Manager of the Year
Bennett Goodman, Senior Managing Director
of Blackstone Group and a Founder of GSO Capital Partners

Outstanding Contribution
Joshua Gotbaum, Director,
Pension Benefit Guaranty Corp.

Money Management Lifetime Achievement
Daniel Fuss, Vice-Chairman,
Loomis, Sayles & Co.

Institutional Investor Award Categories and Winners

Large Public Fund Manager of the Year
Lawrence Schloss,
Deputy Comptroller for Pensions and CIO,
Bureau of Asset Management, New York City Retirement Systems

Small Public Fund Manager of the Year
Lee Partridge,
CIO of Salient Partners and Portfolio Strategist of San Diego County Employees Retirement System

Large Endowment Manager of the Year
Donald Lindsey,
CIO,
George Washington University

Small Endowment Manager of the Year
Sean Gissal,
CIO,
Marquette University

Large Foundation Manager of the Year
Robert Manilla,
CIO,
Kresge Foundation

Small Foundation Manager of the Year
Conrad Freund,
COO,
LA84 Foundation

Large Corporate Pension Plan Manager of the Year
Douglas Brown,
CIO,
Exelon Corporation

Small Corporate Pension Plan Manager of the Year
Mike Chang,
Director of Treasury Operations,
American Honda Motor Co.

Investment Manager Award Categories and Winners

Equity Strategies Winners

Large-Cap Core Equity
GMO

Large-Cap Growth Equity
J.P. Morgan Asset Management

Large-Cap Value Equity
Dodge & Cox

Mid-Cap Core Equity
Champlain Investment Partners

Mid-Cap Growth Equity
Baron Capital

Mid-Cap Value Equity
Artisan Partners

Small-Cap Core Equity
AllianceBernstein

Small-Cap Growth Equity
T. Rowe Price Associates

Small-Cap Value Equity
Neuberger Berman

Equity Indexer
Vanguard Group

Fixed-Income Strategies Winners

Cash Management & Short-Term Fixed Income
Payden & Rygel

U.S. Fixed-Income Core Plus
Prudential Fixed Income

U.S. Fixed-Income Core
PIMCO

U.S. Fixed-Income Corporate
Loomis, Sayles & Co.

U.S. Fixed-Income Government
Wells Capital Management

U.S. Fixed-Income High Yield
Loomis, Sayles & Co.

U.S. Fixed-Income Investment Grade
PIMCO

U.S. Fixed-Income Mortgage-Backed
BlackRock

U.S. Fixed-Income Municipal
Western Asset Management Co.

Fixed-Income Indexer
Vanguard Group

International Strategies Winners

Global Equity
Epoch Investment Partners

Non-U.S. Equity Growth (excluding emerging marketed)
Artisan Partners

Non-U.S. Equity Value (excluding emerging markets)
Mondrian Investment Partners

Emerging Markets Equity
Lazard Asset Management

Global Fixed Income
Brandywine Global Investment Management

Non-U.S. Fixed Income (including emerging markets)
PIMCO

Alternatives and Other Strategies Winners

Commodities & Energy
State Street Global Advisors

Exchange-Traded Fund
BlackRock

Hedge Fund
Bridgewater Associates

Infrastructure
J.P. Morgan Asset Management

Mutual Fund Company
Vanguard Group

Private Equity
Blackstone Group

Real Estate Investment Trust
Cohen & Steers

Venture Capital
Sequoia Capital

Please visit the awards website for additional information: usinvestmentawards.com

About Institutional Investor magazine
Now in its fifth decade, Institutional Investor has consistently distinguished itself among the world’s foremost financial publications with groundbreaking journalism and incisive writing that provides “must read” intelligence for a global audience. This award-winning magazine is essential reading for the world’s leading financiers, corporate executives and government officials, who rely on the breadth and depth of coverage that have made Institutional Investor such a premier publication. institutionalinvestor.com

About the U.S. Investment Management Awards
Institutional Investor magazine’s U.S. Investment Management Awards recognize U.S. institutional investors whose innovative strategies and fiduciary savvy resulted in impressive returns over the past year, as well as U.S. money managers in more than 30 asset classes and strategies who stood out in the eyes of the investor community for their exceptional performance, risk management and service. Investor award winners were chosen by the editorial staff of Institutional Investor magazine based on their market intelligence, performance data and additional information received from the industry following a public call for nominations. Manager winners were selected by the editors of the magazine based on the results of a survey of U.S. institutional investors. usinvestmentawards.com

©Copyright 1997-

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

Find More Mortgages Press Releases

Answer by chatsplas
Do it yourself. Most of the companies are scammers, take money and don’t achieve anything you couldn’t achieve yourself, and frequently achieve nothing at all. The companies collect up front money from the borrowers.Call you lender and holding calling and asking about loan modification. Ask about how they are implementing Help for Homeowners. Persist.Most loan modifications are only a reduction of interest rates or a change from ARM to Fixed rate loan.

Give your answer to this question below!

Answer by TONY S
You would have a difficult time finding a bank to mortgage the property, I would think.Sounds pretty tricky.

Add your own answer in the comments!

Question by : How does trading a car affect the outcome of a home loan?
I want to know if its a bad idea to trade in my $ 11k car for an equal value truck. I am going to be buying a home in about 4 months, and i don’t want the trade to mess up anything with the home loan.If its bad before the home loan, what about after the home loan is completed? I know it would be best to just keep the car, but i need a truck.

Best answer:

Answer by cork
IF YOU NEED A TRUCK.. DO IT.A HOME LOAN WON’T BE MADE OR BROKEN ON SUCH.YOUR CREDIT IS STABLE OR NOT….

What do you think? Answer below!

Austin, TX (PRWEB) March 15, 2012

Wincor Nixdorf, one of the world’s leading providers of IT solutions and services to retail businesses and retail banks today announced Synovus Financial Corp., a $ 27 billion financial services company headquartered in Columbus, Ga., has selected Wincor Nixdorf as their strategic partner for the deployment of innovative self-service technology throughout their branch network in Georgia, Alabama, South Carolina, Florida and Tennessee. Synovus will upgrade their ATM network with 200 of Wincor Nixdorf’s newest suite of CINEO Intelligent Deposit ATMs including multiple software solutions from its multi-vendor ProClassic software suite.

The CINEO lobby, through-the-wall and drive-up ATMs will deliver a personalized service across all self-service and branch delivery channels, and has robust and secure functionality Synovus customers can trust now and in the future. Roll out of the advanced ATMs will begin in August, with Wincor Nixdorf providing installation services, first and second line maintenance for seven years.

“We are excite to offer our customers this enhanced 24-7 carrying for transacting their banking business,” saying Kessel Stelling, Chairman and CEO of Synovus. “This upgrade signals another important step in our efforts to provide best-in-class technology that empowers our customers to interact with us whenever, wherever, and however they prefer. Our new partner’s technology also gives us the flexibility to develop additional ways for our ATMs to deliver a more visceral and consistent customer experience. We will keep to make investments in the products and tool that provide an exceptional level of service to customers across our footprint.”

To ensure seamless serve, Synovus will upgrade their ATM platform with Wincor Nixdorf’s award-winning multi-vendor software. Pioneers in the field and a global leader in multi-vendor deployments with over 165,000 terminals in 65 countries running on the platform; Wincor Nixdorf offers Synovus the advantage of meliorated functionality and increased flexibility which will deliver reduced costs for network updates and a more efficient ATM network for Synovus. To manage its ATM network most efficiently, the company has also selected Wincor Nixdorf’s ProView remote monitoring software. In addition, ProView Incident Manager will allow Synovus to build an assisting desk for managing its ATM network and maintaining consistently high availability of its self-serve fleet.

To ensure every transaction is secure and compliant, the CINEO ATMs will include security solutions including PC/E Terminal Security, Remote Key Loading and Wincor Nixdorf’s latest anti-skimming technology. Wincor Nixdorf was the first vendor to offer protection against skimming attacks in 2003.

“We’re pleased that Synovus, one of the largest community banks in the Southeast, recognizes Wincor Nixdorf as the innovative leader in the industry,” said Oliver Weber, CEO of Wincor Nixdorf Inc. “They are truly transforming the branch banking experience. Our partnership will enable the bank to realize efficiencies and optimization that will ultimately enable them to deliver enhanced services for many years into the future.”

The partnership with Wincor Nixdorf is a step towards Synovus implementing a fully automated cash cycle management strategy. “With Wincor Nixdorf’s proven technology at the ATM touchpoint,” Weber said, “Synovus branch team members will be free to focus more on their most important asset – their customers.”

Recognized as the global leader in innovative customer-focused IT solutions, Wincor Nixdorf was the first to introduce single-slot deposit automation ATMs which improve the customer experience for making ATM deposits. Other innovations include Wincor Nixdorf’s revolutionary Cash Cycle Management Solution, which creates a closed loop for cash replenishment at in-branch ATMs and teller cash recyclers.

About Synovus

Synovus Financial Corp. is a diversifying financial serviced company and a registered bank made company based in Columbus, Ga. Synovus provides incorporated financial services including commercial and retail banking, financial management, insurance and bonding services to its customers through 30 locally branded banking divisions of its wholly owned subsidiary bank, Synovus Bank, and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee. For more information, visit http://www.synovus.com.

About Wincor Nixdorf

Wincor Nixdorf is one of the world’s most successful IT solution specialists for process optimization at the consumer touchpoint, covering its core industries of banking and retail. With its U.S. headquarters located in Austin, Texas, Wincor Nixdorf Inc. provides a broad range of innovative hardware and software solutions, complemented by high-end services to many of the world’s biggest and most well-known business organizations, raising overall efficiency of procedures and workflow to improve consumer engagement and reduce operational costs. Wincor Nixdorf has a presence in more than 100 countries and annual sales revenue of $ 3 billion. For more information, visit http://www.wincor-nixdorf.com/usa.

©Copyright 1997-

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