LOS ANGELES, Oct. 1, 2009 — Home Ownership Protection Experts, Inc (H.O.P.E.) announces that it will not collect a single dollar from a struggling homeowner until finishing an agreement with their lender to make their mortgage affordable.
Bucking the trend in an industry with an unsavory reputation, H.O.P.E. puts their client’s interest ahead of short-term profits by holding itself to a higher standard. Consumers should recognize that not all loan modification companies lack integrity. H.O.P.E. is willing to wait and get paid only upon providing an affordable modification to the loan. That is an old-fashioned way of doing business and H.O.P.E. is a leader in that area.
Many bankers have stated that up to 55% of homeowners who are 60 days late on their mortgage don’t respond at all to the bank’s attempts to communicate with them. H.O.P.E. is bridging that gap by giving an honest evaluation of each family’s situation and negotiating a new affordable payment with their lender, without the conflict of looking for payment before success is assured.
According to H.O.P.E. President Yigal Hay, “There are countless providers offering modifications, some more successfully than others. When they are paid up front for their services, can they really be motivated to get a workable outcome for their clients? More likely they are motivated to get more clients. Clients of H.O.P.E. on the other hand can be confident that we are looking after their financial interests and we are partners in keeping their family in their home.”
Working from their offices near downtown Los Angeles, the mortgage professionals of Home Ownership Protection Experts have a combined 75 years of experience in mortgage lending and restructuring and have helped thousands of people both attain and maintain the American dream of homeownership.
Please note that Home Ownership Protection Experts, Inc is not affiliated with the Non-Profit HOPENOW.
Contact:
Denis Hann
Director of Public Relations
Phone: (888) 809-0909 X 105
email: dh@homehope.org
Website: http://www.homehope.org
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