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Lifeline Debt Settlement Are you ready to take the first step to living a debt-free lifestyle? Simply fill out the form, located to the right, and begin your journey to living debt-free. Once submitted, your request is carefully reviewed and one of our Representatives will telephone you to discuss creating a program tailored to your unique situation. Remember, our consultation is free, designed to benefit you and answer your questions - all without any obligation.
Mortgage Need Help? Some people have expressed skepticism that you can actually do debt settlement on their own using our strategy or other creative methods of settling debts. Read letters from readers who were highly successful. Lifeline Settles your debt and help to build your credit back. Before you do anything, you should realize that the process of rebuilding your credit takes some time.
Need A Reverse Mortgage When life gets tough and you need some help paying those monthy bills, your mortgage may be able to help call 1(877)-LIFE-631 and find out how a reverse mortgage can put a new turn on to your life. Grab The LIFELINE

Settling Debt Nationwide!

Our attorneys have been setteling unsecured debt since 1978 ! Our National average is .40 cents on the dollar. They have settled over 30 Thousand accounts and counting to date.

Free Debt Settlement Consultation

Are you ready to take the first step to living a debt-free lifestyle? Simply fill out the form, located to the right, and begin your journey to living debt-free. Once submitted, your request is carefully reviewed and one of our Representatives will telephone you to discuss creating a program tailored to your unique situation.

Remember, our consultation is free, designed to benefit you and answer your questions - all without any obligation.

If you are in need of credit repair, debt settlement could be one of the culprits behind your low credit score. Debt settlement can be devastating to a credit score and cause you many financial troubles. However, you can repair your score in time. Here are some things to consider about repairing your credit score after debt settlement.

Things to Remember When Before we Negotiate
Whether you negotiate on your own or hire our debt negotiation service, keep the following things in mind:

•The amount you can afford to pay. This should be a reasonable amount and often 40-60% of the total debt. Low-ball offers will be rejected immediately.
•Creditors aren’t required to negotiate. They often will, if the next option is bankruptcy, but don’t expect them to make it easy for you.
•Negotiation is a process. When you negotiate, you make an offer and your arguments. Expect them to make a counter-offer and counter-arguments.
•You’re negotiating with a person. If you’re friendly and professional, they will be as well. Explain your situation in personal terms without becoming emotional. Listen to their arguments and answer them clearly. Your job is to convince them to see your side. Their job is to convince you to pay more. If you both play your roles properly, you’ll reach an agreeable settlement.


Negotiating debt is difficult and scary for most people, but it can be done. If you don’t succeed on your own, hire a professional to do it for you. You can get help for your debt.

We try to avoid bankruptcy using our Lifelines attourny based negotiation such as

•Chapter 7 liquidation allows businesses and individuals to cancel all debts through a process of selling assets. A judge determines which debts take top priority and assures the debtor pays out as much as possible through the process.
•Chapter 11 restructuring typically deals with businesses who would like to stay in business and maintain control of assets. A judge restructures debts and sets up a new payment plan to allow this to occur.
•Chapter 13 restructuring typically pertains to individuals who would like to hold onto assets while repaying debts. 
 
 

 

 

Mortgage

Mortgage Industry News for the Mortgage Industry
  • 2014-15 Mortgage Origination Outlook Jumps $157 Bil
    Expectations for this year's purchase financing expanded by 12 percent, while projections for next year's refinance production increased 14 percent.

    Fourth-quarter home loan originations are expected to amount to $262 billion, more than the $240 billion that was forecasted last month.

    The first-quarter 2015 origination outlook slipped to $270 billion from $271 billion, and the following quarter's forecast leapt to $328 billion from just $288 billion.


  • Serious 1st Mortgage Delinquency Up Again
    Serious delinquency on first mortgages deteriorated for the second consecutive month. Also moving higher was the rate on second mortgages.

    In September, the 90-day consumer credit delinquency rate was 1.04 percent, up by a single basis point compared to the previous month.

    The rate of delinquency reflects performance on first mortgages, second mortgages and auto loans as well as bank cards.


  • 2014 High for Home Sales
    Retreating mortgage rates and less competition from cash investors helped home buyers purchase more properties last month.

    September saw a 5.17 million seasonally adjusted annual rate of existing U.S. home sales. That was 2.4 percent better than the previous month,

    Activity -- which includes completed sales transactions on single-family homes, townhomes, condominiums and co-ops -- was at the highest pace this year.


  • Ocwen Accused of Backdating Borrower Letters
    cwen Financial Corp. has been accused of serious issues in its servicing practices including potentially backdating hundreds of thousands of borrower letters.

    At issue are loan modification denial letters that were allegedly dated more than 30 days prior to the date they were mailed.

    Ocwen spokesman David Miller of Sard Verbinnen & Co. didn't immediately respond to a request for a statement.
  • Industry Applauds QRM-QM Alignment
    A final rule on risk-retention requirements has been completed by federal regulators, and the mortgage industry is reacting favorably. The rule aligns the qualified residential mortgage definition with the Qualified Mortgage.

    A final rule on credit risk retention was jointly released Tuesday by the Department of Housing and Urban Development, Federal Deposit Insurance Corp., Federal Housing Finance Agency, Federal Reserve Board, Office of the Comptroller of the Currency and Securities and Exchange Commission.

    The rule, required by section 941 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, requires securitizers of mortgage-backed securities to retain 5 percent of the credit risk from their issuances.


Fedral Reserve News

All recent press releases from the Federal Reserve Board