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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
  • Freddie, Ginnie Drive Monthly MBS Agency Issuance Up
    Despite a decline in the monthly issuance of mortgage-backed securities at Fannie Mae, overall agency MBS issuance increased.

    Total issuance of fixed-rate MBS by Fannie, Freddie Mac and Ginnie Mae amounted to 6 percent more during August than in the previous month.

    But MBS volume was nowhere near the level of MBS issuances during the same month last year, with issuance sinking by nearly a third on a year-over-year basis.


  • Changes Sought to FHLB Membership Requirements
    The regulator of the Federal Home Loan Banks is proposing to make some changes to membership eligibility requirements.

    The proposal by the Federal Housing Finance Agency is intended to ensure ongoing commitment to housing finance while restricting eligibility.

    Under current FHFA rules, prospective members are required to hold a nominal amount of home mortgage loans on their balance sheets at the time of the membership application.


  • COFI Climbs 2nd Consecutive Month
    For the second time since last year, the Cost of Funds Index has risen. It was also the second consecutive monthly increase.

    COFI came in one basis point higher in July than it did during June -- a month that ended a five-month record-setting streak.

    But COFI, which is used to determine rate and payment changes on some adjustable-rate mortgages, came in well below its level in July 2013.
  • Another Solid Month at Fannie Mae
    New business rose to the highest level in eight months at the Federal National Mortgage Association, while serious delinquency fell to its lowest level in nearly six years.

    July saw 12 percent more in new business acquisitions than during the prior month, according to a monthly operational report.

    It was the best month in business activity for the Washington-based secondary mortgage lender since November 2013.


  • Indictments Handed Down in Massive FHA Fraud Case
    The owner of a mortgage company -- along with loan originators, other employees and real estate developers -- has been indicted in a huge case involving government-insured mortgages.

    Great Country Mortgage Bankers was based in Miami. Among programs it has offered are loans that are insured by the Federal Housing Administration.

    But what is unique about Great Country, according to federal prosecutors, was its ability to obtain FHA financing for borrowers who didn't qualify based on FHA guidelines.


Fedral Reserve News

All recent press releases from the Federal Reserve Board