Inside the New NPV Calculator
Whether you will be forced to keep your current loan that will lead to a foreclosure on your property
OR
Whether the bank will give you a better loan that will keep you safely in your property for at least 3 more years?
On top of that, what if I told you that the same person who determines your fate didn't have to show ANYONE the calculator they're using or the logic they use to determine which option you get?
Well guess what? This mythical calculator is HERE!!
On October 1st the government released the new "Base NPV Model v4.0 Tool" that lenders are NOW using to determine whether or not you get a loan modification!! (NPV is short for Net Present Value)
It seems pretty ridiculous that these crooks don't have to reveal their "secret formula" to ANYONE, but that is just what we have to deal with now.
It's pretty much "plug-and-play" where the lenders will enter in data such as how much they think the property will be worth in a year, cost they'll incur to foreclose, whether they think you will be able to pay after they give you a loan modification, and other SUBJECTIVE data. (Not all of the data is subjective and I'm sure they're using super smart statistics and technology to help them determine these values, but this system is already drawing a lot of (deserved) criticism.)
Why is this a problem, you ask?
With all the secrecy surrounding this new NPV tool there is no ACCOUNTABILITY for their actions. These closed door, "we can do what we want" policies are a huge reason that the mortgage crisis started in the first place and now we're giving the keys to the city back to the banks again.
However, there is one thing that the lenders can not ignore and that is the threat of a Massive Class-Action Lawsuit.
Legal action is one thing that no major corporation wants to face. Even if the banks have grounds to fight it out in court with you, the threat of losing, and then opening the doors to THOUSANDS of other cases AND additional negative press is a strong motive for them to ditch the NPV calculator and offer you the loan modification you need.
A FORENSIC LOAN AUDIT from Loan Audits CAL that is entrenched in case law is the ONLY way you will be able to overcome the NPV tool.
Even if you do qualify, a loan modification is a voluntary act by the banks and they can still deny you.
Win the battle before you fight it!!
Contact Loan Audtis Cal today and let us give you the battle strategy you will need to get your loan modified and get you the 25, 30, 40, 50 or even 60% payment reduction that will help you stay in your home.
Give me a call, send me an email, shoot us a fax, write us a letter, but just do it TODAY.
We can help you and we can help you NOW. Just give us the opportunity.
Ps. We're offering a free initial evaluation of your loan documents this week so call us right away!!
Pss. Go to MSN.com for a bunch of great article about the moratorium!
Sincerely,
Chris Martinez
Partner/Director of Sales and Marketing
Loan Audits Cal
Phone: 1.888.940.5550
Fax: 424.205.1702
Email: chris@loanauditscal.com
www.loanauditscal.com
