Did your bank foreclose your home?

Did your mortgage holder auction your house off?

Did you learn that the high-bidder, maybe the only bidder was Fannie Mae?

Is there a reason to believe, if the Fannie Mae, the government-sponsored enterprise (GSE), had not purchased your home, your bank would not have been able to sell your home and would be more motivated to work with you on a loan modification?

Doesn’t this constitute another, secret way of bailing out banks while giving them all the incentive to kick you out of your home?

This post is open for your comments. Please feel free to write about your experience if you went through an unsuccessful loan modification attempt and got foreclosed only to find out the government-sponsored enterprise Fannie Mae now owns your house and wants you out ASAP.

Greatest Moneymaking Secret

More bad news on the housing bust front: Nearly 25% of all mortgage borrowers were underwater, meaning they owe more on their loans than their homes are worth.

…

For many homeowners, being underwater, also know as negative equity, has few consequences. If they’re not planning to sell and can afford their monthly bills, they can wait out the downturn.

For others, however, plunging underwater can spell disaster. If they become unemployed or have a financial emergency, they have no equity to tap. Or, if they need to downsize or sell their home to relocate for a job, they can’t.

Nearly 25% of all mortgages are underwater – CNNMoney.com

Don’t you find it amazing that almost everyone is blaming the poor homeowners for getting themselves in the situation they are in?

How about banks? I think it is way past time the banks share the burden and help the homeowners. After all they are the ones who offered to finance these houses that are now worth much less. They are the ones who came up with creative financing to get people in these houses. Banks are bigger and employ many smart people. If they did not foresee what is happening today with the market how could the homeowner have foreseen it. If it is homeowner’s fault to buy a home that lost its 25%-40% of value; why isn’t also the bank’s fault to finance that home? Whose fault is the current state of economy? If a homeowner is having hardship due to tough economy, why isn’t the bank willing to help and workout a loan modification?

It is time to fight back!

How?

Here is a great way to start: The 60-Minute Loan Modification

So what’s a struggling, over-leveraged, underwater homeowner to do?

Rockwood says, it’s time to stop doing the “responsible” thing, stop making payments, stop worrying about your FICO score—and do anything and everything necessary to get your lender’s attention now!

This means loan modification, short selling your home, or even using died in lieu of foreclosure to fix a bad situation fast.

Critics point the finger at Rockwood’s aggressive tactics claiming that reckless behaviors like these started this financial crisis in the first place—but Mike sees things differently.

The big banks got bailed out to the tune of trillions of dollars, but only a tiny fraction of that is being used to help the real victims of the economic downturn—the homeowners.

So smart homeowners are using street-fighting tactics to get in on the bailout money before it dries up. This means proactively pursuing loan modifications, short sales, and even chargeoffs of 2nd mortgages if needed to protect your family’s financial future.

“Everyone I work with is underwater,” says Rockwood. “Their income is down, their mortgage terms stink, and they’re drowning.” And with over 300,000 homes foreclosing each month, you’ve got to do more than just raise your hand if you want relief.

Here is what got my attention:

Loan modification expert author, Mike Rockwood, has renamed Obama’s “Making Homes Affordable Plan” the “Making Banks Profitable Plan.”

Yep, that’s exactly what our government is doing with our money!

Isn’t it time we get some of our own money back? Let’s get our money back without giving more of it to “consultants”, lawyers and hucksters.

Yes, you can take on the bank yourself!

More people qualify than don’t for loan modifications. As long as you can demonstrate some real financial hardship and a real risk of defaulting on your loan, there’s an excellent chance you can knock 5 or even 6 figures off your total mortgage expense and whack a huge chunk off your monthly payment-simply by asking the right questions!

Basic Loan Modification Qualifications:

• Must have a real hardship (loss of income, death in family, etc)
• Must have a debt-to-income ratio of 31-50% (but as high as 79% are still approved)
• Must have a loan that is at least 9-12 months old
• Must have an income source that can reliably & realistically allow you to make modified payments (if you’re unemployed, you’re in trouble)

Order The 60-Minute Loan Modification. It comes with 100% Iron-Clad Guarantee.

It’s a fact that it is much easier to make money now than it has ever been. And the reason is the internet …

The internet enables ANYONE to set up their “shop” (website) for very little cost. You DON’T need to pay for a physical office or shop. Your market is NOT restricted to just those people in your local community who happen to walk past your shop. You can sell products or services 24 hours a day, 365 days a year, to the WHOLE on-line world. It doesn’t matter WHO you are or WHERE you live.

But you need technical knowledge to be able to set up a commercial website that is capable of processing customer orders (or you need to pay someone else a lot of money to do it for you). And if you don’t get any traffic (visitors) to your website you won’t make any sales, no matter how good your website is. And as the internet expands and develops, getting traffic to your site is becoming more and more COMPLICATED and EXPENSIVE to achieve.

But eBay REMOVES the two main problems of starting up an internet business by providing you with a ready-made commercial website AND as much traffic as you will ever need! And eBay makes it so easy that anyone, regardless of their technical ability, can set up a FREE eBay account with just a few mouse clicks – all they need is access to a computer connected to the internet.

But whilst it’s very easy to set up an eBay business, it’s NOT so easy to set up a SUCCESSFUL and PROFITABLE eBay business. Many have tried – and failed – to make a living on eBay. And of those who do make a living on eBay – many are, in effect, working FOR eBay by generating lots of eBay fees – often earning LESS than the minimum wage because they work LONG hours listing and fulfilling their orders.

But it doesn’t have to be that way. It IS possible to set up and run an eBay business that MAXIMIZES your income while MINIMIZING your effort. Maximizing your income will give you a HIGH standard of living. And minimizing your effort will give you a HIGH quality of life. All you need is someone to SHOW you how.

So if you are thinking about starting an eBay business, or you already have an eBay business but aren’t getting the results you desire yet, then I have the answer for you …

Before he set up his own eBay business, Martyn Boaden spent a small fortune acquiring EVERY ebook, CD and DVD that he could find on making money on eBay. But Martyn didn’t just want to make a living on eBay – he wanted to make lots of money for very little effort!

So he also studied the “secrets” of Direct Response Marketing which many, MANY ordinary people used to quietly amass huge fortunes, long before eBay – and even the internet – were ever dreamed of. Incredibly, most of the authors of all those ebooks that he read didn’t seem to know anything about these direct response marketing secrets, even though eBay is the PERFECT market to apply them to.

He spent months and months applying and testing everything that he learned to discover what does – and what doesn’t – work on eBay today to maximize his income while minimizing his effort.
And fortunately for us, he has crammed all that research he did in to “The Lazy Way To Wealth On eBay” which must be the most comprehensive eBay Business Manual that I have ever seen!

It doesn’t just include EVERY single hint, tip, secret, strategy and tactic (that actually work) from all those ebooks, CDs and DVDs. It also includes the Direct Response Marketing secrets that work so well on eBay.

So now EVERYTHING you need to know to set up and run a SUCCESSFUL and PROFITABLE eBay business to maximize your income while minimizing your effort today is packed in to one convenient resource. And you can get INSTANT ACCESS to it all for an INCREDIBLY SMALL investment.

To find out more, just click on the link below …

Lazy Way To Wealth On eBay

Oh, and I nearly forgot … “The Lazy Way To Wealth On eBay” is backed by a 60 Day No Quibble Money Back Guarantee. So you really do have nothing to lose by downloading your copy TODAY.

Lazy Way To Wealth On eBay