Mortgage Fixers is a group of licensed Real Estate Professionals, Attorney's, Mortgage and Banking professionals that have turned their real estate and mortgage expertise to Loss Mitigation, Real Property Analytics and Mortgage Workouts. We are the leading California based Loss Mitigation firm, and have been since 1994.
We have assisted Commercial Banks, Mortgage Banks, Private Lenders and Real Property Owners in the intricate business of Mortgage Restructuring, Short Sale, Discounted Payoffs and many other aspects of the mitigated loss process.
We have assisted Commercial Banks, Mortgage Banks, Private Lenders and Real Property Owners in the intricate business of Mortgage Restructuring, Short Sale, Discounted Payoffs and many other aspects of the mitigated loss process.
Services
Mortgage Fixers is a group of Licensed Real Estate, Mortgage and Banking professionals that have turned their mortgage expertise to Loss Mitigation, Seller Financing, Probate, Mortgage Note Purchasing, Real Property Analytics and Mortgage Debt Structuring.
We diligently negotiate with the Loss Mitigation and Asset Management departments of Mortgage Lenders and Servicers to advocate for Mortgage Restructures, Short Sales, Short Refinances, and Short/Discounted Payoffs for real property owners.
We diligently negotiate with the Loss Mitigation and Asset Management departments of Mortgage Lenders and Servicers to advocate for Mortgage Restructures, Short Sales, Short Refinances, and Short/Discounted Payoffs for real property owners.
Through the Federal Reserve Systems policy of Fractional Reserve Banking, banks can, and do loan 9x's the Performing Assets** on their balance sheet. This means 1 million dollars in **Performing Promissory Notes (**Trust Deeds and Mortgages (know as "Paper") where the homeowner is paying the monthly payment on time every month) can provide the ability for the bank to loan 8.1 million dollars, but only on Performing Assets**.
In our current real estate environment, short sales are becoming more common. A short sale occurs when the lender or investor agrees to accept an amount less than actually owed on the property. The lender sells the property.
Wells Fargo & Co. charged some homebuyers fees to extend promised interest rates when the bank failed to process their mortgage applications on time, ProPublica reported, citing four former employees from the Los Angeles area.The practice, apparently. If you don't have an estate plan or have failed to completely fund your Revocable Living Trust, then your loved ones will be faced with probating some or all of your assets.
Wells Fargo & Co. charged some homebuyers fees to extend promised interest rates when the bank failed to process their mortgage applications on time, ProPublica reported, citing four former employees from the Los Angeles area.The practice, apparently. If you don't have an estate plan or have failed to completely fund your Revocable Living Trust, then your loved ones will be faced with probating some or all of your assets.
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