Woodland Hills, CA (PRWEB) May 11, 2008
I Short Sale, Inc. (ishortsale.com), a leading nationwide short sale and loss mitigation advisory firm, has expanded its loan modification department with the addition of several experienced loan modification specialists and support staff.
Today, our country is facing an unprecedented situation in the mortgage industry. Residential mortgage credit quality continues to weaken, with both delinquencies and charge-offs on the rise. This trend, in tandem with upward pricing of adjustable-rate mortgage (ARM) loans, falling home prices, and fewer refinancing options, underscores the urgency of finding a workable solution to current problems in the overall mortgage industry.
I Short Sale's loan modification department has a proven strategy to help preserve home ownership, minimize foreclosures, and restore some stability to local housing markets. "Our specialists have unparalleled experience providing homeowners and investors with proven solutions," stated Eli Tene, President of I Short Sale. "Our main objective is assisting homeowners and investors with as many options as possible throughout the process. It is imperative that we deliver real progress to our clients by negotiating favorable terms."
I Short Sale's loan modification department has grown to accommodate homeowners and investors throughout the nation. The company's strength comes from its experience and access to lenders. "With over 18 years of combined experience working on loan modifications and short sales, our loan modification specialists know how best to bridge the gap among homeowners, investors, and lenders in order to get the desired result," stated Raffi Tal, COO of I Short Sale.
I Short Sale's approach differs from most loss mitigation advisory firms in that they work hand in hand with the lender to structure the most favorable solution for all parties involved. I Short Sale's loan modification specialist and staff include many professionals that have previous servicing experience.
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