The document discusses issues with the US home mortgage system, including the high number of homeowners who owe more than their home is worth or are delinquent on payments. It notes that Fannie Mae and Freddie Mac are urging struggling homeowners not to default, but also threatening consequences. It then describes services offered to help homeowners negotiate mortgage reductions through forensic loan audits to identify lender violations, which can strengthen the homeowner's position. Key details include fees for these services and how the mortgage reduction process works.

1. The USA HOME MORTGAGE SYSTEM IS BROKEN11 Million Homes Are Upside Down: NY TIMES: Lenders are fearful that many of the 11 million or so home owners who owe more than their house is worth will walk away from them, especially if the real estate market begins to weaken again. The so-called strategic defaults have become a matter of intense debate in recent months.

2. 1 in 7 “Million Dollar Homes” DEFAULTING NY TIMES: More than one in seven homeowners with loans in excess of a million dollars is seriously delinquent, according to data compiled for The New York Times by the real estate analytics firm CoreLogic.

3. 1 in 12 “Under A Million” DEFAULTING NY Times: Homeowners with less lavish housing are much more likely to keep writing checks to their lender. About one in 12 mortgages below the million-dollar mark is delinquent….

4. Fannie Mae & Freddie Mac are BEGGING NY TIMES: Fannie Mae and Freddie Mac, the two quasi-governmental mortgage finance companies that own most of the mortgages in America with a value of less than $500,000, are alternately pleading with distressed homeowners not to be bad citizens and brandishing a stick at them. Millions Need Your Help.MILLIONS OF PEOPLE ARE… Having Trouble Making Their Mortgage Payments…

5. MILLIONS OF PEOPLE ARE… In Default or at Risk of Defaulting On Their Mortgage Payments…

6. MILLIONS OF PEOPLE ARE…Upside Down on Their Mortgage… AND… Having Trouble Getting Their Lender to Work With Them…

7. MILLIONS OF PEOPLE ARE… Current in making their mortgage payments. However, their homes are upside down and need our help and it will not affect their credit…

8. MILLIONS NEED OUR HELP…The Simple 3 Step Process….The Free Loan Review Process…Takes 3 to 5 days…The Written Forensic Audit Process…Takes up to 30 days…The Mortgage Reduction Process…Takes 60 to 90 days…

9. IT’S AS SIMPLE & EASY. Just Fax the following three items in for a Free Loan Review… #1. HUD-1 Settlement Statement / Closing Statement #2. Copy of all pages of the Uniform Residential Loan Application (form 1003) #3. Copy of US Individual Tax Returns (1st page only) for the two prior year period - prior to date of Settlement. Your Closing Agent… Can provide you with #1 and #2 documents if you do not have access to them…

10. The Forensic Loan AuditA Forensic loan audit is a needed tool in the Mortgage Reduction Process it looks for violations of the…Truth In Lending Act (“TILA”)

11. Home Ownership Equity Protection Act (HOEPA)

12. Regulation Z