If you are seeking a loan modification from Accrediteds servicing department they do own the loan so direct contact with their servicing department is the right move albeit frustrating.
Our original loan was done by Accredited Home Lenders. The court papers we were served state it’s Deutsche Bank National Trust Company, as Trustee on Behalf of Morgan Stanley Home Equity. Our recorder’s office only lists Accredited Home Lenders and the papers we received had a copy of the loan papers from Accredited.
We were denied a modification through Bank of America. They said the investors denied us and couldn’t get any information on the investors.I thought Accredited Home Lenders were no longer in business.
Accredited Home Lenders Holding Co., a lender in San Diego Venture, which have agreed, by the fourth private equity firm Lone Star in June, can be purchased on the basis now instead of bankruptcy.
Accredited Home Lenders said many of its present position in the acquisition of Aames Investment Corp. in October, a subprime lender in Los Angeles is very high during the boom of high risk.
Accredited Home Lenders Loan Modification Relate post:
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Wealthy investors with a high Financial IQ, understand to be truly diversified you need to invest across all four primary Asset Classes which are:
Real Estate,
Paper Assets (stocks bonds and mutual funds)
Commodities
And Businesses by way of Joint Ventures or owning preferred shares.
Investing in the four primary asset classes is the secret of accumulating enormous Wealth..
This is why Investing in a Syndicate Mortgage should be a key component of your wealth creation strategy.
The fundamental investment principles of Banks and Pension funds are Security, good returns and cash flow.
A Syndicate Mortgage allows you to invest like a Bank or Pension Fund.
Everyone knows the vast majority of wealth created since the beginning of time, was created through Real Estate, not flipping homes, but acting like a Bank and being a lender to large scale development projects.
Let’s take a look at some of the reasons you want to invest in a Syndicate Mortgage.. but before we do….. let me explain in simple terms what a syndicate mortgage is.
A Syndicate Mortgage is when several investors collectively fund one single mortgage instrument
There a re no shares or units that fluctuate in value..( such as mutual funds or segregated funds )
Every investor has their full face amount registered in their favour at the land registry office with a lien as their collateral.
A Syndicate Mortgage allows you to use your registered funds or cash to invest like a bank or pension fund and be the lender.
A Syndicate Mortgage allows you to truly diversity your portfolio.
A Syndicate Mortgage offers the following superior advantages.
? Your Investment Is 100% Secured By Prime Real Estate
? You get a 8% Guaranteed Rate Of Return annually
Ø Your Interest is paid quarterly
?Profit Sharing of 12% to 14% upon completing of project, over and above the 8% guaranteed return.
? The Face Amount Of Your Investment Is Fully Registered &Secured Via A Lien against the Property
? Your investment term is typically18 to 36 months
? A Syndicate Mortgage is RRSP,RRIF, LIRA, TFSA, RESP Eligible
? You Become a Private Lender with Your Registered Funds
? Allows you to Invest In Projects Typically Reserved Only For Large Financial Institutions
? A Syndicate Mortgage offers 100% Transparency.
Unlike the 97% who are following an outdated approach to investing, a Syndicate Mortgage allow you to invest like the 3% who understand that true diversification includes investing in Real Estate, not just Stock, Bonds and Mutual Funds.
Contact me privately for details on current offerings.
Tyrone Phipps
416-891-7787
tyrone@onixconsulting.com