“I am a firm believer in the people. If given the truth, they can be depended upon to meet any national crisis. The great point is to bring them the real facts.” – Abraham Lincoln, Sixteenth President of the United States of America
The most remarkable characteristic of Lincoln’s optimistic quote is not his faith in Country, God or even in the Office of The President to calm the storm of national crises. It is the people themselves that Lincoln has unquestioning faith in.
Whether America is now suffering from a great economic crisis is beyond question.
We should not look to government, to our leaders or even to our sitting President, then, in an effort to alleviate the current economic crisis. In following the spirit of Lincoln’s deep seated convictions, we should look to each other to repair our dire circumstances.
Millions of jobs have been lost since the beginning of 2008. For over a year credit has been scarce for the average American to acquire, even if it would save them from utter economic collapse. Perhaps trillions of dollars in toxic mortgages have flooded the international markets. Subsequently, home values across the nation have dropped precipitously.
A great majority of recent homebuyers are straddled with mortgage debts that exceed the values of their homes. These problems are made worse by the fact that over the last decade, exotic home loans like interest only, short term adjustable mortgages and negative amortization loans have been made to a vast number of American Consumers.
The resulting problem is so immense economists and legislators can barely conceptualize how to manage it.
While professors of economics sit in their ivory towers philosophizing about potential restorative measures and while politicians blame their opposing party members for the creation of this crisis, we the people are in a unique position to change things for the better.
We will do this for one American at a time and, more importantly, we will do this where it matters most: at the core of the American Dream, the dream of home ownership.
The Loan Modification Business is situated perfectly to solve a great deal of problems for the average American. There is a great deal of money to be made in this business as well.
Some people may say that Loan Modification Firms prey on the weak in a time of crisis. In fact, there are many laws that protect consumers from predatory foreclosure avoidance counselors. There is no doubt that where there is money there will also exist greed and the propensity for people to conveniently forget their guiding morals and values.
We say, like Lincoln that empowered with the truth about our business there will be no need for greed, no forgetfulness of our principles and we will come to understand that helping American Homeowners save their homes from foreclosure and earning an honest income in equal proportion to the benefits we provide our clients will be most easily obtainable.
In the loan modification business, this is not only our charge but our solemn duty to the millions of suffering American Homeowners.
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