Released on: October 23, 2007, 11:50 am

Press Release Author: Debi

Industry: Real Estate

Press Release Summary: Nobody wins in a property foreclosure. Borrowers lose their
homes, as well as good credit standing, and lenders face a long, costly process.
However, in most situations, it comes to that. LoanResolve.com, has just launched a
state of the art Foreclosure Resolution and Loan Modification Engine.

Press Release Body:
HOLLYWOOD, FLORIDA, OCTOBER 2007 - Nobody wins in a property foreclosure. Borrowers
lose their homes, as well as good credit standing, and lenders face a long, costly
process. However, in most situations, it comes to that. LoanResolve.com, in
attendance at the REOMAC Fall National Conference, has just launched a state of the
art Foreclosure Resolution and Loan Modification Engine. This is revolutionary
online service that helps guide distressed homeowners toward rapid resolution of
foreclosure difficulties.

Loanresolve.com assists homeowners and lenders nationwide with instructing borrowers
on how to compile the necessary information to initiate the bi-directional passing
of documents to and from their lender while allowing homeowners to self-resolve
their mortgage "Defaults" quickly.

This comprehensive Web Engine approach to self-resolving mortgage problems was
developed to bring order to processes and eliminate excessive hold times while
borrowers attempt to communicate with their lenders.

Subscribers receive an anonymous mailbox on the system where lenders communicate
with borrowers in real-time via email, text, or fax. This allows homeowners to sit
back, take stock, and make educated decisions as to how they should proceed. For
those suffering from personal or financial stress, the right kind of advice and
guidance is critical. The company's new and innovative service provides many
foreclosure resolution tools 24/7/365 to homeowners by providing links to educate
borrowers and guidance in obtaining employment, credit repair, and restoring their
lifestyle as they once knew it.

The new technology is producing high-resolution rates because mortgage companies
will go to great lengths to resolve defaults in today's market. Lenders agree that
most every loan can be resolved if the correct documentation is provided and proper
channels are utilized. Some lenders require only a single month's payment to get a
home loan back on track. The importance to a borrower of keeping his or her home
free from foreclosure cannot be underestimated, as those who have been foreclosed on
invariably find credit difficult and expensive to obtain.

The priority for all parties is to keep homeowners in their homes while minimizing
the risk of loss and future financial liability. LoanResolve.com does not provide
lending or counseling, just direct access to lenders for distressed homeowners who
wish to resolve bad loans quickly.
".nobody has more incentive to make these workouts succeed than borrowers. I would
think they would go and jump through hoops if someone would give them a little
breathing room and an easier way." - Bill Edwards, chairman of Mortgage
Investors Corp., St. Petersburg, FL, in Mortgage Servicing News

For more information about www.LoanResolve.com, please visit the website online or
contact info@loanresolve.com .


Web Site: http://www.loanresolve.com

Contact Details: PO Box 86249
Madeira Beach, FL 33778
info@loanresolve.com