March 2011 | Real Recourse Solutions | (888) 255-6221
Welcome
Contents
RRS Special Interest Articles
Welcome 1
Understanding is Key 2
Policy & Operations 3
Affordable & Secure Method 4
RRS Newsletter Highlights
Nobody takes responsibility 2
RRS Operations 3
Affordable & Secure 4
Professionals,
Thank you for the opportunity to work with you and your clients. This newsletter
explains in detail why Real Recourse Solutions is the #1 Auditing &
Examination Company sought by professionals and homeowners. RRS offers
a robust program supported by fact and production. Our program grants each
party access to material evidence needed address various errors and violations
that in many case caused an increasing number of mortgage defaults.
Forensic Mortgage Audit
Mortgage Securities Examination
Appraisal Report Audit
Abstract of Title
Commercial Audit Reports
Practical Programming Highlights ------------------------------------------------
· Non-Adversarial Action
· Errors & Omission Claims
· Non-Partisan Agreements using T.A.R.P funds
· Claims Producing Principal Balance Reductions
· Experience Professionals with 6 years of Legal Research
· Decreasing Residential Defaults by Reducing Principals
Real Recourse Education
Rev. 3/25/20110
Understanding is Key
RRS Nonpartisan Mediation Services
Real Intervention decreases the number of court filings and save tax payers “BILLIONS” by using effective communication skills by instituting a compliance program promoting “Nonpartisan Mediation,” while eliminating programs that DON’T WORK.
Non-Adversarial Solutions
The Real Estate industry has
waited for too long for a
standard program that would
allow homeowners & lenders to
address the unintentional errors
and defects engrained in a vast
number of home loans today,
causing an increasing number of
defaults.
Nobody wants to take the
blame or responsibility
Risk management planning can ensure there is a surveillance examination or audit capturing the errors creating mortgage defaults. Recalling badly written mortgage loans should be viewed as recalling cars with bad breaks.
Fraudulent Claims Consumers are becoming more and more diverse in understanding their rights as this foreclosure epidemic implodes. However, the same course is being sought by the lenders as a result the court battles are becoming more and more overwhelming and costly.
Phase out foreclosure as a sole option allowing each party to undergo a more effective process, called nonpartisan mediation. Ultimately RRS Nonpartisan Mediation offers a more civil and rational resolution method for addressing mortgage defaults. As a result, RRS has composed an outlet designed to refurbish “Toxic” mortgages as well as reduce the principal on “Distressed Equity,” properties.
RRS Mortgage Audits & Securitizations Cover:
The Real Estate Settlement Procedures Act of 1968
Truth-In-Lending Act of 1974
Home Ownership and Equity Protection Act of 1994
Expanded Assignee Liability
Predatory Lending Act
Prohibition of Kickbacks and Unearned Fees
Excessive, Unearned and Duplicative Fees
State Home Loan Protection Acts
Closing Cost Disclosure Requirements
Servicer Obligations
Escrow Limitations
Prohibition Against Charging for the Preparation of Certain Documents
Remedies and Limitations
The Equal Credit Opportunity Act, 15 U.S.C §§1691 TO 1691f
Prohibit Discrimination
Applying ECOA to Predatory Lending Cases
The Fair Housing Act, 42 U.S.C §§3601 to 3631
The Service members Civil Relief Act
Unfair and Deceptive Acts and Practices Statues
State and Federal Racketeering and Corrupt Organizations Acts
Door-to-Door Solicitation Acts
Fraud and Misrepresentation
Substantive Conduct Subject to Fraud and Misrepresentation Claims Our compliance program covers an additional 62 items
Rev. 3/25/20111
Understanding RRS Operations
We Pray but NOT on People
Our clients understand that RRS is an Auditing and Examination firm ONLY; RRS
is NOT representing or acting as legal representation for any party. [RRS is not a
FORECLOSURE RECUSE SERVICE PROVIDER]. Our intention or action does
not promote adversarial relations between the lender, attorney, or homeowner.
RRS is a neutral party with NO vested interest. The report produced is a
comprehensive report generally used in court for Truth in Lending and RESPA
lawsuits. This report generated is NOT a foreclosure-rescue service pursuant to
F.S. 501.1377. The reports purpose is to solely educate the client on any Federal,
Local and State violations in their loan package and it provide legal grounds for
negotiations with the homeowners mortgage servicers.
You are hiring RRS and/or its assigned auditors/examiners to conduct an accurate
and fair audit or examination regardless of the depth of violations found therefore
there is a chance there is no mistakes in your loan package.
Why are the mass media and any other institute discouraging consumers from auditing
their mortgages? It is to our understanding a number of companies have surfed
offering inadequate or meaningless audits performed by non-professionals, therefore
we can assure our clients that we only employ experienced professionals to prepare our
audits and examinations. It is time we address the problem with hard facts and not
assumptions.
Our Policy
Losses and potential litigation can be
avoided by using RRS system, we
keep our clients informed, and we
help to mitigate creating a win-win
opportunity for both parties involved
our intervention specialists in
collaboration with our expert auditors
we are committed to helping find a
reasonable solution. That’s our
policy.
Responsibilities:
RRS will provide our clients with:
Material Evidence
Facts
Support
Signed Affidavits
Expert Witness
Reports
Executive Summaries
Accuracy
Recommendations
Mortgage Forensic Audits
Security Examination
Reliable & Secure Service
RUSH Services
Rev. 3/25/20112
Affordable & Secure Method
Sender Information:
Mortgage Auditing allows any discrepancies or erroneous information to be revealed
based on regulations and Securitization Examinations reveals the holder-in-due course
along with the accurate owed balance.
For the 1st time in history homeowners can tap into information that was once not
accessible. Cutting overhead & working with a mass number of professionals who
volunteered their time and efforts allowed RRS to produce a product at FAIR value.
We produce quality audits at $500.00 and examinations at $895.00. We are the
comprehensive and most affordable auditing service in the industry, today!
RRS offers over 6 years of research and legal development that prevails beyond
any competing company’s understanding. It’s been our study and lifestyle to track
the subprime meltdown happenings.
To Apply the for RRS Program Please contact your local RRS Account Representative, if you would like more information on how to contact a local RRS Account Representative send your request to:
RRS’s National Regional Director Steve Hoffman
[email protected] or Call Us at (888) 255-6221 Ext 2.
Thank you for your time and consideration we look forward to serving you.
Receiver Information:
Real Recourse Solutions
RRS Account Representative: (888) 255-6221 206-495-6506 [email protected]
Where Change Starts!
Find us on the Web: www.realrecoursesolutions.com
Rev. 3/25/20113