If you’re like the millions of people the world over who are looking for hope and help with a bad mortgage, Rich Schefren, Jay Abraham and the League of Extraordinary Minds can save the day.
The housing bubble and meltdown have left legions of Americans with homes they can’t afford and mortgage terms that make it very difficult to save their home or renegotiate for better terms. Leading financial experts estimate that just under 10 percent of homeowners are close to defaulting or have defaulted on their home loans.
There have been a number of initiatives launched by the government to help homeowners keep their credit and save their homes. However, these programs are very complicated and may not be understandable by the average homeowner. Other, previously existing potential sources of help may not be as well known as President Obama’s mortgage bailout programs.
Get mortgage help from the experts
That’s where the League of Extraordinary Minds and founders Jay Abraham and Rich Schefren can help. The league is made up of more than 50 of the sharpest minds in business and in finance. With these wise counselors at your side, you’ll learn ways to successfully renegotiate or refinance your mortgage, while potentially saving a few dollars along the way. These advisors know how banks and the lending system works, and can help maximize your bargaining potential to save your home or business and do it on favorable terms.
The members of the League of Extraordinary Minds have intimate knowledge of the home and business finance fields. They know how to borrow, who to borrow from and how to borrow wisely. Having the League of Extraordinary Minds on your team, you will feel the power and advantage of having these experts coach you in the moves needed to save your home.
The banks don’t stand a chance.
The federal mortgage bailout
In early 2009, President Barack Obama proposed and Congress approved a mortgage bailout plan aimed at helping homeowners with mortgages they couldn’t afford renegotiate and refinance their mortgages to keep them from losing their homes. The reason for this move is simple — if all those homeowners had defaulted on their loans it would have thrown the banking industry into chaos and triggered an economic collapse to rival the fall of Rome.
The two main components of the mortgage bailout are a program to help homeowners negotiate a lower interest rate and another program intended to lower homeowners’ monthly mortgage payments. Both these programs are extremely complicated, and to get the best results from them you need the expert advice that only Rich Schefren, Jay Abraham and the League of Extraordinary Minds can provide.