Freedom Debt Relief Review

Founded in 2002 by two Stanford Business School graduates, Freedom Debt Relief, a member of the Freedom Financial Network, has helped thousands of customers attain financial freedom through its innovative and industry-leading service. Committed to getting customers out of debt quickly and responsibly, Freedom Debt Relief implements customized debt resolution solutions that have helped customers become completely debt free in as few as 12-36 months. The reason for Freedom Debt Relief’s considerable success is the company’s unique “Debt Reduction Program.” To date, Freedom Debt Relief has served over 57,000 people nationwide, and has saved the company’s client $171 million.

An alternative to other debt relief programs, such as bankruptcy, debt consolidation, or credit counseling, Freedom Debt Relief’s “Debt Reduction Program” represents a uniquely aggressive and customer-centered approach to debt relief. Focused on minimizing harassment from collectors, Freedom Debt Relief works aggressively to negotiate a settlement between its customers and their creditors. Once an amicable arrangement has been reached, customers are notified and in many cases, a customer’s debt is settled for as little as 50% of their current balance*, amounting to thousands of dollars in savings. With less to pay, a typical Freedom Debt Relief client can become totally debt free in as little as 12-36 months through an affordable monthly payment.

With over 500 highly-trained employees in the United States, Freedom Debt Relief provides high-level service and industry expertise that has earned the company recognition in the pages of the San Francisco Business Times, the San Jose/Silicon Valley Business Journal, and the Los Angeles Times, as well as on the web at CNNMoney.com, MSNBC.com, and Entrepreneur.com.

Community Involvement

Freedom Debt Relief’s deep commitment to consumers is not exclusive to its “Debt Reduction Program.” Committed to top-down corporate responsibility, Freedom Debt Relief is a pioneering member of The Association of Settlement Companies (TASC), the foremost regulatory agency in the debt settlement industry and its debt consultants are IAPDA certified.

Freedom Debt Relief management and employees are also highly active in supporting local charities, including Second Harvest Food Bank, Child Advocates of Silicon Valley, Samaritan House, Glow Foundation, Family Giving Tree and Best Buddies International.

Awards

* Freedom Debt Relief named “Best Places to Work 2009″ by the San Francisco Business Times & San Jose/Silicon Valley Business Journal.
* Freedom Debt Relief named “Best Places to Work 2008″ by the San Francisco Business Times & San Jose/Silicon Valley Business Journal.
* Freedom Debt Relief named “Best Places to Work 2008″ by the Phoenix Business Journal.
* Freedom Debt Relied ranked 3rd in Entrepreneur Magazine’s 2008 100 Hot Companies.
* Freedom Debt Relief named to Inc. 500’s “Fastest Growing Private Companies in America.”
* Freedom Debt Relief co-founders named 2008 Ernst & Young Entrepreneurs of the Year for the Northern California. (Past recipients include Google, eBay & Shutterfly.)

Locations

Freedom Debt Relief is headquarter in San Mateo, CA (part of San Francisco/Silicon Valley metropolitan area), with additional offices in Sacramento, CA and Phoenix, AZ.

Tish Washington, the Honest Mortgage Pro, can be reached at 877-897-4831. Now lending in AZ, CA, CO, CT, FL, HI, ME, NM, NV, OR, and WA.

ANNOUNCING !!! $97 Do It Yourself Loan Modification Kit www.97DIYLoanModKit.com

Newsletter-Chrisman, Rob

Was it really only a 4-day workweek? For some reason it seems longer…

A college girlfriend once told me, “The more I think of you, the less I think of you.” At first I thought that was pretty clever, but then it dawned on me what she was saying… The same goes for rates. These rates, relative to where they were two weeks ago, are bad. 30-yr conforming is back into the low 5% area, “high balance” conforming is priced about .5% higher than “low balance” conforming, and on the wholesale side jumbo loans are in the mid-6% area. Suddenly any borrowers who waited to lock, especially if they incurred expenses in processing or having an appraisal done, are upset. And on the jumbo side, there is still no securitization of larger loans, with portfolio lenders holding on to the product. If housing is going to take us out of the recession, rates moving up won’t help.

There are definitely signs, however, that certain markets are turning around. Yes, prices are lower, but one broker reported, “Things are starting to pick up here in Arizona. The outlying counties are seeing multiple bids on homes in the starter home price range ($95,000 – $150,000), and they are driving other prices up. The move-up homes are getting more foot traffic and sales. And, of course, the luxury home builders are hopeful about the future – now, if only MBS prices would rally and behave! If rates would stay under 5% we might actually have a nice summer.”

I live in Marin County, which most is located between San Francisco and the Napa Valley. Yesterday I decided to take a look at the REO listings for Wells Fargo, since they have a large market presence here in Northern California. So I went onto their REO site: http://www.pasreo.com/pasreo/public/content.do?pageID=2000576 There were only 4 listings! Perhaps they’re not listing everything they have, things are better than we think, they’ve disposed of their inventory, or we’ll soon be seeing a glut come onto the market since foreclosure moratoriums have been lifted. Most large investors have similar sites, so for example here is the one for Chase: http://mortgage.chase.com/pages/other/co_properties_landing.jsp

For anyone who likes reading about scams, here is one for you: http://willcarless.wordpress.com/2009/04/18/a-staggering-swindle/

Yesterday we learned that Home Sales in the U.S. climbed 0.3%, slightly lower than was expected, and the median price of a new home decreased to $209,700 from $246,400 in April 2008. Still, last month’s value was up from March. And, at first rates continued their march higher as bond prices dropped, but then turned around. Why did they improve, leading to a few intra-day price improvements? “Treasuries rose for the first time in five days on speculation that the highest yields since November are unsustainable given forecasts that the U.S. housing market shows few signs of recovery.” In addition to that, apparently there is some feeling that, with rates where they are, our debt has become more attractive to own. Heck, if a buyer wanted to own 10-yr Treasury debt at 3.00%, they must really like 3.60%, right? It is not quite that simple, but nonetheless rates came down a little.

GDP came out this morning, showing that the U.S. economy contracted slightly less than initially estimated in the first quarter. Another hint that the recession is moderating? Maybe – Gross Domestic Product, which measures total goods and services output within U.S. borders, dropped at a 5.7% annual rate which is less than the 6.1% estimated by the government last month. Output, however, has declined for three straight quarters for the first time since 1974-1975. We still have the Chicago Purchasing Manager’s survey due out (estimated at “42″) along with the University of Michigan survey. After the GDP number the 10-yr yield is 3.61% and mortgage prices are perhaps .5 to .75 better than yesterday afternoon.

A woman was at her hairdresser’s getting her hair styled for a trip to Rome with her husband. She mentioned the trip to the hairdresser, who responded:
“Rome? Why would anyone want to go there? It’s crowded and dirty. You’re crazy to go to Rome. So, how are you getting there?”
“We’re taking United,” was the reply. “We got a great rate!”
“United?” exclaimed the hairdresser. “That’s a terrible airline. Their planes are old, their flight attendants are ugly, and they’re always late. So, where are you staying in Rome?”
“We’ll be at this exclusive little place over on Rome’s Tiber River called Teste.”
“Don’t go any further. I know that place. Everybody thinks it’s gonna be something special and exclusive, but it’s really a dump.”
“We’re going to go to see the Vatican and maybe get to see the Pope.”
“That’s rich,” laughed the hairdresser. “You and a million other people trying to see him. He’ll look the size of an ant. Boy, good luck on this lousy trip of yours. You’re going to need it.”
A month later, the woman again came in for a hairdo. The hairdresser asked her about her trip to Rome.
“It was wonderful,” explained the woman, “not only were we on time in one of United’s brand new planes, but it was overbooked, and they bumped us up to first class. The food and wine were wonderful, and I had a handsome 28-year-old steward who waited on me hand and foot. And the hotel was great! They’d just finished a $5 million remodeling job, and now it’s a jewel, the finest hotel in the city. They, too, were overbooked, so they apologized and gave us their owner’s suite at no extra charge!”
“Well,” muttered the hairdresser, “that’s all well and good, but I know you didn’t get to see the Pope.”
“Actually, we were quite lucky, because as we toured the Vatican, a Swiss Guard tapped me on the shoulder, and explained that the Pope likes to meet some of the visitors, and if I’d be so kind as to step into his private room and wait, the Pope would personally greet me.
“Sure enough, five minutes later, the Pope walked through the door and shook my hand! I knelt down and he spoke a few words to me.”
“Oh really! What’d he say?”
He said: “So, Who screwed up your hair?”