Foreclosure Response Team Expands Core Services Through Partnership with Loan Modification Team LLC
Scott D. Coloney, founder of Florida’s first Foreclosure Response Team (FRT), has announced that the company will now offer Loan Modifications as part of its services through an exclusive partnership with Loan Modification Team LLC (LMT).
Ft. Lauderdale, FL, February 25, 2009 --(PR.com)-- Offering distressed homeowners who cannot afford their mortgage payments the opportunity to continue living in their homes instead of having to sell the property or face foreclosure, Scott D. Coloney, founder of Florida’s first Foreclosure Response Team (FRT), has announced that the company will now offer Loan Modifications as part of its services through an exclusive partnership with Loan Modification Team LLC (LMT). Founded by industry veteran Kimber White, the LMT is a loan modification company established to oversee loan modification process for those in need of a permanent change in the terms of their mortgage loan. LMT is located in the FRT offices at 1507 East Las Olas Blvd., in Fort Lauderdale, FL.
In the event that the decrease in the loan is not sufficient for a homeowner to afford, the FRT will assist in the Short Sale of the property, also helping to avoid foreclosure.
“Many homeowners are scared about the possibilities of losing their home and are looking for professionals they can trust to help them understand what their options are when facing such hardships,” said Coloney. “The credibility and expertise offered by Kimber through the Loan Modification Team will serve as a reliable resource for the Foreclosure Response Team’s homeowners to find a viable solution for their situation, while being led through the entire process,” he added.
“We are very excited about the affiliation with the Foreclosure Response Team and about the programs that Scott has put into place to help homeowners avoid foreclosure either through a Short Sale, or through a loan modification for those who don’t want to sell, stay in their homes,” said White.
“Because we know how financially stressed these homeowners are, we wanted to differentiate ourselves from other loan modification companies by implementing a host of specialized services to assist homeowners in avoiding foreclosure, he added.”
FRT is finalizing negotiations with major law firms and default servicers to develop a service cost under $1000, compared to predatory fees of upwards of $9000.
Managing Member Kimber White has over 18 years experience in the mortgage industry and has a Masters in Business from the University of North Carolina. In the early 1990’s during the nationwide recession, he ventured into short sales and loan modifications while working in loss mitigation. In 2008, Kimber formed Loam Modification Team, LLC in an exclusive partnership with the Foreclosure Response Team.
A new, innovative national concept, the Foreclosure Response Team is a sales, marketing and technology company that provides loss mitigation services and expedites the sale of residential and commercial properties facing foreclosure, with a specialization in Short Sale transactions. The Foreclosure Response Team is made up of veteran real estate professionals in the areas of
financial services, real estate law, credit consultation, sales & marketing and serves as an invaluable third-party resource for property owners, buyers and real estate agents alike.
Upcoming plans for the Foreclosure Response Team includes affiliating with a large lending default service company.
The Foreclosure Response Team headquarters are located at 1507 East Las Olas Blvd., Fort Lauderdale, FL 33301. For more information call Scott D. Coloney at 954-760-4888 or visit www.ForeclosureResponseTeam.com.
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In the event that the decrease in the loan is not sufficient for a homeowner to afford, the FRT will assist in the Short Sale of the property, also helping to avoid foreclosure.
“Many homeowners are scared about the possibilities of losing their home and are looking for professionals they can trust to help them understand what their options are when facing such hardships,” said Coloney. “The credibility and expertise offered by Kimber through the Loan Modification Team will serve as a reliable resource for the Foreclosure Response Team’s homeowners to find a viable solution for their situation, while being led through the entire process,” he added.
“We are very excited about the affiliation with the Foreclosure Response Team and about the programs that Scott has put into place to help homeowners avoid foreclosure either through a Short Sale, or through a loan modification for those who don’t want to sell, stay in their homes,” said White.
“Because we know how financially stressed these homeowners are, we wanted to differentiate ourselves from other loan modification companies by implementing a host of specialized services to assist homeowners in avoiding foreclosure, he added.”
FRT is finalizing negotiations with major law firms and default servicers to develop a service cost under $1000, compared to predatory fees of upwards of $9000.
Managing Member Kimber White has over 18 years experience in the mortgage industry and has a Masters in Business from the University of North Carolina. In the early 1990’s during the nationwide recession, he ventured into short sales and loan modifications while working in loss mitigation. In 2008, Kimber formed Loam Modification Team, LLC in an exclusive partnership with the Foreclosure Response Team.
A new, innovative national concept, the Foreclosure Response Team is a sales, marketing and technology company that provides loss mitigation services and expedites the sale of residential and commercial properties facing foreclosure, with a specialization in Short Sale transactions. The Foreclosure Response Team is made up of veteran real estate professionals in the areas of
financial services, real estate law, credit consultation, sales & marketing and serves as an invaluable third-party resource for property owners, buyers and real estate agents alike.
Upcoming plans for the Foreclosure Response Team includes affiliating with a large lending default service company.
The Foreclosure Response Team headquarters are located at 1507 East Las Olas Blvd., Fort Lauderdale, FL 33301. For more information call Scott D. Coloney at 954-760-4888 or visit www.ForeclosureResponseTeam.com.
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