“Keeping The American Dream Alive”

WLR Group, Inc. we are a consulting firm

headquartered in Orlando, FL. We specialize in Mortgage Loan Modifications. We are

dedicated to helping homeowners keep the American dream alive.

A Loan Modification is a change to the existing A Loan Modification is a change to the existing loan contract which is agreed to by both the loan contract which is agreed to by both the

lender and the homeowner. The lender modifies lender and the homeowner. The lender modifies the existing loan based on your current financial the existing loan based on your current financial hardship. The purpose is to make the loan more hardship. The purpose is to make the loan more

affordable.affordable.

Loan Modifications have been around for a Loan Modifications have been around for a very long time. Initially Loan Modifications very long time. Initially Loan Modifications

were granted for 60 to 90 days as a were granted for 60 to 90 days as a temporary solution to a homeowner temporary solution to a homeowner

undergoing a financial hardship.undergoing a financial hardship.

• Investment propertiesInvestment properties..

• Commercial PropertiesCommercial Properties..

• Primary Residence.Primary Residence.

• Has an adjusting rate causing “payment shock”Has an adjusting rate causing “payment shock”• Has A 6% Interest Rate Or Higher Has A 6% Interest Rate Or Higher • Is in Foreclosure Or Received Sale NoticeIs in Foreclosure Or Received Sale Notice• Is Behind on their Loan Is Behind on their Loan • Has a hardship or perceives there will be a hardship in the Has a hardship or perceives there will be a hardship in the

future. future. • Has A High Debt To Income Ratio Has A High Debt To Income Ratio • Feel’s their Loan Was Predatory Feel’s their Loan Was Predatory • Has the desire and will take action to get caught up on Has the desire and will take action to get caught up on

payments that are presently in arrears.payments that are presently in arrears.

• Due to current economic conditions there are over Due to current economic conditions there are over 2700 foreclosures per day. 2700 foreclosures per day.

• With the housing market in the state that it is in, the With the housing market in the state that it is in, the mortgage companies DO NOT want to foreclose and mortgage companies DO NOT want to foreclose and take your home. They are willing to work with us on take your home. They are willing to work with us on your behalf, so they do not incur more costs by your behalf, so they do not incur more costs by acquiring your property. acquiring your property.

• The average foreclosure cost the mortgage company The average foreclosure cost the mortgage company in excess of $50,000 after all court costs, attorney in excess of $50,000 after all court costs, attorney costs, and various other things that need to be done. costs, and various other things that need to be done. They would much rather avoid foreclosure and keep They would much rather avoid foreclosure and keep you in the home. you in the home.

We work with lenders, mortgage servicers, and investors to provide workable solutions for homeowners.

TERM TERM OF THE LOANOF THE LOAN

PAST DUE PAYMENTS &PAST DUE PAYMENTS &DELINQUENT FEESDELINQUENT FEES

PRINCIPAL PRINCIPAL BALANCEBALANCE

WLR Group cuts through the red tape and works directly with the loss mitigation department of the homeowner’s bank to facilitate a loan modification.Customer service is integral part of our mission and we accommodate the nation’s pressing needs of effective communication.

Though the definition is simple, in reality, a loan modification is a complex process. Included in this process would be, at a minimum…

Financial Analysis Verifying Payments You Can Financial Analysis Verifying Payments You Can AffordAfford

Financial Prospects WorkoutFinancial Prospects Workout

Letter of HardshipLetter of Hardship Current Market AnalysisCurrent Market AnalysisLoan Restructuring Loan Restructuring ProposalsProposalsCost Benefit Analysis for Your LenderCost Benefit Analysis for Your LenderCross Cost AnalysisCross Cost Analysis

Phone calls with the lender: An average modification includes 30 to 40 hours of phone calls, the majority of which is spent on hold.

Verifying the receipt of documentation: Documentation required by the lender to process a loan modification is generally sent via fax. Depending on the lender, documents may have to be sent up to a dozen times.

Conference calls between the lender, homeowner and modification company: Occasionally, the lender will want to speak with the homeowner directly. This includes coordinating with the borrower and lender to schedule a mutually acceptable appointment time and participating in the conference call. The Modification depends on the lender timelines: The timeline for a modification varies from lender to lender, taking anywhere from 30 to 90 days.

We take your original loan documents and use We take your original loan documents and use specific state and federal mortgage loan post specific state and federal mortgage loan post compliance software to calculate and identify compliance software to calculate and identify

Truth and lending (TILA) and Real estate Truth and lending (TILA) and Real estate settlement procedure act (RESPA) violations.settlement procedure act (RESPA) violations.

• Over 80% of the audits Over 80% of the audits on Adjustable rate on Adjustable rate mortgages (ARM) loan mortgages (ARM) loan documents that were documents that were performed, revealed performed, revealed major predatory major predatory lending and Real lending and Real estate/Mortgage fraud estate/Mortgage fraud violations.violations.

This process gives us additional leverage when This process gives us additional leverage when negotiating with the lender and more than enough negotiating with the lender and more than enough incentive for the lender to grant a beneficial loan incentive for the lender to grant a beneficial loan

modification. modification.

We take a one mile radius from your home.

• We look at We look at homes sold in homes sold in your area your area including including foreclosures foreclosures and short and short sales.sales.

• Built in the same Built in the same year.year.

• Same square footage.Same square footage.

Then we use those values to negotiate with the Then we use those values to negotiate with the lender to determine the current market value of lender to determine the current market value of

your home and negotiate your principal balance.your home and negotiate your principal balance.

• No Credit No Credit Check!Check!

• No Appraisal!No Appraisal!

• No Closing Costs!No Closing Costs!

• No Refinancing!No Refinancing!

The only thing that’s required is the ability to show the The only thing that’s required is the ability to show the lender that you a currently undergoing a financial lender that you a currently undergoing a financial

hardship making it impossible for you to meet the terms hardship making it impossible for you to meet the terms of the original loan. The hardship can be temporary in of the original loan. The hardship can be temporary in nature or permanent, but the borrower must be able to nature or permanent, but the borrower must be able to

prove the hardship. prove the hardship.

What are hardships?

• Loss of jobLoss of job• Divorce Divorce • IllnessIllness• Reduction in incomeReduction in income• Past due billsPast due bills• Other unexpected eventsOther unexpected events

Customer Service Specialist

After we complete your paperwork today our customer service specialist After we complete your paperwork today our customer service specialist will contact you in 24 hours. Her job is to answer any questions that you will contact you in 24 hours. Her job is to answer any questions that you may have, advise you of any additional information that we may need. She may have, advise you of any additional information that we may need. She will also keep in constant contact with your regarding the status of your loan will also keep in constant contact with your regarding the status of your loan modification. So at anytime if you have any questions regarding your loan modification. So at anytime if you have any questions regarding your loan modification, please don’t hesitate to give myself or our customer service modification, please don’t hesitate to give myself or our customer service specialist a call. specialist a call.

WLR GROUP, INC.WLR GROUP, INC.3249 OLD WINTER 3249 OLD WINTER

GARDEN RD. SUITE 19GARDEN RD. SUITE 19ORLANDO, FL 32805ORLANDO, FL 32805

TOLL FREE (866) 780-TOLL FREE (866) 780-10591059

FAX (407) 253-2015FAX (407) 253-2015