Here's the recent articles submitted by kenn lewis
Articles By kenn lewis
Bgs3 And Program 3648
By: kenn lewis
Program 3648 is BGS3’s nationwide campaign to certify qualified real estate professionals to assist homeowners facing a potential foreclosure. Program 3648 was announced on January 29, 2008 by Chief Administer John W. Davis, stating, ``President Bush has provided a much needed solution to the national foreclosure problem in signing H.R. 3648 -- The Mortgage Forgiveness Debt Relief Act of 2007, but the sub-prime mortgage problem continues to affect most markets nationwide. The critical next step is locating and certifying a ground army of concerned professionals who can reach out to the multitude of homeowners who desperately need relief.â€(read
entire article)
View : 270 Times
Category : Debt
Bgs3 Helps Distressed Home-owners
By: kenn lewis
Multiple news sources are reporting on the inflated increase of foreclosure filings in the second quarter maxing out at nearly 220,000 homes lost to bank repossession. The increase is up 14% from the first quarter, and 121% from the same period in 2007, hastily creeping up on experts’ original 2008 projections, which now seem highly optimistic and a best-case scenario for our nation’s real estate market.(read
entire article)
View : 301 Times
Category : Real Estate and Foreclosure
Bgs3 Helps Facilitate Both Homeowner And Lender
By: kenn lewis
BGS3 continues to be one of the fastest growing short sale and loss-mitigation companies in the country. Their unique approach, under Program 3648 (a national outreach program that connects certified real estate agents with distressed homeowners), assists both the homeowner in default and the depleted lender.(read
entire article)
View : 292 Times
Category : Real Estate and Foreclosure
Bgs3's Services
By: kenn lewis
Federal Reserve Chairman Ben Bernanke recently told bankers that more than 1.5 million subprime mortgages are due to reset soon, saying, “The situation calls for a vigorous response.†In addition to the much-publicized effect this has on American families, banks are facing a daunting amount of potential liability, even if only a fraction of these loans default. Citibank alone is potentially on the hook for nearly $90 billion. BGS3, LLC (also referred to as “the Companyâ€), is a wholly owned subsidiary of BiggerGains, LLC, and provides a comprehensive short sale system and a fully-tested business model that proactively answers the call for a “vigorous responseâ€. BGS3 makes the complex short sale process easy and efficient for agents, banks, homebuyers, and homeowners, while it simultaneously draws all parties together into a proprietary-paperless environment. BGS3 provides all the expert training needed for professionals, including an entire online library of instruction modules. These experts are then equipped to find individuals affected by foreclosure, coordinate all the people and entities involved, and efficiently implement the short sale solution. Realtors who sign up for BGS3’s services also receive hundreds of exclusive, non-public, and highly targeted short sale leads to facilitate this process and generate substantially increased closings. Homeowners across the country give their information to BGS3 through a variety of websites that offer them help. Through leveraging these leads, in conjunction with the Company’s finely tuned marketing letter, a realtor can expect a 5%-10% response rate from homeowners, whereas the typical response rate for direct mail is generally 1%.(read
entire article)
View : 324 Times
Category : Real Estate and Foreclosure
