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Foreclosure Consulting Businesses to Rescue Lenders in the Future

03-10-2008 07:47 PM CET | Industry, Real Estate & Construction

Press release from: Ransom Enterprizes, LLC

/ PR Agency: Mosnar Communications, Inc
Foreclosure Consulting Businesses to Rescue Lenders in

Atlanta, Georgia – Ransom Enterprizes, LLC a leader in foreclosure consulting training predicting that banks and mortgage companies will call on foreclosure consulting businesses with successful track records to manage foreclosure crisis. Citing that foreclosure consulting businesses that are able to assist homeowners to prevent foreclosures will be useful resources for banks and mortgage companies.

RealtyTrac Inc reported that nationwide there were some 233,001 homes that received at least one notice from lenders last month related to overdue payments. Compared to a year earlier there were 148,425. The report also showed that Florida posted the highest foreclosure rate among metro areas in the nation, having one of every 86 homes rank in some stage of foreclosure. Stockton, California was bumped from number one to number two, having one of every 97 homes ranked in some form of foreclosure filing. Riverside and San Bernardino counties in Southern California came in third with one of every 101 properties in a foreclosure status.

“The foreclosure consulting businesses that are successful and established will be able to leverage outsource relationships to help banks and mortgage companies stop foreclosures,” stated Kyle Ransom, President of Ransom Enterprizes, LLC.

According to Ransom their firm has trained individuals and companies in every State on how to start and operate foreclosure consulting businesses. Stressing that there are too many scam operations and investors who only seek to retain ownership of troubled properties. Their focus is on training individuals and companies how to serve as the liaison between the bank and the homeowner to help the homeowner keep their property in their own name and stop the foreclosure. Ransom says that building relationships with banks and mortgage companies to help them prevent their borrowers from foreclosure is an asset. He feels that once individuals and companies are properly trained to operate as foreclosure consultants, banks and mortgage companies will consider outsourcing them for loss mitigation or forbearance services.

To learn more about Ransom Enterprizes, LLC foreclosure consulting business training visit:

http://www.ransomllc.com/foreclosuresforprofit.html

Ransom Enterprizes, LLC
3645 Marketplace BLVD Suite 130-208
Atlanta, Georgia 30344
(404) 696-4833

Ransom Enterprizes, LLC specializes in pre-foreclosure prevention and training consulting. The firm offers a foreclosure consultant training program that shows how to represent persons in pre-foreclosure situations and how to work with mortgage lenders and banks.

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