Brian Lloyd Pikes Peak Colorado Area's Expert

The Obama administration's mortgage relief program has reached one in five eligible homeowners, a government report says, but most of those borrowers are on temporary trial plans that have yet to be made final.

As of the end of October, more than 650,000 borrowers, or 20 percent of those eligible, had signed up for trials lasting up to five months, the Treasury Department said Tuesday. The modifications reduce monthly payments to more affordable levels.

To make the change permanent, though, borrowers must complete a big stack of paperwork and show they can make their payments on time. At the beginning of September, only about 1,700 permanent modifications had been made. The Treasury Department expects to release updated data later this month.

"We're seeing some early indications that the servicers haven't done enough to get all the documents in," said Michael Barr, an assistant Treasury secretary.

Consumer advocates say banks aren't doing enough to follow through. "It's going to be the make-or-break issue," said Alan White, a law professor at Valparaiso University and a consumer attorney. The government, he said, will have to "crack the whip or consider firing some of these servicers."

Mortgage companies that are performing poorly, he said, should have their right to collect payments on loans revoked and transferred to companies that are doing the job better.

One legal challenge to the program was rejected this week, when a federal judge dismissed a class action lawsuit filed by a group of Minnesota homeowners who sought to block foreclosures in that state. The lawsuit claimed the program, failed to give people proper notice when they were rejected or the right to appeal.

U.S. District Judge Ann Montgomery dismissed the case Monday, saying the federal government has never made loan modifications an entitlement.

Mark Ireland, an attorney for the homeowners, said Tuesday that they're disappointed and will decide later whether to appeal, but also noted that the government has since made changes to the program that satisfy some of the borrowers concerns.

Launched with great fanfare in March, the plan got off to a weak start, but now nearly 920,000 loan modification offers have been sent to more than 3.2 million eligible homeowners. That works out to 29 percent, up from 15 percent at the end of July.

In California, about 130,000 homeowners have been enrolled in the "Making Home Affordable" loan modification plan, which President Barack Obama unveiled in February. That works out to about 19 percent of the state's homeowners who were either two payments behind or in foreclosure at the end of last month, according to Treasury Department data.

Two other hard-hit states, Arizona and Nevada had similar rates of assistance as California, at 22 percent and 18 percent respectively. Florida, however, was much lower, at 12 percent, possibly because of high numbers of investor-owned properties that don't qualify for the program.

Government officials say they are pressing mortgage companies hard to improve their performance. Still, many housing advocates have been disappointed with the $50 billion plan's progress and say that getting a loan modification remains a battle.

And economists doubt the Obama administration will reach its broad goal of helping 3 million to 4 million borrowers within three years.

Traditionally mortgage servicers were low-cost operations, with workers in collections departments trying to wring payments from tardy borrowers. Those workers, and thousands of new ones, are now engaged in a far different job - figuring out whether thousands of borrowers qualify for help.

Banks, for their part, have been slow to adapt to an unfamiliar climate of sinking home prices and rising unemployment.

My 2 Cents on all this and why Colorado or at least the Pikes Peak Area of Colorado home owners does not seem to be getting what they should.

Well they act like this is good news for people. I just want to tell you that people i have delt with in the Woodland Park Teller County Real Estate Colorado have not been having any luck with this. It seem's people that have been behind due to job loss or other unforseen issues have been getting a raw deal.

Most of them now have a new 30 year mortgage yes at a lower interest rate but the money they were behind was added back into the loan so now they lost the five or so years they were paying on the house and now are paying intrest on intrest for the next 30 years.

Here is what happened to one WELLS FARGO mortgage owner in Divide Colorado this person was behind on their mortgage to to unforseen issues. The person paid every payment he could when they did get some money. Then finally after almost a year with no luck finding any work this person found a job that they now could pay their mortgage on time. So the called Wells Fargo and explained (which the owner was always in contact with the bank) So Wells fargo set this person up on a 3 payment plan which was $150 a month higher than the current ppayments. This owner paid this ontime then the bank told them to call back and they would modify the loan. time pasted wells fargo sent a new modification (so called relief) stating what was owed before and now the new terms interest went down about 1% 11k late fees and all other back payments added to back of the loan not intrest free mind you which most of this money was already intrest and now this person has a new 30 year mortgage for more than they paid for the house five years ago mind you in a good market. So they called Wells Fargo and said this is unaceptable, Wells fargo in short simply said take it or leave it. $8336.22 more will be paid for this house when today as everyone knows this home is worth less than it was 5 years ago.

so all in all Wells fargo stands to make an extra $8336.22 on someone that had problems with there mortgage what is wrong with people today.

Mortgae Relief? come on.

Seems like the banks are making out hand over fist again.

What do you think?

Noah Biorkman
1141 Fountain View Circle
South Lyon, MI, 48178

because just sending one card can make the difference!

SOUTH LYON, Mich. -- The community and family of a 5-year-old South Lyon boy with cancer are celebrating Christmas this weekend.

Noah Biorkman has been fighting cancer since he was 3 years old. He was diagnosed with neuroblastoma in February of 2007, went into remission six months later but relapsed in September of 2008.

Noah is currently in hospice care and after his family asked for help in making this Christmas special for him by sending cards.

The 5-year-old said an angel figurine ornament was his favorite because it reminded him of where he'll soon be.

"In heaven, and I'm going to be an angel," Noah said.

His parents, Diana and Scott, said they have come to grips that their son won't make it until Christmas Day in December.

"We made sure he got to have Christmas ... my family dropped everything, they're bringing the food, everybody's coming and we're all excited to spend Christmas with him this week," Diana said. "His time is very short."

Santa along with the South Lyon Fire Department visited Noah Friday at the family's home.

Cards can be sent to:
Noah Biorkman
1141 Fountain View Circle
South Lyon, MI, 48178

Happy Holidays and may all your wishes come true

Brian Lloyd

FAST CASH $6 PAYPAL as seen on OPRAH and 20/20

I am a Realtor as you may see here by my website. Since things went in the tanks i have been paying my bills with income from doing this system i am going to show you here. I am going to show it to everyone i can since it was shown to me.

FAST CASH $6 PAYPAL as seen on OPRAH and 20/20

READ THIS, FOLLOW THE INSTRUCTIONS, PASS IT ON if you would like to make THOUSANDS OF DOLLARS and make your financial dreams come
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It's simple and it's safe.

FAST CASH $6 PAYPAL as seen on OPRAH
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At first I thought this was too good to be true...how wrong I was!! I decided to give it a go, it was only 6 dollars, so why not? Well I was astounded!! Money has been, and still is, coming to my account. **Proven by various, highly respected U.S. TV and Radio programs as being 100% legal, feasible and true. ** Oprah Winfrey and ABC's investigation team 20/20 also proved it can be done.
IF A 15 YEAR OLD BOY COULD MAKE $71,000 IN JUST 5 WEEKS AND OTHERS $250,000 IN A FEW MORE WEEKS -- SO CAN YOU!!!
THIS REALLY CAN MAKE YOU EASY MONEY!! IT WORKS!!! BUT YOU HAVE TO FOLLOW The LETTER FOR IT TO WORK!!!!

THE PAYPAL $6 DOLLAR MONEY-MAKING METHOD:
This is all you need:
1) An email address
2) A Pay Pal account
3) Then POST, POST, POST..........

THIS IS A 2009, CURRENT EMAIL LIST
Ever since the internet became popular, the word "scam" has become a daily term. I have never once tried any moneymaking "system" outside of this because of that very reason. However, after reading reports on the validity and reputation of this money making system (seen on Oprah, CNN, and other media forums) I gave it a try. Only hours after implementing this exact system I just about fell out of my chair as money ACTUALLY started rolling in. I couldn't believe it and for that reason, I became a believer in this system.

HERE IS HOW IT WORKS...
There is a list of 6 email addresses (you'll see it as you read further). Each of these people has already taken part in this system. When someone new comes along (such as yourself) he/she removes #1 off of the list, moves the other five email addresses up one position (i.e. #6 goes to #5, #5 to #4, etc.), and adds their Pay Pal email address in the 6 position. This process is what develops the power of compounding. The bottom line is this... Honesty and Integrity creates Profitability. Following this EXACT process is what creates the money, and that is why this system has been raved about. Altering the system creates weak results. The legality of this system comes from the idea that you are of course creating a mailing list, and a "service" is being provided (more on that later.)

INSTRUCTIONS:

STEP 1:The first thing to do COPY, PASTE and SAVE this entire post in word or notepad on your computer so you can come back to it later. After that, if you are not already a Pay Pal user you need to go to the Pay Pal website at https://www.paypal.com/ and SIGN UP. To receive credit card payments from other people you must sign up for a PREMIER or BUSINESS account (not just a PERSONAL account). This is highly recommended to allow others easy payment options. To place the initial $6 into your account, you will have to verify your bank account with PAYPAL (which may take a few days). PAYPAL is 100% secure and is used by millions of people worldwide.

STEP 2: Here is where the action occurs. Next send a $1.00 payment to each of the 6 email addresses on the current list from your Pay Pal account. To do this quickly and successfully, follow these simple steps:
1. Login to Pay Pal and click the "Send Money" tab near top of screen
2. In the "Recipient's Email" field type: the email address
3. In the "Amount" field type: "1" (your $1.00 payment)
4. In the "Category" field select: "Service" (Keeping it legal)
5. In the "subject" field type: "EMAIL LIST",
6. In the "message" field type: "PLEASE PUT ME ON YOUR EMAIL LIST". (By doing this, you are creating a service and maintaining the legality of the system by "paying" for the service.)
7. Finally, click on the "Continue" button to complete the payment.
8. Repeat these steps for each of the 6 email addresses. That's it!
(By sending the $1.00 payment to each address, you are implementing the compounding POWER of the system. You will reap what you sow! )
Here is the current e-mail list:
*************************************************
The email list:
1) chriss4mini@hotmail.com 2) brian@wegwood.com
3) ddheaden@yahoo.com
4)bobbi.hayes@rocketmail.com 5) shasco1462@yahoo.com
6) interactive69us@yahoo.com

STEP 3: Now take the 1 email off of the list that you see above (from your saved file), move the other addresses up (6 becomes 5, 5 becomes 4, etc.) and add YOUR email address (the one used for your Pay Pal account) as number 6 on the list. This is the only part of the document that should be changed. **Make sure to use the email address you registered with Pay Pal**

STEP 4 now post new file created in STEP 3 to at least 200 newsgroups or message boards. Keep in mind that there are tens of thousands of groups online! All you need is 200, but remember the more you post the more money you make - as well as everyone else on the list!
Use Netscape, Internet Explorer, Fire fox, Safari, or whatever your internet browser is to search for various news groups, on-line forums, message boards, bulletin boards, chat sites, discussions, discussion groups, on-line communities, etc.

For example? Log on to any search engine like yahoo.com or google.com and type in a subject like 'MILLIONAIRE MESSAGE BOARD', MONEY MAKING DISCUSSIONS', 'MONEY MAKING FORUMS', or 'BUSINESS MESSAGE BOARD', etc. You will find thousands and thousands of message boards. Click them one by one and you will find the option to post a new message. Fill in the subject, which will be the header that everyone sees as they scroll through the list of postings in a particular group, and post the article with the NEW list of email addresses included. THAT'S IT!!! All you have to do is jump to different newsgroups and post away. After you get the hang of it, it will take about 60 seconds for each newsgroup.

HOW THE MONEY WORKS:
When you post 200 messages in various forums, it is estimated that at LEAST 15 people will respond and send you a $1.00 ($15.00). Those 15 will Post 200 Posts each and 225 people send you $1.00 ($225.00), etc. through 6 levels of email addresses. For comprehension purposes, here is an easy viewing chart:
1) 15(1) = 15 people ($1) = $15
2) 15(15) = 225 people ($1) = $225
3) 15(225) = 3375 people ($1) = $3375
4) 15(3375) = 50625 people ($1) = $50625
5) 15(50625) = 759375 people ($1) = $759375
Within a few WEEKS you begin to see results, thanks to the speed of the internet! When your name is no longer on the list, take the latest posting in the newsgroups and begin the process again. Simply amazing...Follow the system as described, and enjoy your PROFITS!!!
REMEMBER... HONESTY AND INTEGRITY = PROFITABILITY
YOUR NAME COULD CYCLE FOR A LONG TIME!
THIS MAKES IT THE GIFT THAT KEEPS ON GIVING.
REMEMBER, THE MORE NEWSGROUPS YOU POST IN, THE MORE MONEY YOU WILL MAKE!! GOOD LUCK!!

Remember that most news servers will leave the posted messages on there servers for about 2 weeks. If you will post your message again, it WILL again start from the beginning. So you can repeat this over and over again. There are tons of new honest users and new honest people who are joining the Internet and newsgroups everyday and are willing to give it a try. Estimates are at 20,000 to 50,000 new users of the Internet, every day.

!!!!! REMEMBER!!!!! Follow every step, and IT WILL WORK!!!
Make Today A Great Day

People seem to be waiting for some huge downturn. Well i would like to tell you that it has already happened and it is about to head upwards again real soon in the Pikes Peak Area of Colorado anyway.

Some of the best deals i have seen in years are available and only a select few are snatching them up, i wonder why more people are not buying investment and second homes in this PERFECT time for buying? Are people that worried that the world is going to end or is it just simply because the news media is making people paranoid, well what ever it may be people are missing the boat. It is to bad really because deals and interest rates like this only come around for most of us once in a lifetime.

People are going to be kicking themselves that they did not take advantage of these great deals when they were still around. My prediction: Summer of 2009 prices will quickly increase in this area and people will be buying investment properties to late to make the big money. I have sold homes this past year for 50% less than what they sold for just a year or two earlier.

So to the people that are buying in this time i can not wait to hear your stories of how much money you have made in such a short time, Why because i am right there with you and i cant wait to tell people how i doubled my money in a year or 2. For the people thinking the world is going to end i feel bad for you and i wish you well but if you do not take a chance you will never be well off, But if you like working for other people and just pay your bills more power to you.

To most people this whole post may sound rude but i just wanted to make sure that i did all i can to let people know this is the time to buy investment or second properties in this area. If you are ready let me know i have tons of great deals right now just waiting for you.

Just click on this link and have a look at some of the great properties you can make some money on.

Colorado investment Properties for sale in the Pikes Peak Colorado Area

Ok now is your chance voice your opion what do you think? How is your area and where are you located?

Brian Lloyd ABR / E-Pro / Realtor / Broker 719-243-4057 www.Briansproperties.com

It's a great time to buy your dream vacation home--that retreat by the sea or in the woods where you one day might retire. Mortgage rates are low, prices are down and boomers will resume shopping for retirement retreats soon.

But, only in certain areas like the Pikes Peak Area of Colorado. Prices in certain overbuilt Sunbelt areas, such as Phoenix-Mesa-Scottsdale and parts of Florida, are expected to fall another 20% or more and won't begin to recover until 2011, Moody's Economy.com predicts.

Then there are foreclosures. Fort Myers, Fla., has one of the highest rates in the country. Prices have plunged 31% from their 2006 peak in this balmy corner of the Gulf Coast, which includes Naples and Coral Beach.

In Depth: Top Tips For Vacation Home Buyers

This sort of drop has brought a slew of problems. A quarter of the houses now on the market there are short sales--where, for example, a home is listed for $250,000 but the seller owes $300,000--says Connie Gustafson, an agent with Prudential Florida WCI Realty. Buyers may be getting a bargain, but short sales are notoriously difficult to close. Lenders are holding up transactions, sometimes for months, rather than committing to taking a loss on the loan.

"We can't get a solid number out of them until we get an offer," she says of cautious lenders. With 14,600 existing homes for sale in Fort Myers, and thousands of half-finished condos, Moody's Economy.com believes prices will continue falling for another two years.

Sunnier Skies
Contrast that with Napa, Calif. Prices in wine country are back to 2004 levels. Foreclosures in the newer exurbs of San Francisco mean you can buy a house for less than $500,000--something almost unheard of a few years ago.

If you want to live close to Napa's legendary vineyards and within driving distance to San Francisco, half a million won't buy you much, but you will be buying something unique: Land-use restrictions prevented the kind of rampant overbuilding plaguing Florida, Nevada, Arizona and Southern California and that will support a recovery in Napa.

But whether Napa is a bargain depends on your budget; most second-home buyers in wine country are looking at small vineyards, gated golf-course communities or historic homes in Napa city where prices are well over a million.

If Napa is too pricey, your money will go further just about anywhere else in the country. Woodland Park, Co., around the corner of Pikes Peak, has beautiful weather in the summer, any pretty mild snow fall in the winter (120 inches last year) and mountain views everywhere.

One California couple recently sold their vacation home in Lake Tahoe, Calif., for $670,000 and traded down to a four-bedroom vacation house in the Pikes Peak Area of Colorado for $250,000, says Brian Lloyd, a local Realtor in Colorado. The Mountainus area is a favorite getaway for residents and vacationors alike.

Many bargain hunters go straight to the most bottomed-out markets. But some of the best values aren't necessarily where destruction has been the greatest.

How is the weak housing market affecting your community? Weigh in. Post your thoughts in the readers comment section below.

If you're ready to look for a year round cottage or mountain retreat in the Pikes Peak Area of Colorado contact me today and let's get you in while the gettings good.

Brian Lloyd 719-243-4057