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Dunwell Financial Solutions Sees Modified Mortgages on the Rise Ahead of State of the Union Address


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© Business Wire 2010
2010-01-27 13:45:01 -

Dunwell Financial Solutions, LLC, a leading mortgage modification company made up of banking professionals, believes the big banks are making progress in adapting to US President Barack Obama’s HAMP program in keeping homeowners in their homes.

Steven Chitkara, a Managing Partner of Dunwell Financial Solutions, and his two partners were there when the HAMP program was first introduced by the Obama administration. “We’re helping both the banks and the homeowners. We know how bankers think, and we understand the HAMP program in depth. That’s what enables us to mediate successful mortgage modifications between the lender and the borrower.”


The HAMP program plans to target close to 4 million Americans across the country. According to recent date released by the US Treasury,

the HAMP program successfully modified 66,465 first mortgage loans as of December 31, 2009, and close to 800,000 more in trial plans.

US State Senator Raymond Lesniak of the 20 th District for New Jersey hears stories of hardship from his constituents in the Elizabeth, Kenilworth, Roselle, and Union Township areas, everyday. “I look forward to hearing President Obama deliver his State of the Union address to the American people and specifically, address the government’s role in the HAMP program. My team and I are committed to keeping families in their homes, contributing to the state economy, and maintaining stability in the housing market.”


In New Jersey, filings for new foreclosure, year to date in December was over 63,000. In December, there were over eight hundred foreclosures in Bergen County, which includes areas such as Ridgewood and Paramus, as there were in Union County, which includes areas such as Elizabeth and Westfield.



About Dunwell Financial Solutions, LLC: Dunwell Financial Solutions, a leading mortgage modification company made up of banking professionals with an intimate understanding of the HAMP program. Its multilingual experts are able to unite the requirements of the lender under HAMP with the needs of the borrower through a sophisticated mediation process that leads to successful mortgage modifications. For modifying your mortgage, please visit www.dunwellfinancial.com : or call us at 1-888-988-7776. Se habla Espanol.



Dunwell Financial Solutions, LLCJurene Yarwood, 201-469-6866Partner pr@dunwellfinancial.com : mailto:pr@dunwellfinancial.com orUS
State Senator Raymond Lesniak, NJ, 20 th DistrictAmy

Naples, 908-624-0880Director of Communications amyrnaples@gmail.com : mailto:amyrnaples@gmail.com


Author:
Hossam Abdel-Kader
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