NEWS

WIRES

OTHER

Consumer Advocates Group Recently Featured in Forbes.com and YahooFinance.com

Consumer Advocates Group which is a Firm that specializes in residential, commercial, and hard money loan audit services, has recently opened its doors to homeowners and consumers allowing the public to obtain these services directly from the source. CAG has been viewed as America's premier loan auditing firm to correspondent lending institutions, federal banking associations, law firms, wholesale lenders and direct lending institutions across the country. Consumer Advocates Group now wants to expand and concentrate their efforts on helping the general population more effectively obtain the mortgages they deserve to be in. This break-through company is led by a very effective and experienced management team that is sure to make a huge impact in an industry that is in desperate need of assistance.

Consumer Advocates Group is a national compliance management firm which provides professional, advisory, and consulting services to financial institutions, mortgage bankers, real estate attorneys, consumer lending entities, and homeowners. Our expertise addresses all critical areas associated with regulatory matters, compliance, and quality control. CAG can assist clients in meeting the oversight of regulators, fair lending mandates, and maintaining internal lending integrity and validation practices through independent quality control audits. Consumer Advocates Group provides you with the evidence and support you can trust to help you seek better modification terms, restructuring of new terms, principal or rate reduction, or continued discovery. With the greatest potential to alleviate "normal modification" setbacks and re-occurrence of default, qualified and objective evidence helps simplify negotiations and stay using the information and support provided by Consumer Advocates Group.

A 2006, FDIC Office of Inspector General Report revealed:

    --  83% of the institutions examined were cited for "significant" compliance
        violations
    --  43% of those institutions were "repeat offenders"
    --  85% of those repeat offenders were highly rated by the FDIC for their
        in-place compliance process

Our executive and management team consult best-selling authors and real estate brokers who are regularly sought out by the media to give expert opinions. Many have been featured on NBC, CBS, ABC and FOX affiliates as well as seen in USA Today, Newsweek, and the Wall Street Journal. Our management has a mission statement and passion for helping people and they are active in speaking with clients regularly.

There are millions of responsible families out there that make their monthly payments, and they fulfill their obligations, but they've seen their property values fall and are unable to refinance at lower mortgage rates. These people are going to be in a tight situation unless they do something quickly - and that's where we come in to play, a forensic loan audit is necessary in order to ensure a loan modification or workout will take place. We have successfully reduced principle balances and rates that are so significant that you would not believe me until you actually saw the revised terms yourself.

Consumer Advocates Group is in the business of helping home owners that are trapped in their mortgages to continue living the American Dream of home ownership. We are dedicated to providing solutions to homeowners experiencing trouble with their mortgage. We negotiate with lenders to find solutions that will reduce monthly expenses and allow owners to keep their home. During the process we will keep you informed, engaged and moving toward an early resolution.

For more information about Consumer Advocates Group, please contact us at 866-214-0750 or visit http://www.consumer-advocates-group.com.

SOURCE Consumer Advocates Group