Commercial Loan Modification Expert, Michael McDevitt of The Scovis Law Group, Featured in The Wall Street Journal

Online, June 23, 2010 (Newswire.com) - Michael McDevitt, of The Scovis Law Group and one of America's leading real estate finance experts, was recently featured in the Wall Street Journal showcasing the one big business idea given to business owners to help them thrive in our current economy. The experts featured are dedicated to spreading knowledge and awareness in their field of expertise and making significant contributions to their industry and the marketplace as a whole.

Michael McDevitt was chosen to appear on the show for his expertise and success in the field of real estate finance and loan modification. In 2005, Mr. McDevitt co-founded A&M Capital Funding Inc. and for two years operated an extremely successful operation. Since then, he has owned other successful businesses and has thrived as a young entrepreneur. Mr. McDevitt's main focus is now with Scovis Law Group, a full service Law Firm specializing in Forensic Loan Audits resulting in Loan Modification alternatives to consumers and commercial real estate developers, investors, and owners. Mr. McDevitt is actively involved in financing residential and commercial real estate and marketing transactions while continuing to make a name for himself in the Real Estate Finance Industry.

Mr. McDevitt has a philosophy of "partnering" with his clients every step of the way from the initial meeting through the funding process to ensure a clear understanding of his client's financial goals and objectives. With his commitment to outstanding service, Mr. McDevitt personally manages each critical step of the financing process while constantly monitoring alternative strategies until the deal is fully approved and funded. McDevitt will be participating with other selected celebrity experts across various industries in multiple initiatives over the course of the year and will be weighing in on key subjects to consumers and businesses alike.

Mr. McDevitt was interviewed about the current loan modification boom, and the perks it has to offer compared to traditional financing. "Very simply put - a loan modification is a renegotiation of the terms of your mortgage through your existing bank to modify the rate and terms of your mortgage, without the need to refinance," explained McDevitt.

"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," remarked Mr. McDevitt. "These people are going to be in a tight situation unless they do something quickly - and that's where we come in to play," McDevitt continued.

For more information about Michael McDevitt please visit www.ScovisLawOnline.com