FreeHAMPreport.com Offers The First Completely Free Loan Modification Software

Online, July 21, 2010 (Newswire.com) - FOR IMMEDIATE RELEASE: July 20, 2010 -- Ft. Lauderdale, FL July 2010: A year ago President Barack Obama created the $75 billion Home Affordable Modification Program (HAMP) to stop or at least slow the record wave of foreclosures. The program has been labeled a failure due to massive confusion and mismanagement. Among the problems has been paperwork snafus, staffing shortages at lenders and mortgage servicers and homeowners who fail to properly fill out applications and often submit incomplete paperwork.

As the government constantly tinkers with HAMP to improve it, can anyone rescue the program, make it successful and actually start to curb the foreclosure plague? Enter freeHAMPreport.com, the free site that determines a person's eligibility for the HAMP. (http://freeHAMPreport.com). "While other free reports out there aren't entirely free, there is no charge or commitment to see if you're eligible for HAMP or potentially an inhouse lender program," said Jonathon Ende, founder and CEO of freeHAMPreport.com. "If you are eligible and want to use the site to create the report, then with the click of a button a complete lender ready custom package can be automatically populated in minutes, each including a complete proposal, client checklist, as well as all Federal HAMP and lender specific forms required."

freeHAMPreport.com was designed by a team of industry experts, is commitment free and in less than 15 minutes can walk you through the entire process, giving critical warnings and tips along the way in order to assess whether you are potentially eligible for a modification.

"It's a win for everyone. freeHAMPreport.com charges companies for ads and sponsorships rather than the struggling homeowners. In addition, we also include a patented built in software that will let the user know if they are eligible for additional financial assistance!" added Jason Saltzman, co founder and Chief Marketing Officer. "We believe that we are the guiding light for loan modifications which will allow struggling homeowners to help save their homes and their families."

In addition, to a free lender ready HAMP or lender specific package the software also gives unlimited access to its Success Dashboard(tm) for one year in which it gives tools to help clients follow up on their own such as the conversation log to track correspondence, a document manager to upload docs, and a to do reminder list to receive email reminders of when to follow up with the lender!

freeHAMPreport.com also offers FREE customer service via chat, telephone and email. They can be reached toll free at 877-HAMP-4-YOU.

For more information please visit http://freeHAMPreport.com. For Press Inquiries please email [email protected].
# # #