The leading nationwide short sale and loss mitigation advisory firm, noted a recent increase in lender cooperation in regards to loan modifications.

Woodland Hills, CA (PRWEB) April 17, 2008 -- I Short Sale, Inc. (ishortsale.com), a leading nationwide short sale and loss mitigation advisory firm, noted a recent increase in lender cooperation in regards to loan modifications.

"We have noticed a significant change in lenders' attitudes, which has allowed us to get more loan modifications approved, and keep struggling borrowers in their homes," stated Eli Tene, President of I Short Sale. "Our main priority is doing what is best for the homeowner. If we can negotiate favorable terms to keep them in the house they love, than a short sale becomes a secondary option."    

At a time when home values are continually declining and an increasing amount of homeowners are unable to stay current with their mortgage payments, I Short Sale's loan modification program is a timely solution. "It was important for me to stay in the house that my children grew up in," says Meir Levi, a Southern California homeowner who used I Short Sale. "After endless, futile attempts to reach my lender, I decided to get help. This turned out to be the right decision."

"Our strength comes from our experience and access to the lenders," stated Raffi Tal, COO of I Short Sale. "With over 18 years in the business of doing loan modifications and short sales, and a daily increasing volume, you tend to see each deal from all sides of the transaction and know how best to get the desired result."    

I Short Sale's approach differs from most loss mitigation advisory firms in that they work hand in hand with the lender to structure the most favorable solution for all parties involved. "We do not call the lender and request a loan modification without a suggestion on how best to accommodate. As our staff includes many professionals with servicing backgrounds, we offer resolutions and various financing structures to support the lender, as well as the borrower," notes Tene. "The lenders that have been receptive are rewarded not only via increased portfolio performance, but also by the satisfaction of being morally responsible and keeping borrowers in their homes."