Released on = December 9, 2005, 8:22 pm

Press Release Author = OneBetter Mortgage Corp

Industry = Real Estate

Press Release Summary = OneBetter Mortgage Corp, a Registered Mortgage Broker with
the NYS Banking Department has developed a program in conjunction with third party
lenders to Stop Foreclosures. The program provides new mortgages for the mortgage
in default

Press Release Body = With the rising costs of fuel, unemployment, illness and many
other factors sometimes very good people have very bad problems such as a mortgage
foreclosure. Historically Chapter 13 was a simple way to get a chance to pay back
the mortgage arrears. The new Bankruptcy Law effective October, 2005 has changed
all that. In an attempt to solve this problem, OneBetter Mortgage Corp, a Long
Island Based Licensed Mortgage Broker which is registered and bonded with the New
York State Banking Department has developed a Stop Foreclosure program with several
third party lenders where home owners can apply, for free, to see if they can get a
new mortgage and thereby stop the foreclosure on their home. OneBetter Mortgage
Corp is located in Great Neck, New York. Details of this program can be found on
their web site: www.OneBetterMortgage.com, by email inquiry to
StopForeclosure@OneBetterMortgage.com or by telephone call to: (516) 482-3399.
Consultation is always free. Y
ou can apply on line for free or call for a free consultation and a free price
quote. The problem with many other Mortgage Brokers is that they have not entered
into agreements with Wholesale Lenders who look beyond the FICO score. At
OneBetter we have selected third party lenders who understand that there are
problems that do not depend upon a FICO score or credit history to solve. People
with poor credit. People with bad credit can still get loans. At OneBetter we are
advocates of equity over credit. Our founder, Norman M. Mendelson, Esq. is a
practicing Bankruptcy Attorney and has been practicing for the past 37 years.
Historically, no credit counseling was required in order to file a Chapter 13.
That has changed. Now those who wish to file a Chapter 7 or Chapter 13 must
satisfy the credit counseling requirements of the new Bankruptcy Code. Credit
counseling is NOT required to get a new mortgage and unlike a Bankruptcy, a new
mortgage will not negatively impact your cre
dit for the next ten years.

Web Site = http://www.OneBetterMortgage.com

Contact Details = Norman Mendelson