Help Me With Sign Illinois Banking Contract

Help me with industry sign banking illinois contract

hello thanks for joining me we're gonna talk about coming mortgage foreclosure crisis well it's not necessarily coming however all the economic indicators are flashing a lot of recessionary signs I was just listening to a call today from Steve Jobs's follow-up Tim Cook who is explaining why there are missing numbers and Apple is a good bellwether for the general economy that china sold off the yield curves inverting fortunately the Fed has indicated that they might stop raising interest rates so quickly but as those interest rates continue to go up and the job market can really only slip and so it behooves you to prepare for the coming mortgage foreclosure crisis and there really won't be that much of a crisis unless oh and of course you know how much will be how much will the market grind to a halt it doesn't look like it's going to be all that bad but the important thing is you protect yourself and the way that you do that is through a workout agreements because you have time then and you go over a loan which is already faulted so what can you do to clean that up and there's various things one of the most important is to check the mortgage check all the mortgages the commercial ones and make sure that right of waiver right of redemption is in there you don't want to be waiting around six months when you're trying to liquidate your collateral and after that you know police the collateral make sure that your security interests are valid and the highest priority that you can get make sure they're as broad as possible you know sometimes personal property is not included because you think you're going to get paid back and alone is extremely secure you know you know write it down as a one or two on the on the risk rating and that all of a sudden you know you informed you that there's a divorce he or she anybody could be a businessman right and then two three years down the line and I'd say that sure thing turns out to be at that man nobody wants that everybody wants to avoid it they want their loans performing safe and sound banking principles that's the most important thing so get ready for workouts because workouts are going to allow you to tighten up any gaps that are in the loan documents you do a complete review of them sometimes workouts can get really ugly once they're past their ripeness you know first workout fine second third six this long has been a workout for 10 years you're just asking for some trouble there because they'll hire a lawyer and you've already hired one because you've gone through six workouts the important thing is to see how effectively you can limit your your risk toward litigation and also that other time I mean those times to negotiate that workout may perhaps there's benefits because it'll allow you to increase the collateral pace as much as you can which is always a great thing in case things go south but the other thing that you might want to look at is how your attorney is mechanized and by mechanized the mortgage foreclosure law is statutory and there are entitlements that only apply to the mortgage foreclosure law and not other laws so you to a certain extent should be able to turn it into a machine after a practicing and studying computers for a number of years yeah that was that was how it is here's the steps here's everything we're gonna do it should take this long it should cost this much that's the way it should be and hopefully that's what your lawyer is giving you if not well you can always visit me at the collateral base maybe I'll take the call maybe one thing I can't help the bank out with though digital marketing just liked it take a minute to say well welcome to my my home office it's not the office office so you might be saying well this guy's a little unprofessional no that's not it that's not it you know I just rigged all this stuff up and there's also less volume at the home office I also had the start-up office we're the digital marketing company is helping businesses find more customers every day and it's a growing industry that's just just beautiful and it helps me find my target clients I like banks I also like businesses especially growth ones that have tech appreciation and tech issues so I mean the banks would fall into that especially when it comes to their terms and conditions their privacy policies all those things that you need and the banks they they do a lot online and they're SSL Certificates are really good some of them some of them I see it I'm like wolf who's doing this for you you know but either way I hope that you guys had a very good 2018 and 2019 foreclosures will take up defaults will take up cuz interest rates will tick up and it's just correlation I'll happen interest rates go up defaults go up you know it also usually happens around this time the first of the year legal fees go up because people like to raise them every year not here at the collateral base we're gonna do a promotional offering and still give those same flat fees for commercial foreclosures and also the initial review to make sure that the workout agreement is put into place hopefully you're all doing great and put this into an email and maybe you just haven't seen me in a while and I'm pretty darn sure that you know 99 100 percent of you haven't watched but if you have thanks man give me a call