November 27, 2011
Produce The Note is a new way to legally stop a foreclosure seen on good morning america where home owners are demanding the banks that are foreclosing produce the note. This is to ensure that they legally are the ones that are the ones who have the note to foreclose your home. …
Filed under Produce The Note Foreclosure by 
Nomis Solutions releases Price Sensitivity Score for US and Canadian banking customers enabling banks to make better marketing and pricing decisions. Use of the Nomis Score results in more competitive pricing and 10 to 20 percent increased profit per customer for early adopters.
Nomis Solutions, the leading provider of Pricing and Profitability Management solutions for financial services companies, announced mainstream availability of its Nomis Score for Price Sensitivity Estimation today. The Nomis Score accurately assesses how much individual consumers evaluate the interest rate or fee components of a financial product when seeking or using those products. It is applicable to mortgage, home equity lending, credit cards, auto loans, personal loans/lines, savings, and deposit accounts. Consumers with high scores are more price sensitive while consumers with lower scores focus on product features, brand, convenience, and service offerings rather than price alone.
“We are very excited to bring this innovation to market as banks struggle to find profitable ways to set interest rates and fees on products while maintaining fair lending practices,” said Frank Rohde, CEO of Nomis Solutions. “Industry feedback and consumer focused regulation mandate that banks understand empirically what consumers really value and how much they are willing to pay for different products and services in order to avoid unfair, deceptive, and abusive lending practices. The Nomis Score provides lenders with a consistent and unbiased analytic approach for understanding how consumers value price amongst other features of the credit offering.”
“As banks are changing the way they price following the Card Act, Regulation E, and the Durbin Amendment, an empirical understanding of price sensitivity is critical at the point of origination and throughout the customer lifecycle. Applying the Nomis Score to marketing and pricing decisions has improved our customers’ profits by 10-20% in a tough credit market.”
Derived from years of research on consumer behavior and validated across key retail banking products, the Nomis Score is currently in use by several large banks, including 3 of the top 10 North American banks. For a detailed whitepaper on applicability and use cases of the Nomis Score, as well as a heat map of price sensitivity for US regional markets contact Nomis Solutions.
For more information about the Nomis Score, please contact jennifer(dot)horn(at)nomissolutions(dot)com.
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Posted On: San Bruno, CA July 15, 2011
Filed under Forecast by
November 22, 2011
The banks have sold and resold mortgages so many times a huge number of banks no longer actually have any legal claim to property they foreclose on. It’s time we stop the banks from literally stealing property they have no right to take. They get away with it because most people have no idea the fraud that is being committed against them and because most people do not have any legal representation or due process of law. Please help us put an end to the gutting of America by the global banking cartels by joining the efforts at The Kick Them All Out Project www.KickThemAllOut.com
Filed under Produce The Note Foreclosure by
Curtis Greco, Author and Economic Policy Analyst, continues to push the media envelope in his quest to offer solutions for addressing several critical economic policy issues. High on The Imperfect Messenger Foundation’s OnPoint Topics is the collapsing Residential Real Estate Markets and the Oppressive Mortgage Burden that fuels its failure. In a recent interview, Greco is quoted as saying: “Let’s be quite clear, there is no escaping the fact that if the goal is to preserve both the Housing Market AND the Mortgage Debt then there is no solution; there is no way to accomplish both at the same time. To believe so would also then suggest that one can stay dry in a monsoon by stepping between drops of rain!” Without question, The Imperfect Messenger Foundation strongly encourages the Administration and Congress to look at Greco’s suggestions. Second only to Job Creation Capabilities, a stable Residential Housing Market is an absolute necessity.
As Curtis Greco’s followers continue swell and along with his growing media presence, America is awakening to a an entirely new brand of commentary. Victor Sills, who follows Greco through Twitter, says: “He’s truly remarkable, he doesn’t simply pay lip-service to a news topic, he actually talks solutions, viable make-sense solutions. I particularly like being able to pick up his on-air interviews. It’s great that a growing number of radio stations from all over the country are streaming his interviews live. The call-ins are great too, I’ve never heard him duck a question; he hits them head-on. The one I heard the other day on fixing the Mortgage mess was absolutely brilliant. I hope someone in Congress heard it.”
Greco’s most recent article, Restoring the U.S. Housing & Mortgage Markets, tackles the subject in his customary comprehensive approach and for anyone looking to gain an in-depth perspective on the issues and solutions, we heartily recommend the piece. As Bill Galston, a senior fellow at the Brookings Institution and a former Clinton administration official, mirrors Greco’s position in his recent statement: “The impact of foreclosures is visceral and outsized, rippling far beyond one household….Entire neighborhoods see what’s going on and the visibility contributes to the psychology of continued economic troubles.”
In a recent On-Air visit with Jim Sandell, Host of 11 O’Clock Live on KDAZ Radio, Curtis hit the cause of the problem by stating: “There exists and anatomically incorrect component that is common to all Government Induced Failures and one whose cause is so surprisingly pure and simple it stings the mind that so few people and so-called experts seem willing to grasp their core flaw. It is both the reason for the crisis and the very reason why it remains unresolvable and one might summarize the core flaw in this way: Failure is assured when there is no Risk of Loss attached to Performance Failure!” The result of which, as Karl E. Case, co-founder of the Case-Shiller Home-Price Index, recently remarked, “Housing; it’s not the American dream, it’s the nightmare.”
Greco went on to say that, “At this point what should be clear to any party of concerned interest is that the Vested Interests attached to the Mortgage and Banking Structure of this Nation are not at all interested in preserving the American Household. It is not so much that they are decidedly adverse to the idea however it is more so that they are more interested and consequently supremely dedicated to preserving the Financial System.” Richard K. Green, director of the University of Southern California’s Lusk Center for Real Estate, appears to resolve to a similar conclusion as well; “The only way we get out from under as a country is if people have equity again.”
Greco’s articles can be seen with regularity in various publications however feel free to source and view each of his commentaries online at The Imperfect Messenger Foundations website.
The Blind-Vision Series: We Hold These Truths, Value Given, Value Received and Valor in Prosperity 2nd Edition are Available Now online and through your local bookseller!
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Who Is?
Curtis C. Greco, Author & Founder of The Imperfect Messenger Foundation is a provocative and engaging speaker and writer covering a variety of topics including “kinetic behavioral dynamics” and socio-political, economic and corporal philosophies. Combining his commitment to life-long study, his formal education, 13 years in public accounting and 20 years in real estate portfolio management, development, financial and economic analysis; he brings a broad and seasoned knowledge base in dynamic and captivating form.
“Man must be Free for Independence to be at Liberty to be expressed!” C. Greco
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Posted On: Santa Rosa, Ca. September 21, 2011
Filed under Real Party In Interest Foreclosure by
November 1, 2008
The Bailout is not turning out to be the broad sweeping help to the majority of homeowners in foreclosure that many hoped it would be. The word on the street (both Wall Street and Main Street) is bankers are giving little serious thought to using the bailout money they will receive from the 700 billion dollar program to help homeowners in foreclosure, but are rather planning on using the funds to better their own financial conditions.
We shall see in the long run, but don’t wait for something that may never happen for you. The bailout money will not cover all situations of people in foreclosure. Don’t become part of some bailout fallout waiting for a bailout that may not cover your circumstances. Get the reliable help you need today while there is still time to stop your foreclosure, because time is always short in foreclosure situations. Chat or Get your Free info today!
Filed under Foreclosure, foreclosure chat, foreclosure help, foreclosure solutions-1 by
