(Click “More Info” to see full video script!) www.60MinuteLoanModification stay for a free CD on Mike Rockwood’s experience modifying 5 of his own home loans – and how you can too. Question Mortgage Modification questions on our forums at http For me, the housing market implosion became personal. If youre reading this condition its likely that the crisis has become that way for you, too. Never in history has so much wealth evaporated so rapidly. It became a global problem, too, as mortgage-backed securities and derivatives are traded on exchanges around the planet. Approximately 15 million Americans bought homes at the height of the housing bubble (from 2004-2006). Today they find themselves at Ground Zero in the housing crisis. Some experts say more than 8 million homes (16%) will go into foreclosure before 2012. Over 600000 loans were modified in 2008. That number is expected to quadruple in 2009. The burning question on the minds of homeowners today should be, How much and how rapidly can I modify my home loan? In 2005 I bought a long neglected home with huge dreams of rehabbing it for my own. It seemed like a sweet real estate deal and it was until the US housing market collapsed. Unfortunately, by that time I had already sunk $90000 into improvements, so I resigned myself to riding out the housing downturn. At least the home turned out lovely and my wife of 34 years was pleased. When my income declined too much, it became clear I couldnt meet my obligations. I racked …