Revised Client Package 10 12 20091

8/14/2019 Revised Client Package 10 12 20091

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Customer Enrollment Package

Clients Name: Gladys Mercado

THE U.S. MITIGATION SERVICE would like to congratulate you on your decision to takecontrol of your financial future and for allowing us to provide you with some of the mosteffective solutions to solving your pending real estate problem. As a valued THE U.S.MITIGATION SERVICE customer, you can be assured that we will be available to answer allyour questions and concerns throughout the negotiation process. As you regain control of yourpersonal finances, THE U.S. MITIGATION SERVICE will make this as easy and painless aspossible. Our refund policy is based on that there is no breach of policy with you the client andkeep in mind if we cant resolve your modification to industry standards we will refund 100% of

your money, GUARANTEED!

The easy enrollment process needs to be completed for us to begin the negotiation process. Onthe following page you will find an enrollment checklist for your reference. Please followinstructions on the checklist, and be as detailed as possible when filling out the enrollmentpackage.

A checklist has been provided for your convenience showing all documents that are necessary tobegin the process. Please follow the instructions on the checklist to ensure the proper completionof your file. We have your preliminary file Therefore, it is important we receive these documentsvia fax or mail no later than: 3:00pm PST on the second delivery day after receiving this

package. Once again, THE U.S. MITIGATION SERVICE would like to thank you for yourdecision to allow us to help you work through this difficult time. To Your Success!

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Thank you for entrusting your home to The U.S. Mitigation Service, LLC! We look forward toworking with you and keeping you in your home. Our goal is to make your mortgage affordable,not just today but for the life of your loan.

As homeowners ourselves, we recognize the stress that an unaffordable mortgage puts on youand your family. As such, each and every one of our owners, employees and affiliates iscommitted to working with your lenders to expedite your loan mediation and get you into amortgage that you can afford. Our client-centered mediators work with you, keeping youabreast of developments in your case to make this time as stress-free as possible. Unlikefactory modification companies that submit the same modification proposal for every client,our mediators tailor the workout plan to fit your individual loan, even if it means negotiatingcreative solutions with your lender. While this takes a bit more time and much more effort,finding a way to keep you in your home is worth it!Our client-centered approach isnt the only thing that differentiates us from other loanmodification companies. In addition to our mediators outstanding customer service, The U.S.

Mitigation Service actually retains negotiators on your behalf to perform a mortgage audit toidentify federal and state legal violations which provide grounds for legal action, should youchoose to pursue it. These negotiators deal with lenders like yours every day and bypass thenormal red tape associated with loss mitigation departments. Also, if legal violations are found,you have a choice of pursuing litigation, thereby maximizing your monetary recovery, or merelyallowing us to use the violations as leverage to get you the best possible modification. Whilenearly every one of our clients opt for modification over costly and time consuming litigation,we let you decide which avenue works best for your situation. For the same price or less thanother mitigation companies charge homeowners, The U.S. Mitigation Service pursues everyavenue possible to save your home.

Our SOLE focus is on you, the client. As such, we are only concerned about your financialfuture, not the Lenders. We work for you our client with no up front fees. Our counselors accessyour situation, we do a pre-qual to make sure you actually qualify, and then contact your lenderand go over your file, and then share all of the information with you so you can decide if youwould like to go to step two. And keep in mind if you choose to stop the process there isabsolutely no charge for the work already completed.

During this process, it is essential for you to feel comfortable with the process and with yourmediator. Please do not hesitate to contact us at any time, even if its just to ask a quick questionor get some peace of mind. We look forward to working with you!Sincerely,

K.Michael KinsesK. Michael Kinses, CEO/Pres.

The U.S. Mitigation Service, LLCOffice 714-683-0500 Fax 714-683-0550 [email protected]*A benefit to your situation is based on a common sense evaluation of where you were and what this process hasdone to help to lessen your hardship in these unique times. Each file is based on its own merits which reflects in the

offer from your lender, as such we can not deal in exacts on the outcome. We can share some of our pastexperiences but in law we can not guarantee to guarantee. In closing, for our company to acceptyour case, we are expecting a favorable outcome. 9/2009
mailto:[email protected]:[email protected]


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REQUIRED DOCUMENT LIST

First Loan Number: ______________________ Banks Name:_______________________________

Second Loan Number: ____________________ Banks Name:_______________________________

Third Loan Number: _____________________ Banks Name:_______________________________

In order for Loan Modification to begin, you will need to provide us with all the following information. It isEXTREMELY important to submit a complete package because missing information will delay the processing of

your request. Please check of each item as you complete it and/ or gather it for your package.

Please rush this info to your [U.S. MITIGATION SERVICE] representative as quickly as possible. Please allowtime for the processing of your paperwork. Loan modification is carefully achieved through correspondence with

your lender.

Please attach this sheet to the front of your request package.

EXPLANATION OF FINANCIAL HARSHIP- This form allows you to explain in detail the reason behind yourfinancial situation. In addition to filling out this form you will need to provide any and all proof of your hardshipclaim, such as medical bills, death certificates, unemployment stubs, and divorce decree, etc. If there is more thanone borrower each person needs to complete a separate form.

COPIES OF MOST RECENT PAYROLL STUBS- Please provide copies of pay stubs for the month mostrecently worked for both the borrower and co-borrower. (IF SELF EMPLOYED) COPIES OF MOST RECENT FEDERAL INCOME TAX RETURN- Providecopies of original and dated tax returns, including all schedules, for the most recent tax year for both borrowers.

COPIES OF YOUR MOST RECENT BANK STATEMENTS- Please provide copies of the last 3 months bankstatements for all accounts, please provide ALLpages front and backs if necessary. If you need help obtaining yourstatements either online or by phone see your representative for help.

MORTGAGE COUPONS- Include all correspondence from the lender about late payments or foreclosure action.

MORTGAGE NOTE

COPIES OF ALL INCOME STATEMENTS-

401K/ESOP, RENT INCOME, STOCKS/BONDS, CDs/MONEY MARKET ACCT.

COPIES OF YOUR MOST RECENT CREDIT CARD BILLS/STATEMENTS

COPIES OF REAL ESTATE TAX BILLS

COPIES OF ANY ADDITIONAL PAYMENTS SUCH AS ALIMONY/CHILD SUPPORT, etc.

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Loss Mitigation Assistance Package

All documents included in this package:

Page

Number

Signature

Required

1. Fee Agreement for research and analysis 6-8 YES

2. Limited Power of Attorney 9 YES

3. Authorization Form 10 YES

4. Monthly income and expense worksheet 11-14 YES

5. Personal data 15-17 YES

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Fee Agreement for Research and Analysis

This Agreement is made and entered into this day of, November 16, 2009, by and between THEU.S. MITIGATION SERVICE,and the client [Gladys Mercado] 252 RT 7 South Delsey Dr.,Cape May, NJ 08210 subject to and conditioned on the terms set forth below.

RECITALS:

WHEREAS THE U.S. MITIGATION SERVICE is in the business of providing an analysis ofreal estate debt, secured or otherwise, income and the examining the potential for restructuringand lowering borrowers general debt and real property-secured debt; and

WHEREAS Client wishes to employ THE U.S. MITIGATION SERVICE to perform thefollowing services, (the Services): (a) analyze Clients debt situation, (b) research potentialdebt restructuring options that are or may be available to Client, and (c) present Client with theresults of such research.

NOW THEREFORE in consideration of the foregoing and every term, covenant and conditionhereafter set forth, THE U.S. MITIGATION SERVICE and Client do hereby understand,covenant and agree as follows:

Provide Complete and Truthful Information. THE U.S. MITIGATION SERVICE has deliveredto you a loan modification checklist concurrently with the delivery of this Agreement. Youmust return all of the documents listed on the checklist within three (3) calendar days uponexecution of this agreement. You must return any follow up documentation requested by uswithin one (1) day of such request. If you fail to submit this documentation within the foregoingtime frame, your file is subject to a default delay and cancellation after 72 hour and you will not

be entitled to a refund of your service cost. Client expressly represents and warrants to theCompany that he/she/they will at all times, provide the Company and/or its agents withinformation that is complete and accurate and true to the best of their knowledge and belief.Client hereby agrees to defend and hold harmless the Company and/or its agents from andagainst any liability of any nature whatsoever arising out of or in connection with Clientsbreach, in whole or in part, of the representations and warranties herein contained.

Performance of Services. Upon receipt of all information from Client and payment in advancefor the Services as provided herein, THE U.S. MITIGATION SERVICE shall promptly analyzeClients financial situation, and perform whatever research the Company determines in its solediscretion is necessary, reasonable or advisable, including but not limited to

practical ways to improve Clients present debt structure. Upon completion of the Companysanalysis and research efforts, the Company shall engage Clients lender to initiate a loanmodification on behalf of Client.

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Third Party Professional Waiver. Client gives the Company permission to access the reports andinformation contained therein. Client(s) authorized THE U.S. MITIGATION SERVICE to use athird party professional firm to process the debt restructuring on the Clients behalf.

Fees for Services, For and in consideration of the foregoing, Client agrees to pay to THE U.S.MITIGATION SERVICE upon execution of this Agreement, the sum as agreed for the program

cost as payment in advance for the Services.

Client Advised to Seek Counsel. By virtue of their signature hereunder, Client acknowledges thathe/she/they understand that THE U.S. MITIGATION SERVICE are not attorneys, and do notgive legal advice. At no point does THE U.S. MITIGATION SERVICE or its in-house counselsell or represent to sell any legal services. The legal department at THE U.S. MITIGATIONSERVICE and its processing firm at all times represents the Company ONLY and not its clients.THE U.S. MITIGATION SERVICE urges Client to seek the advice of an attorney beforeentering into this and any other contract with the Company or any other third party and prior toacting on any recommendation provided to Client by the Company.

Entire Agreement. This Agreement constitutes the entire agreement between the parties. THEU.S. MITIGATION SERVICE makes no warranty, express or implied, as to the fitness of anyrecommendation it may make to Client arising out of this Agreement. Except for cause, Clientunconditionally waives any right of action against THE U.S. MITIGATION SERVICE, itsofficers, directors, employees, agents, brokers and assigns, at law, equity or any other cause ofaction for any reason, directly, indirectly or proximately believed to arise out of this Agreement,for any damages of any nature whatsoever that Client may incur by reason of Client followingany recommendation of the Company or Clients failure to follow any recommendation of theCompany , whether any singular, concurrent or series of recommendations are acted upon or notacted upon in whole or in part by Client.

Gender. Whenever used in this Agreement, the singular shall include the plural, the plural shallinclude the singular, and the neutral gender shall include the male and female as well as a trust,company, corporation, or other legal domestic foreign entity, all as the context and meaning ofthis Agreement may require.

Headings. The paragraph titles and headings contained in this Agreement are inserted as a matterof convenience and for ease of reference only, and shall be disregarded for all other purposesincluding the construction or enforcement of Agreement or any of its provisions.Cross-references. All cross-references in this Agreement, unless specifically directed to anotheragreement document, refer to provisions in this Agreement and shall not be deemed to bereferences to the overall agreement or to any other agreements or documents.

Time Essence. Time is of the essence of every provision of this Agreement that specifies a timefor performance.

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Facsimile Signatures. The parties mutually understand and agree that signature of a facsimilecopy of this Agreement shall be deemed an original for all lawfully enforceable purposes.

AgreementReceived. By virtue of their signatures below, Client acknowledges that he/she hasread, understands and agrees to every term, covenant and condition of this Agreement and thathe/she has received a true and complete copy

hereof, effective the date first above written.

CounterpartExecution. This Agreement may be executed in one or more counterparts, each ofwhich shall deemed an original, but all of which together shall constitute one and the sameinstrument.

This agreement may only be modified or amended by a written agreement signed by a corporateofficer of the Company and you. If you have any questions regarding this Loan ModificationAgreement for Research and Analysis, please contact your Loan Modification Agent.

I hereby authorize the Company to verify my past present employment earnings records, bank

accounts, stock holdings, and other asset balances that are needed to process my modificationapplication. I further authorize the Company to order a consumer credit report and verify othercredit information, including past and present mortgage and landlord references. It is understoodthat a copy of this form will also serve as authorization. The information the Company obtains isonly to be used the processing of my application for a loan modification.

BY INITIALING BELOW, I HEREBY ACKNOWLEDGE THAT I HAVE NOT BEENADVISED BY THE COMPANY, ANY OF AGENTS, AND/OR AFFILIATES TO FOREGO AMORTGAGE PAYMENT IN EXCHANGE FOR THE COST OF A LOANMODIFICATION PROGRAM. I UNDERSTAND THAT A LOAN MODIFICATIONREQUEST MAY NOT HALT ANY FORECLOSURE OR DEBT COLLECTION

PROCEEDINGS. SHOULD ANY AGENT, AFFILIATE, SALESPERSON, OR OTHERWISE,HAVE INADVERTENTLY, ACCIDENTLY, WILLFULLY, OR OTHERWISE, HAVECOMMUNICATED ANYTHING CONTRARY TO THE AFOREMENTIONED TO ME, IUNDERSTAND THAT THEIR STATEMENTS MAY BE, ERRONEOUS, INCORRECT,AND NOT THE ADVISE OR RECOMMENDATION OF THE COMPANY..

Borrower Signature ________________________________ Date____________

Co-Borrower Signature _____________________________ Date____________

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Limited Power of Attorney

I (we), _______________________________________________________ hereby appointTHE U.S. MITIGATION SERVICE, 1648 S. CLEMENTINE ST., ANAHEIM, CA 92802-2901,866-802-7932, as my attorney in fact, with full power and authority to represent me in

negotiating the validity, reduction, settlement, and payment as may be required, of accountsowed to my creditors.

I (we) also authorize THE U.S. MITIGATION SERVICE to request and receive confidentialcredit and account information from creditors, credit reporting agencies, and other third partieswho are involved with my credit issues. I (we) further authorize THE U.S. MITIGATIONSERVICE to release a copy of this Limited Power of Attorney to my creditors.

Lender Name: ____________________________Acct. # _________________________

Clients Name: __________________________________________

Spouse/ Cosigners Name: n/a_________________________________________________

Address:________________________________________________________________

City:____________________________ State:_________________ Zip:__________

Clients Date of Birth:____________ Spouse/ Co-signers Date of Birth:______________

Clients SSN:___________________ Spouse/ Co-signers SSN:____________________

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AuthorizationtoReleaseInformation

To Whom It May Concern:

I/We hereby fully authorize you to release to The U.S. Mitigation Service, LLCand any and all

employees, associates, assignees, or partners of these entities, including but not limited to anyattorneys retained on my behalf, any and all information that they may require, including but notlimited to: my loan note; documentation regarding the application for, origination of, and/ortransfer or assignment of my note; any and all communications, or documentation thereof,regarding or pertaining to my loan; loan balance(s); payoff(s); any and all credit transactions; taxreturn information and documentation; loan reinstatement negotiations and/or communications;loan transfer; or loan inquiry. I/We further authorize any documents to be delivered to the abovenamed. This document may be reproduced as required to acquire references from more than onesource.

Be further informed that this authorization will remain effective until I specifically notify your

Loss Mitigation Department in writing that this authorization is of no longer in force or effect.

Please make the appropriate notification in your system to reflect this authorization.

Lender: Loan #

Property Address:

Date:

Thank you,

Name: Signature:

Social Security # - -

Name: Signature:

Social Security # - -

Clients Signature:_______________________________ Date:___________________

Clients Signature:_______________________________ Date:___________________


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Personal Financial History(Sign Where Indicated--We will complete the document with you.)

Loan Number:______________________________ Date Prepared: ___________

Borrower's Name:___________________________________________________

Borrower's SS: ______________________________________________________

Borrower's Employer:__________________________________________________

Co-Borrower's Name__________________________________________________

Co-Borrower's SS#___________________________

Co-Borrower's Employer__________________________________________________

Daytime Phone: (______)____________________

Evening Phone: (_______)____________________

Number of Dependents:_______________________

Number of People That Live in the Household:__________

Property Address:______________________________________________________________

Mailing Address (If Different):___________________________________________________

Monthly Income

Borrower's Gross Monthly Income:_______________________________________________

Borrower's NET Monthly Income:________________________________________________

How often is Borrower Paid? (Circle One)

Weekly Bi-Weekly Bi-Monthly Monthly

Co-Borrower's Gross Monthly Income:

Co-Borrower's NET Monthly Income:____________________

How often is the Co-Borrower Paid? (Circle One)

Weekly Bi-Weekly Bi-Monthly Monthly

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Other Income: ____________________________________________

Explain (Child Support, Alimony, Rental, Etc.)

Total NET Monthly Income $

Monthly Expenses

1st Mortgage Payment $_________________ Balance Owed on the 1st Mortgage

2ndMortgage Payment $_________________ Balance Owed on the 2nd Mortgage

Homeowners Insurance$________________ Property Taxes$ HOA $________

Telephone $______________________________________________________

Cell Phone $

Cable/Internet $

Electricity $______________________________________________________

Gas/Oil $______________________________________________________

Trash/Sewer $____________________________________________________

Food $____________________________________________________

Water $______________________________________________________

Auto Insurance $______________________________________________________

Auto Gas $______________________________________________________

Auto Payment $____________________________________________________

Auto Balance $______________________________________________________

Child Care $ ___________________________________________________

Child Support $___________________________________________________

Medical Bills $___________________________________________________

Prescriptions $___________________________________________________

Medical Balance $____________________________________________________

Life Insurance $___________________________________________________

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Total Monthly Expenses: $ __________________________________

Questions Regarding Property: (Circle One)Do you occupy the property? Yes NoIs it a rental property? Yes NoIf so what is the monthly rental income: $_______________Do you want to keep the property? Yes NoIs the property damaged at all? Yes NoIf so briefly explain:________________________________________________________Have you contacted a credit counseling service for help? Yes NoIs your property currently listed for sale? Yes No

I have described my financial condition in the enclosed Financial Statement and certify that allinformation presented therein as well as all attachment is true, accurate, and correct to the bestof my knowledge.

Borrowers signature:________________________________Date_________

Borrower-Print Name____________________________________________

Co-Borrowers signature:_____________________________Date_________

Co-Borrower-Print Name__________________________________________

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Credit Card Expenses

Paid To: Balance Monthly1._______________________________ $_____________________ $_________________

2._______________________________ $_____________________ $_________________

3._______________________________ $_____________________ $_________________

4._______________________________ $_____________________ $_________________

5._______________________________ $_____________________ $_________________

6._______________________________ $_____________________ $_________________

7._______________________________ $_____________________ $_________________

8._______________________________ $_____________________ $_________________

9._______________________________ $_____________________ $_________________

10.______________________________ $_____________________ $__________________

Any Other Expenses: $_________________________________

Explain: _______________________________________________________________________________

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Personal Data Form

Privacy Statement: This information is being used to perform preliminary qualifications. The Social Security Number is used as a unique identifier. Anyinformation contained within this Personal Data Form may be forwarded to your lender, loan service, their attorney and any applicable organization.3/24/09

Borrower: Co-Borrower: Date:

Social Security #: - - Social Security #: - -

Property Address: Home Phone: ( ) -

City: Work Phone: ( ) -

State: Zip Code: Cell Phone: ( ) -

Mailing Address: (If Different) Fax: ( ) -

Email:

Lender Name: 2nd Mtg Lender/Lien:

Loan #: 2nd Loan #:

Loan Type (FHA/VA/Conventional) Type of Loan: FHA/VA/Conventional)

Lender Phone: ( ) - 2nd Lender Phone: ( ) -

Interest Rate: ______% Interest Rate:_____%

Fixed? ARM? Neg Am? _____ Fixed? ARM? Neg Am?____

Borrowers Employer: _______________ Co-Borrowers Employer: _______________

Address: _______________________ Address: ________________________________

Years Employed: ________________ Years Employed: _________________________

Hourly Wage_____ OR Salary: _____ Hourly Wage_____ OR Salary: ___________

Net Income: _____________________ Net Income: ____________________________

Have you received a Notice of Default? YES / NO

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Have you received a Notice of Sale? YES / NO

Are you in foreclosure? YES / NO

Do you have a sale date? YES / NO

1st mortgage payment: $ # months behind: months

Arrears: $ _________

2nd mortgage payment: $ # months behind: months

Arrears: $ _________

Are property taxes and insurance escrowed? YES / NO

Monthly tax: $____________ Monthly insurance: $____________

_______________________________________________________________________

Have you ever filed bankruptcy? YES / NO

Are you CURRENTLY in bankruptcy? YES / NO

Type of bankruptcy: Chapter 7 Chapter 13

Filing date:

Did you buy the house after filing? YES / NO

Did you reaffirm the mortgage? YES / NO

Discharge date:

Was the discharge without restriction? YES / NODo you have the discharge letter? YES / NO

Have you made any previous arrangements with your mortgage holder? ____________________

What happened to that arrangement?_______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

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Have you refinanced since the original loan? YES / NO Date:

In your opinion, what is the MOST your monthly mortgage could be andstill be affordable? (NOTE: This is NOT the amount for which we will

negotiate; we will work for a much lower payment, if possible).$______________________________

How much do you have available towards the delinquency as of today?(A) $ _____

How much money will you have available in the next 45 days?(B) $

Total amount available: (A + B) $

By signing this form, I certify that the information provided in this application is true andcorrect to the best of my/our knowledge, information and belief.

Client Signature

Client Name Date

Client Signature

Client Name Date

The US Mitigation Service LLC is a full service company working in conjunction withThe Mortgage Broker Incorporated a California Corporation both located in Anaheim,California. Together, the companies provide loan modifications, real estate services,

mortgage loans, reverse mortgage loans, and debt reduction services.

"The difference between a successful person and others is not a lack of strength, not alack of knowledge, but rather a lack in will." - Vince Lombardi9/08/09

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Revised Client Package 10 12 20091

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Transcript of Revised Client Package 10 12 20091