Tracking the housing finance breakdown: a saga of corruption, hypocrisy, and government complicity.

(link to this site as: ml-implode.com, lenderimplode.com, or mortgageimplode.com)

Industry experience, dedicated business relationships, phenomenal growth, brand awareness, customer service and competitive loan programs are all the resources needed to make us the perfect tool for investors.

A True Measure of Success

7% increase

at 90+ Days

Registrations-Loan Approval

Loan Approval to Contract

Contract to Closing

• Passed by Congress in 1971• Consumer Credit Report Reform Act of 1996• Fair and Accurate Credit Transaction Act of 2003• Bill of rights for the consumer• Provides a standard for “fair” and “accurate” credit reporting• Establishes guidelines for repository reporting

Fair Credit Reporting Act (FCRA)

• Passed in 1996 • Established to legitimize credit repair organizations• Governs operations and procedures for credit repair• Prohibited practices

Credit Repair Organizations Act (CROA)

• Better Business Bureau• Attorney General

State Compliance and Recognition

Will Lease

Option for

Food.

The Public Interest Research Group (PIRG)

The Public Interest Research Group (PIRG)

Source: National Association of State PIRGs - 2004

Credit report accuracy in the U.S.

54%

30%

25%

22%

8%

8% were missing major credit, loan, mortgage, or other consumer accounts that demonstrate creditworthiness.

22% listed the same mortgage or loan twice

25% contained serious errors that could result in the denial of credit, such as false delinquencies or accounts that didn’t belong to the consumer

30% contained accounts closed by the consumer reporting as open.

54% contained either personal information that was misspelled, long-outdated, belonged to a stranger, or was otherwise incorrect

The Public Interest Research Group (PIRG)

2.1 Million Bankruptcies filed in 2005

1.5 Million Bankruptcies filed in 2006

Bankruptcies up 39.7% in 2007 = 1 filing for every 136 households

Jay, Christine & Kevin~

“I would like to say thank you for making my dreams come true. After years of

renting and never be able to call my apartment mine you have made my house

MY home. You all worked with me even though you knew I had bunches of

credit problems in the past. My children and I thank you from the bottom of our

hearts.” ~Stephanie & Jimmy Myers

• We do complete VOE’s and verify buying ability

• Let us effectively determine potential in credit reports

• Imagine an entire grading model to ensure success

Income and Employment

Verification

• What do they REALLY make?

• Verification of Employment.

• Verification of Income.

Eviction Screening

How have they paid previous landlords?

The past often tells us the future.

Credit Screening

You must grade credit the RIGHT way!

Grade credit based on credit restoration

performance.

CRIMINAL

BACKGROUND CHECKS

No bad checks

No Meth labs

No Sexual Predators

Jay, Christine & Kevin~

“I would like to say thank you for making my dreams come true. After years of renting and

never be able to call my apartment mine you have made my house MY home. You all

worked with me even though you knew I had bunches of credit problems in the past. My

children and I thank you from the bottom of our hearts.”

~Stephanie & Jimmy Myers

“Coach” Jack and Julia Kelly

$14,850

Revolutionary homeownership experience for buyers typically defined as “unqualified” previously turned away by financing companies & investors.

Streamlined Application Rapid Pre-Approval

Credit Counseling & Repair FHA Loan Programs

Tenant screening

12 Years Industry & FHA Experience

1• will they qualify for a loan?

2

• My Buyers simply fall into a black hole, never to be seen nor heard from again.

3•Is credit repair working?

4•How can these two systems really work together?

5•Will I loose control of the client and my backend cash-out?

Industry experience, dedicated business relationships, phenomenal growth, brand awareness, customer service and competitive loan programs are all the resources needed to make QCS and GMG the perfect tool for investors.

A True Measure of Success

7% increase

at 90+ Days

Registrations-Loan Approval

Loan Approval to Contract

Contract to Closing