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Forbes - 2008 International Investing GuideWorkouts Work Out
Forbes – July 21, 2008
Michael Moore and his wife, Rebecca, began careening toward foreclosure in 2005… Enter Moose M. Scheib. His 27-person loan modification processing firm in Dearborn, Mich., called Mizna, works as a mediator between lenders and overextended homeowners. Scheib collected the Moores’ W-2 forms, tax returns, bank statements–and ordered an appraisal and best-price offer from a Realtor on the Moores’ three-bedroom house…
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Lebanese American Saves Families from Losing Their Homes
America.gov – September 23, 2008
In 2006, Scheib returned home to Dearborn to launch his business venture, LoanMod.com. LoanMod renegotiates home mortgages to avoid foreclosures in a “win-win” manner that benefits both the homeowner and the bank or financial institution holding the mortgage. Read Full Article >
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