Foreclosure Intervention - Information for MPCM Members

By request of the Deacons, Sis. Cassandra Ferguson has shared the following information with all MPCM Deaconcare groups.

FORECLOSURE INTERVENTION
STRATEGIES TO PRESERVE HOMEOWNERSHIP

BY: CASSANDRA FERGUSON

YOU CAN’T DEAL WITH SOMETHING, THAT YOU ARE NOT WILLING TO CONFRONT. John 14 (Love, Obey and Abide)

First let’s overcome Fear, the devil lies – “False Evidence Appearing Real” Psalm 18: 28-39 Now you no longer fear but you Trust “ The Righteous Unleash Supernatural Truth”.

Now let’s ask God for Wisdom - for the Lord giveth wisdom: out of his month cometh Knowledge and understanding . He layeth up sound wisdom for the righteous : he is a buckler to them that walk uprightly. Proverbs 2:6,7

Listen for God’s divine instructions – That ye might walk worthy of the Lord unto all pleasing, being fruitful in every good work, and increasing in the knowledge of God; Colossians 1:10

DON’T STOP TITHING!!!! Grace will abound towards you. 2 Corinthians 9:8




SUSTAINING THE GAIN
We know we have to change the way we view the situation. Life happens!
The BENEFITS of owning a home are financial, social (especially for children), it is just a great asset. It’s better than the stock market.


The PITFALLS

• Delinquency-Payment is “past due”
• Default- Violation of mortgage contract; often=”seriously delinquent”
• Foreclosure- A legal filing to take a property
• REO-”Real Estate Owned”-lender’s inventory of foreclosed assets

The foreclosures rate started to increase in 1986
Why Foreclosure?

• ARM-Adjustable Rate Mortgage mortgages outside the box(People experience payment shocks)
• House values have decreased, so they can’t refinance
• Sub prime Market- risky loans 1 in 5 loans are sub prime
• Lack of knowledge, and less ability to manage payment shocks
• Property condition and location
• Job loss, death in the family, disability

HELP! What are my options!

Retention options:

1. Special Forbearance-a period of suspended or reduce payments; prevent delinquent reporting of the loan to the credit bureaus and late fees.
2. Repayment plan-Past due amount is divided and added to the regular monthly payment for an extended amount of time to bring loan current, this can be for 6-24 months.
3. Modification-Loan is brought to a current status by adjusting one of the three: Increasing principal balance by adding the past due; extending the term of the loan or reducing the interest rate.
4. Partial claim (FHA ONLY)- Loan is brought current up to 12 months.
5. Short sale-An approved sale of the property to an unrelated borrower.
6. Deed-in-lieu-The property is voluntarily given to investor sometimes this will prevent a foreclosure from appearing on your credit.

PMI Companies- If you pay private mortgage insurance on your loan, see if they can help.
Borrower’s protection plan-if borrower is unemployed it pays for your mortgage.

Waiting for your financial package to come will sometimes take 30 days, send back quickly.

If you can’t get help from the customer service representative call the VP office.

Helpful numbers and websites
http://www.nw.org/foreclosuresolutions
1-888-995-HOPE
http://www.995hope.org
http://www.hud.gov
Military- 1-877-AT-EASE-1

Knowledge without power to express the life within is of little value. The more programmatic the focus, the less emphasis we place on building deep and caring relationships that result in changed lives. O’s Hillman TGIF

Provided to MPCM by:

Cassandra Ferguson
Net Branch Owner
Purchase Money
Refinance Debt Consolidation
Foreclosure Prevention Specialist
Commercial Financing for Businesses & Churches

Priority Financial Services
The Ferguson Team
5 N MAIN STREET SUITE T10
BEL AIR , MD 21014
410-638-8326
Fax# 410-638-8771
www.priorityfs.org
cassandraf@priorityfs.org

"The task before you is not as great as the power behind you "
Psalms 121:2 My help comes from the LORD, Who made heaven and earth.

All Married & Engaged Couples: Couple's Night Out - Friday, 3/28

Come on out to:

Mount Pleasant Marriage Ministry's
"Couple's Night Out"


Friday, March 28, 2008
7:30 - 9:30 p.m.
Mount Pleasant's Grand Fellowship Hall

--> Strengthening Marriages using Biblical Principles to make Good Marriages Great Marriages to Glorify God!

--> Open house, games, socialization, discussions for married couples, music, and snacks!!!

Mount Pleasant Church and Ministries
6000 Radecke Ave. Baltimore, MD 21206
410-325-3080, http://www.mountpleasant.org
Bishop Clifford M. Johnson, Jr., Senior Pastor

Bible Study with Bishop - Tuesday, March 25

All are invited to attend a special Bible Study this Tuesday night, March 25. Bishop Johnson will be our teacher. Subject: HOW THE BIBLE CAME TO BE.
We will not separate into classes (e.g. Men's class, Women's class), we will all be together for this special night of learning!

Dinner will be served from 6-7 p.m. (Nominal cost)
Bible Study will begin at 7 p.m.

We'll look forward to seeing you there!

Sermon Highlights: Sun. March 2, 2008, 7:45. "The Right to Use His Name, Pt. II"

Scriptural Texts: Luke 10: 19-20, John 14:12-14, John 15:7-11, 16

KEY: What must be recovered in this day is fervent, believing, prayer in the name of Jesus Christ.

Phil 2:9-11
You have to grab for yourself what HE has already purchased for you. You ought to "strengthen your grip!" (Phrase ref: Charles Swindoll.)

Luke 10:19-20 (Get this in your spirit!)

King James Version (KJV)

19Behold, I give unto you power to tread on serpents and scorpions, and over all the power of the enemy: and nothing shall by any means hurt you.

20Notwithstanding in this rejoice not, that the spirits are subject unto you; but rather rejoice, because your names are written in heaven.

* I ought to really rejoice in my relationship with HIM!

* The greatest miracle you can have in your life is your salvation.

*When I was going my own way, He still loved me. He wasn't lost, He found me.

* I won't rejoice in being able to take care of scorpions, I will rejoice that Jesus is the joy of my salvation.

* I'm not opposed to prosperity, but that should not be our priority.

* Jesus has given you authority over the enemy. Jesus purchased the authority with His own blood. Jesus obeyed perfectly in our place, now we must behave perfectly in His place.

* John 15:7 " ... My words abide in you ..." John 15:9, 10, 14: The words "love", "obey", and "abide", unlock access to this privilege. John 15:14 -- We are Christ's friend if we do what He says.

*ABIDE = OBEY (Definition: Follow commands or guidance, conform of submit to the restraint or command of authority, comply with, submit to the will of another. )

Love ---> Obey ---> Abide ---> Remain

* Proof that you love Him is how you obey Him.

* John 15:16. Remain = stay , abide, continue throughout without interruption.

* 1 John 1:9. I'm glad that He is a forgiving God.

* Obey, love me, remain ... THEN use my name. [Jesus]

* Jesus said pick up your cross and follow. Your kids, spouse, etc. are not your cross, YOU are your cross.

* RENEWAL OF YOUR MIND IS AN ENTIRE RENOVATION OF YOUR NATURAL ORDER.

What does it mean to REMAIN?

1. To accept Jesus (first). (John 6:54, 56)
2. Continue to persevere in believing. (John 8:31)
3. It can also mean believing, loving obedience. (John 15:9-10)

* Love and joy connect (in union.)

*Jesus defines a triad of love: Jesus, God, Disciples.

* Love is a decision, it's not a feeling. It's not external, it's internal.

* Remaining in Jesus ... sometimes it's sporadic, but as you do it more and more, it becomes less sporadic.

Proof that you love Him is obeying Him.

Keep our 34/39 sick, healing, and shut-ins in prayer

Please continue to pray for and love on our 34/39 members who are sick, healing, or shut-in.

• It was good to see Sis. Burline Danzler in church Sunday following the Homegoing of her mother and surgery on her wrist. Sis. Danzler still has a cast, please keep her in prayer.
  
• Mother Mary Washington, mother of Min. Scott Washington and fellow 34/39 member Sis. Georgette Washington, is healing from her foot injuries.
• Bro. Henry and Sis. Mae Edward have returned to church, it's good to see them back in the 2nd row!
• Sis. Lottie Wright has returned to church after the passing of her loved one.
• See your Ministry Update (Church Newsletter) for a list of our 34/39 shut-in members:
• At Home:
• Mother Catherine Peay
• Mother Mary H. Davis
• In the Nursing Home:
• Mother Mary M. Davis
• Sis. Thelma Parker
• Sis. Rosa Burton

Continue to remember our 34/39 members who experienced death in the family over the past few months: Sis. Leazer, Sis. Clash, and Sis. Shelly White (passing of her sister.) 34/39 member Sis. Sherian Kelly continues to heal from her hospitalization and displacement from her home which caught fire. Her thank you is posted below.

Thank you Message from 34/39 Member Sis. Sherian Kelly

Following her illness and house fire, 34/39 Member Sis. Sherian Kelly says "Thank you!" She also sends words of encouragement to US from God's Word:

Colossians 1:9-11 (King James Version)

King James Version (KJV)

Public Domain

9For this cause we also, since the day we heard it, do not cease to pray for you, and to desire that ye might be filled with the knowledge of his will in all wisdom and spiritual understanding;

10That ye might walk worthy of the Lord unto all pleasing, being fruitful in every good work, and increasing in the knowledge of God;

11Strengthened with all might, according to his glorious power, unto all patience and longsuffering with joyfulness;

Nahum 1:7 (King James Version)

7The LORD is good, a strong hold in the day of trouble; and he knoweth them that trust in him.

Sermon Highlights, Sun. 2/24/08. 7:45. "I Have the Right to Use His Name"

Scriptural Texts: John 15:1-16, Phil 2:7-13

* Training is better than trying. Train wisely; you can live skillfully.

* I have the right to use His name (John 15:16).

* Jesus had to make choices as a human being; He obeyed His father perfectly in his death, his burial, and his resurrection.

* Q: Why didn't Jesus take care of Satan at Calvary? A: He was not acting on His own behalf.
Jesus became the ramification of sin. He died so I can live.

* Accept as our own what Jesus has done for us ... you've got to see YOU hanging on that cross and understand the wrath of God.

* REMEMBER: Greater is HE that is in you , than he who is in the world.

* Jesus had the right to give authority because He paid for it with His life and with His blood. (John 10:10, John 10:19)

* Luke 10:19 --> Don't rejoice because you're rebuking the devil, you can take glory for yourself. Rejoice because you have a relationship with God and your name is in the Book of Life.

* Obedience keeps the authority in tact.

* God was trying to keep Adam and Eve from the knowledge of evil . All you need to know is my [God's ] goodness.

* When you're disobedient, you become disconnected.

ABIDING means "I'll make my home in you."

1. LOVE
2. OBEDIENCE
3. ABIDE

If you LOVE, you'll OBEY. If you're OBEYING, you have to be ABIDING.

* Jesus gave us authority to use the name His Daddy gave Him!