Austin Kilgore | 01.19.09 www.dsnews.com

The current housing crisis has created a new boom for loan modification companies, and joining the ever-increasing number of companies is Irvine, California-based Real Investment Strategies' Qualityloanmod.com.

The company hopes it can use provide modification and restructuring services to homeowners in danger of foreclosure and minimize the sometimes adversarial relationship between lenders and borrowers, said Sean Goodwin, the company's founder, who's background is in private equity investment.

“The current downturned real estate market, coupled with unemployment and trouble on Wall Street, has been a catalyst for skyrocketing foreclosure rates. It’s also aggravated the almost adversarial relationship between homeowners and lenders,” Goodwin said. “Our mission is to assist homeowners in lowering their mortgage payments, while making it possible for banks to avoid costly foreclosure situations.”

The company's staff includes an attorney, private lender, real estate broker, loan originator, and several qualified processors and support staff. The company will also offer forensic loan file audits, property valuation analysis and financial analysis services.

“In today’s market, it is impossible for banks and lenders to handle the extreme volume of foreclosure files. Our team remedies the situation by initiating a resolution quickly and efficiently for both homeowner and lender,” Goodwin said.