For homeowners facing foreclosure, a little known computer software program may be the key to saving their home.  The reason why most consumers have never heard of the REST software platform is because it is a type of program that is only sold to banks and other lending institutions with thousands of loans that need to be analysis faster than human analysts can provide.  By inputting a few key pieces of information into the REST program, a lender is able to see a carefully calculated prediction of consequences that various actions might produce, including but not limited to, the approval of a loan modification or letting a home fall into foreclosure.

Timothy McFarlin, an who practices real estate and foreclosure law in Irvine, CA knows firsthand how a REST report can help those fighting foreclosure.  “Lenders,” he says, “are all about dollars and cents.  Borrowers can beg and plead until they are blue in the face, but the stone cold fact of the matter is that unless a lender thinks that a loan modification is going to save or make them money in the end, convincing one to approve a modification can be next to impossible.  If a homeowner is able to provide their lender with a REST report that details the benefit of approving a loan modification, the chance of their application being approved increases enormously.”

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