Each borrower was told that if he/she paid back the loan in good faith, he/she would be entitled to a refund on that MMI or MIP insurance policy. But when these people paid off their loan years later, they forgot to call HUD/FHA and ask for their refund. HUD/FHA even tries to contact them by mail, but if they don't respond to the letter, the money is put in a fund that is set aside especially for these refund recipients. For years the money has been piling up and today there are millions and millions of dollars in the fund. Finally, in 1986, another division of the government stepped in and told HUD/FHA that they have to figure out a way to get this money back to the people. Well, HUD/FHA did not want to spend the administrative costs to do that, so HUD/FHA came up with a great way to solve the problem They decided to let anyone be a third party processor. You are allowed to find these people, let them know that they have an unclaimed refund that is owed them, and let you receive a very nice commission for doing so. The only catch is HUD/FHA won't teach you how to do this. They leave that up to you. So this is what I will do I will show you step by step, how to become a processor. I will show you how to contact people with money due them; I will tell to you exactly what to say (and this is very important), how to do the paperwork, and how to make lots of money doing it. My fee for this package is $55.00. It will have everything you need to get started, with the exception of the state listings. Please read my FAQ page. They should cover any further questions you may have. Then you can read about how to order our Start-Up Package to get started making money. FAQ (Frequently Asked Questions) |