Professional Certification:
Successful completion of State of MI Loan Officer Exam in December 2008.
11/2003 NCI Associates, Inc. US-Michigan-Madison Heights-Certification
- Attended Real Estate Sales Licensing Program. Successful completion of State of Michigan Real Estate Exam.
12/1983 Syracuse University US-New York-Syracuse - Advanced Real Estate Law.
5/1983 Syracuse University-Graduate Certification- ABA approved legal assistant program
5/1982 State University of New York Potsdam, New York-Bachelor's Degree in Political Science with a concentration in English
5/1980 Onondaga Community College-Syracuse, New York Associate Degree-Liberal Arts degree
Professional Resume: Ellen S. Mahoney is the owner of a newly formed company, “Loss Mitigation Consulting Services of Michigan, LLC.”Using her over 25 years of real estate experience, Ellen provides individuals with comprehensive advice when facing financial difficulty in assessing their options pertaining to residential real estate.Ellen spent eight (8) years originating residential and commercial mortgages for First Financial Services, Inc.In addition, Ellen spent four (4) years as a Sr. Paralegal to the General Counsel for Bay Harbor Company, a luxury condominium development near Petosky, MI.Prior to that, Ms. Mahoney spent over 13 years in private practice in the Real Estate Departments of major law firms, including managing of a title insurance company.Ellen is a graduate of the Syracuse University Legal Assistant Program (Graduate Certificate, 1983, Advanced Real Estate Law), the State University of New York at Potsdam (BBA, Political Science 1982), NCI Associates (real estate sales license exam passed 2003), Michigan Loan Officer exam passed in December 2008.Ellen is an active member of the Birmingham Bloomfield Chamber of Commerce (member of the Public Policy and Economic Development and Ambassador Committees), a founding member and Chair for B2B Networking Group in Birmingham, Oakland County Bar Association, and an Executive Member of the PTA Board, in Birmingham, MI
Company Description:
We offer a free initial consultation in which we evaluate current financial situation of borrower(s).
Identify feasibility of retaining home and mortgage, and identify what is best course of action:
a.Loan modification
b.Forbearance Agreement
c.Partial or Advance Claim
d.Short Sale
e.Short Pay
f.Deed in Lieu of Foreclosure
3. If a loan modification is not feasible, the other alternatives need to be evaluated in light of current market conditions for the home.
Pursue a course of action on behalf of lender/borrower. If the client is agreeable, we assist the borrower with putting together and negotiating a workout plan.