BGS3 Helps Homeowners Avoid Foreclosure

LOUISVILLE, Ky., Jan. 29, 2008 (PRIME NEWSWIRE) -- BGS3, the National Processing
Center for Short Sales, announces Program 3648. John W. Davis, Chief
Administrator of Program 3648, announced the release of a nationwide campaign to
certify qualified real estate professionals to assist homeowners facing a
potential foreclosure. "President Bush has provided a much needed solution to
the national foreclosure problem in signing H.R. 3648 -- The Mortgage
Forgiveness Debt Relief Act of 2007, but the sub-prime mortgage problem
continues to affect most markets nationwide. The critical next step is locating
and certifying a ground army of concerned professionals who can reach out to the
multitude of homeowners who desperately need relief," said Davis.

There has been a substantial increase in numbers of families affected by
adjusting interest rates on sub-prime mortgages. Subsequently, foreclosure rates
continue to rise. Program 3648 Representatives have been working to educate
homeowners and their families on their rights and options. Kenn Lewis,
Co-founder of BGS3 and Program 3648 states, "While much has been said in the
media to further educate the public about their options when facing foreclosure,
the vast majority of individuals in this situation simply don't know where to
start. Program 3648 was enacted to handle the processing for qualified
homeowners to either keep their home or go through a short sale. There is no
cost for the program, and the homeowner never needs to worry about future
billing. With caring, well-educated, experienced professionals administering the
program on a national scale, our mission is to help thousands of homeowners
avoid foreclosure."

Certification procedures are required for Program 3648 representation.
"Experience and expertise in working with individuals in this situation are
essential to achieving certification," said Certification Director, Jeremy
Bowman. In addition to a thorough review of track record and past achievements,
ongoing training and education are required to maintain certification status.

The BGS3 logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=4650

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CONTACT: BGS3
John W. Davis
502-905-9711
woods@bgs3.com
www.bgs3.com