Department Of Education Website

Modification – Knowledge, Power, Wisdom

By now, if you actually read past the title, you probably are already familiar with some of the specifications for a loan modification. You probably understand the basic guidelines and standards in order to qualify. You are probably facing a financial hardship, money is short, while you are scrapping by month to month (maybe “scrapping by” is under exaggerating your circumstance). According to your present knowledge and understanding for a modification to be offered you qualify on all accounts. Then, why has it been so difficult to receive or negotiate with your lender? This article will appear very elementary, however it is not to insult anyone’s intelligence but to make sure there is no misunderstandings with what is being written.
For common ground let us define the terms “knowledge,” “power,” and “wisdom.”
1. Knowledge: the fact or condition of knowing something with familiarity gained through experience or association or the fact or condition of being aware of something accompanied by the range of one’s information or understanding
2. Power: the ability to act or produce an effect. Power also can be defined as possession of control, authority, or influence over other.
3. Wisdom: knowledge of what is true or right coupled with just judgment as to action; sagacity, discernment, or insight.
Let us focus on Knowledge for the moment. Our knowledge in any particular field will determine our efforts, our frustration and ultimately our success or failure. With any endeavor the more knowledge we have the more confident our approach. Let us not though equate knowledge with conceit or arrogance. The first question you must ask yourself is, “What is my knowledge regarding the qualifications for a modification? The second question I should ask, “What is my knowledge regarding the process of a modification when contacting my lender?” Another question a person could ask themselves is “How long does a modification typically?” If a person is unable to answer these question confidently then the next question is obvious, “Where do I get more information regarding the standards, process, and procedures of a loan modifications?”
Power. For this article let us focus on the italicized portion of the definition previously mentioned, “influence over others”. When applying for a modification an individual will need to exercise (wisdom remember is the judgment as to action, or putting our knowledge into action) their familiarity pertaining to lender processes for a modification. This relates to the first question mentioned for individuals to assay their knowledge regarding a modification. People can only act according to their knowledge, even if that knowledge is just contacting your lender for more understanding.
A loan modification is a great benefit to a struggling homeowner in dire needs, while many persons have benefited from their mortgage being accepted and having their monthly mortgage payments reduced. This is not the case for everyone. As such, if you find yourself needing more knowledge to act with power and wisdom, there are choices available to assist. Either you can contact your lender directly; you can hire a professional firm to assist and use their knowledge; you can also seek more information by utilizing ebooks written for home owner’s benefits providing more knowledge regarding consummating a modification.

Education News

Wisdom, Knowledge, Understanding: Similarities and Differences

To be honest, most people only take very little time to consult God upon perplexing situations. When things stop to make sense for us, we try to use our own knowledge to get the solution. Little do we remember that there is Someone who created our brains, who designed its functions and who has the power to solve every nagging problem around us whether it is finances, relationships, studies or health complications. In any situation that we might find ourselves in, when we respect God and seek out his wisdom and understanding, He is able to give us the ability to understand our world and to help us understand the happenings in our lives.
In times of joy and bliss in your life, just spare a minute to say praises to Him. And when you are perplexed, He will give you comfort and deep assurance which can only come from Him. However, in order to get that wisdom and understanding from God, you must create for Him a space in your life. You must intentionally accept Him in your life. And this calls for priority. Our lives are full of activity: family, work and friends. Where does God come in? Which number would you give God in your order of priority?
That is the mistake we always make. We start with what concerns us before we create a space for the One who is able to guide us through the stormy sea of life. Because we fail to depend on Him, we have limited knowledge which can only help us to make limited choices. In this age of information technology, the more knowledge we get, the less we seem to know! Have you ever asked yourself why this happens? It is because we don’t seek True knowledge from the One who has absolute knowledge. True knowledge is inclusive of a heart, body and mind experience that leads to long term, intimate relationship with the true and living God. Even in one old Caribbean proverb, “One must sleep in the fowl’s coop to know whether the fowl snores.” Let us rekindle the desire to look for God first before anything else in our lives. And we can see God in the people around us: Right now it’s that neighbour in the apartment, or a colleague at workplace. But all in all, God should take the centre stage in our planning and execution. By the way, who or what is your number one priority?
By Tony P. Oreso