Many people, including myself, have demonstrated the math behind the program, and shown full prepayments to be thousands to tens of thousands more efficient.

We understand it just fine, you merely saying we don’t doesn’t change that proven fact. Math never lies, UFF salesmen almost always did. Of coursem the salesmen are gone now because they shat on their credibility so thoroughly on the internet…. company fired them all ’cause sales dropped to a tiny fraction once the jig was up.

There are examples of people that got HELOCs for their UFF crapware and ran up debt. Nothing in the software prevents that just like nothing in the software prevents you from buying starbucks coffee everyday, etc.

And yes, we know you aren’t a UFF salesman…. they fired them all because the jig was up. Their agents took a giant crap all over the internet with bogus claims and outright lies to fool dumb people into paying $3500 to do something they could already do for free.

It is also being sold through a devious direct mail campaign (http://whocallsme.com/Phone-Number.aspx/8776705577/4) that starts by offering a low cost “mortgage audit” by Accelerated Cashflow Technologies (ACT), which is just Accelerated Equity and Development (AED), which is the old company name belonging to Skyler Witman and John Washenko. In these direct mailings, no company name is given – just a phone nunmber. Skyler and John are just run-of-the-mill scammers.

If you need a software coach, grab a copy of Quicken. It will do a much better job, because it will cost you less than $100 (95% less than the $2000 MMA), and it is a much more refined and efficient product.

Everything Calvin has said in his comments is true. Don’t be fooled by the Money Merge Account. It’s not worth $1. Working through a sample $200,000 mortgage with an agent, we worked out that the agent should have refunded the $3500 and paid his client an additional $2000 as compensation to make up for the inefficiencies of the MMA.

Say it isn’t so!

Yeah, I was forwarded some of John’s emails, specifically about him wanting to pull out of Canada, back when they were telling Canadian agents that they were working on becoming compliant with Canadian (Competition Act) regulations about making unrealistic income claims. They weren’t working on squat, of course.

Tell me, how does the algorithm decide how much to borrow from the LOC or other account to prepay the mortgage? Seems almost random to me. It’s definitely too much to be efficient, but it looks good to the ignorant, which is obviously what John was more interested in.

these are all the things that the UFF DOESN’T tell you about. UFF agents are some of the most financially illiterate people out there. it’s pathetic.

Does MMA do lots of factorials just for fun or is the use of factorials somehow tied to the very simple and time-tested act of prepaying a mortgage. Why does mortgage prepayment require “complex algorithms” and “factorial math?”

Oh that’s right, it requires neither. And all MMA requires to work is YOUR own money (excess cash flow), something you can send your bank free.

Run an MMA illustration for $1,000 a month “discretionary income” – the SAME $1,000 that could be sent directly to your mortgage company – in John & Rebecca Jones’ 6%/$200k example.

1. MMA pays the mortgage in 10 yrs at a cost of $66,937.94 interest.
2. Bankrate.com’s prepay $1,000/month is 10 yrs and $67,408.24.

MMA wins! By $470. But that assumes you took MMA’s $3,500 fee from savings and did not add it to the Heloc as most people do. So in this example, you’ve paid $3,500 to save $470. Is that a good investment?

I sound like I work for the bank? Um, no. If I worked for the bank, I would be advertising. And also not telling people how to cheaply pay down debt.

Please tell me how I call the federal debt “properly managed”? I just said debt can be properly managed. The funny thing (sad for you) is that a mortgage can be a great example of properly managed debt. If you have only $20k in savings and want to buy a $200k house, with the proper income, you can buy the house without having to save up $200k first. Imagine that!

“So why would a bank give me a loan for $192k, tell me it’s for 5.25% and then when I send them 1060.23 they put $840 in their pockets and only put $220 dollars to my debt of $192k and you don’t have a problem with that?”

Because $192k * 5.25% / 12 = $840. It’s simple math. That’s how much 5.25% interest is. Just like if you had a savings account that paid 5.25% interest, they’d pay you $840 in interest the first month for depositing $192k. What about the math confuses you?

As for how much you owe on your house “making sense”, it depends. Some people pay nothing extra on their mortgage because it’s VERY cheap money and they can use it better elsewhere. Some people use their extra money to invest in equities, bonds, real estate, etc. If someone can make a 10% return on their money while holding a 6% mortgage, that means the best thing they can do is string out that mortgage debt as long as possible.

I’d go into further detail, but I’m guessing you are already foaming at the mouth ready to spout off more ignorance. You were robbed, but not by the bank, rather by your parents and your teachers robbing you of an education and simple knowledge. At least you aren’t alone in your ignorance.