Make Money Through Sure Returns In Forex TradingThe Basics of Credit RepairDaily I read accounts of distressed homeowners being bilked out of critical money for mortgage modifications that dont happen. They never happen with nationally certified attorneys like the ones I represent, but the stories still abound. Ive written vociferously about them in the past, and I recognize that my readers will get tired of reading them. But today I read one published in my home state of Colorado. Add to that some notable mistakes by the reporter, and I simply must respond. I fervently wish the distressed homeowner public would get better information (read: this blog)Leading Mortgage Modification ProvidersHow to Ensure the Legality of Loan Modification ProviderHelp Other People by Advising her to Have Loan ModificationKnow This Loan Modification and the way it will be too Beneficial in your PartKnow This Loan Modification and the way it will be as well Advantageous into your AspectStop Foreclosure – Mortgage Help Resources OnlineBest Way to Get the Medical Alert System

Why Mortgage Modification Companies Are A Bad Idea

In: Mortgage

27 Oct 2009

It ‘s really disgusting to see that we as a people have not learned from our past and are once again starting to repeat it. I’m not trying to be derogatory just for the reason of bringing down your hopes but I’m trying to save some heartache for someone and hoping that someone will pay very close attention to what I am about to say.

Just in case you have missed the majority of the last couple years, PLEASE NOTE: MODIFICATION COMPANIES ARE A TERRIBLE! Please know that I am, saying this since I have lived and worked on all 3 sides of the business. After having experienced what it’s like to be involved on both sides of the business I can truly say that there are so many potholes for the average mortgage holder that tries try to navigate the Loan Modification / Foreclosure Defense process alone.

There are so many little details that can be missed while doing it alone in matters of Foreclosure. If you miss one piece of mail After all it is your HOUSE and your family safety on the line. The CONS are endless, people impersonating Attorneys, altering numbers on HUD statements so they can pocket the difference through title. What is wrong with society today, its almost as if the whole world has gone nuts? If you are a Homeowner at risk loosing your house to foreclosure, the best advice I can give you is to think lucidly and look at the situation from a calm perspective with a Loved one (someone you trust) and brainstorm for a solution or plan of action after you have taken the time to research a good attorney who has given you a professional perspective on the subject.

After having worked in the Mortgage Biz for years, I left because I saw where the business was flowing and I really didn’t want to have to hold the burden of guilt for putting families in Loans I didn’t agree with. It always seemed that in the Mortgage business the only thing they cared about were numbers, volume of sales and Yield Spread, to be more exact it was all about anything that packed more money in everyones pocket.

The truth is I really feel good about what I do now because I know we are genuinely helping people and I know that our attorney is governed and held accountable by the Bar Association in our state. It’s much more comforting to work in an industry where the agency regulating your industry plays more of an active roll in protecting the public. Do your homework and THOROUGHLY investigate any firm before hiring them to save your biggest asset and the place you call “home”. Most State Bar Association Sites have a member search which can help you get a background report on who you are considering to protect your home.

Just think about it before you trust anyone other than a Licensed Attorney to protect your Home. Would you give another nickel to the people that sold you your Predatory Mortgage in the first place??? Remember, statistics show that most of those same slimers transitioned from Mortgage Lending into “Home Saving”, so think about that before you let them make you a victim a second time.

Adam has been a mortgage expert for many years” Adam has worked with a stop mortgage help for years and offers info onmortgage help to predatory lending victims for nearly 4 years. If you are falling into foreclosure, come by for More Info On the Subject


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