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Loan Modification Companies and Government Regulations - 01/05/10 03:47 AM

Via Dan Harris (Harris Capital Management, Inc. The Home Retention Group):
Recently there have been warnings by many in the government and the media regardiing the services of loan modification companies.
I for one agree that the newest mortgage meltdown crisis has given way to a new group of would be predators. But I differ greatly on how to handle this problem.
It is my opinion that the Federal Government should enact legislation governing the operation of these companies with regards to their ethical and fiduciary responbsibilities, as well as the ability to collect fees.
Instead of restricting the … (1 comments)

 

Beryl Gosney

Everett, WA

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Connect Realty Inc

Address: Everett, WA, 98203

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I love forums --- I learn alot by communicating not just with real agents, but other professionals within the real estate industry and most importantly, continuing a dialogue with part and present clients, and those who are not looking for an agent but would just like to ask a question or two.


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