mortgage modification: The Mortgage Modification Conspiracy - 08/27/10 04:55 PM
Image via Wikipedia This is why homeowners are screwed. You can either read this with an open mind or continue to believe in loan modification fairy dust. There are also a few bad words here and there to emphasize the vulgarity of this subject.
It has been three years since I started preaching the loan modification gospel from my blogging pulpit here on LoanSafe.org and over on my other blog, LoanWorkout.org. I have come to the conclusion recently that the vast majority of struggling homeowners who cannot maintain their current mortgage contracts are on the foreclosure creek without a loan modification … (2 comments)
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mortgage modification: Is this loan modification company a scam? - 07/10/09 02:28 PM
Let's take this question I received in my forum as an example of doing a little due diligence. This member was asking if a California Loan Modification company can help her in South Carolina and if they were a scam? Within 1 minute on Google, I located the company and some disturbing facts.
Here is the discussion and I hope it helps others out there.
Question:
Loan Workout Consultants, LLC. in Tarzana, CA, LLC. in Tarzana, CA. The guy claims they will do all the paperwork and contacting Bank of America with a 100% guarantee of a loan mod we can afford or our … (0 comments)
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mortgage modification: The Loan Modification Swindle - 07/10/09 02:20 PM
A person's eyes can only have the wool pulled over them for so long, right?
Am I right to say that a civilized society can only be asleep for a certain amount of time before they wake up and realize that they have been suckered?
I am telling you that nothing really has changed too much from when I started blogging about this problem two years ago. Loan modifications are still pretty darn hard to obtain and if you need one, you better be ready for the silliest game of run around and where's my paperwork that you have ever experienced in … (0 comments)
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mortgage modification: President Obama’s Foreclosure Prevention Plan Explained - 02/19/09 12:14 PM
Who Will Benefit from the Obama Housing Plan?“The plan I am announcing focuses on rescuing families who have played by the rules and acted responsibly: by refinancing loans for millions of families in traditional mortgages who are underwater or close to it.” - President Barack ObamaThe new plan will help two categories of homeowners as well as Fannie Mae and Freddie Mac. The homeowners this plan will help fall in to two categories. First, homeowners that are in distress and at risk of foreclosure will benefit from the plan. Second, homeowners that are current on their mortgage with high interest rates … (2 comments)
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mortgage modification: Mortgage Modification | Learn How to Obtain a Loan Modification for Free - 12/13/08 11:06 AM
Can you obtain a mortgage modification on your own for free or without buying a book?
I have proven over the last year and a half that homeowners get a loan modification on their own and I have over 200 documented stories on my forum at www.LoanSafe.org to back up these claims.
We at Loan Safe have compiled the most complete list of FREE loan modification and safe foreclosure help tools available on the internet. The tools below will give you the education and know how to effectively deal with your lender or to obtain help from a non-profit.
The example hardship letters and lender … (3 comments)
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mortgage modification: Mortgage Help - 03/03/08 01:00 PM
By Moe Bedard
If you have been looking for mortgage help or assistance with a loan modification, then you have came to the right website for safe and accurate information. This blog and our forum at LoanSafe.org was created for the sole purpose of assisting homeowners who are struggling with their mortgages to find the "real deal" when it comes to understanding what these crazy lenders and servicers are doing to help.
By all means DO NOT TRUST these phony loss mitigation companies that are preying on homeowners everywhere. Many of these fly by night companies are coming out of the wood … (4 comments)
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