Last month I posted an opinion regarding getting free help from governmen- approved loan modification companies.

Last week while driving to different appointments I heard several stories on local and national radio stations about some of the so-called loan modification companies collecting funds but not really helping clients work out a solution. In fact, they were making things worse by collecting up-front fees, which then left less for the borrower to use to pay current expenses. I did not catch the name of any of the offending entities.

If anyone has first hand information on companies that are truly helping borrowers work out their mortgage situations, please share.