All those billions of dollars earmarked to modify American consumer mortgages have not been policed. Loan modification departments at the major lenders are jokes! I have personally been involved with attempting to help modify clients as well as my own loan. I do not do this for a fee. If you want to understand just how much the US Government is in touch with the billions they targeted for these programs, simply call your mortgage company and ask if you qualify...... Overworked, Unqualified and no authority are the qualities of the people you will talk with. Most clients get turned down over a phone interview..... How can these banks turn someone down without documentation? How can these institutions not be held liable for helping consumers..... The US Government is nothing but ENABLERS who turn their back on policing the very guidelines they create.....

here is a scary thought -

what if every American homeowner who is upside down STOPS paying their mortgage?

Thinks the banks would start modifying their homes now?? This could become a reality in the upcoming months if foreclosures continue to drive down property values.....