If you and/or someone you know has questions or concerns about a company that has promised to assist you in loan modification go to the link above and check the company out.

Jerry Brown has requested that all must sign up with his office to legally provide services in the State of California.

Loan Modification Fraud has become so rampant and many people in financial distress are seeking any glimmer of hope for their situation that allows for them and opens them up to become victims of the various fraudsters and scams .

I recently heard of a victim who paid not once but twice to different companies....

NEVER pay any upfront fees to someone to do a loan modification.

The banks would rather work directly with you the client. You do not need someone unless you are having difficulty filing the paper work etc but you still do NOT pay fees up front.

There is a lot of good information for the consumer in regards to this at the link provided.

DRE License # 01255032

Posted by Terry Osburn, Broker Associate on 11/03/2009 10:15 AM

Comments (2)

loan modification, scams, jerry brown, fraud

Originally posted at: i SELL East Bay Real Estate...: Jerry Brown has link now to check status of Loan Modification Companies

This post has been included in California Information

2 Comments on Jerry Brown has link now to check status of Loan Modification Companies

NOV

EXCELLENT INFORMATION! I will Pass The Link Along To Everyone I know. The Loan Mod biz has given me a Sketchy Feeling. I worked for a Mortgage Broker for years and it is amazing how easy it is to be a Loan Mod "Specialist".

Michael,

Yes Please do....The more knowledge we can give the consumer the better in terms of protecting them from further disaster.

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