Hey callie thanks for the Info, this is a very serious issue and people like you need to shine a light on these SICK companies.

I WILL SPREAD THE WORD!!!!

Thanks callie for the info, people should be aware of this and I will spread the word !!!!

Callie,

Just yesterday I referred the son of a client to a loan modification specialist.  He was quoted a total fee of $2500, of which $800 was to be upfront and nonrefundable.  There also was no mention of a "money back guarantee".

Is your "money back guarantee" in writing?  And if so, could you post a link to it or send it to me via email?

Thank you,

Brian

Sojourner47@comcast.net

Hi Everyone, I totally fell for it too, i'm so embarrassed and I feel so stupid. I paid FLM $2000 upfront and lost 3 months before I realized nothing had been done. Please be careful with who you give money to before they give you any product. Thank god i found this website because a HUD counselor from Hope Now gave it to me: loanfraudrecovery.org   I got my money back finally with their help. It may be useful to other people, just putting it out there for anyone scammed like me. :(

I work for a home loan servicer.  Never pay to get a modification because it can be done by yourself for FREE.  Yes, you may have to be on the phone and visit a fax machine, but the way the investors look at it, that money you spend could be keeping your loan current... and then you are denied.

Can anyone tell me if Federal Home Loan Relief is a legit company?

We invested in SAVEMYHOMEUSA because of all the positive things we've heard from family, and because of the BBB rating it had.  They boast a 100% money back guarantee but alas, WE WERE SCAMMED anyway. 

We met 100% of their requirements.  They did "negotiate" with our lender but we were denied an adjustment because 'after all the bills are paid for the month there is an access of $15.47'.  Heaven forbid a car breakdown or our sump pump go out!!!

So according to savemyhomeusa we were supposed to get a check for a FULL refund.  We FINALLY got a check after threatening them with a lawsuit.  WE DID NOT GET A FULL REFUND like they said we would.  We paid $1,995 for the program and only got $1,390 of it back.   They scammed us $606.95. 

Hey Jenny

I got scammed by SavemyhomeUSA also.  Same thing; I paid them a fee, waited months for a "modification" which resulted in the same interest rate, same loan types, with just thousands added to the prinicple and the payment being 500 a month higher.  Seriously?  And, I was told that "is a great deal".  What deal, I can go out into any street and hand over hundreds of dollars to someone without having to put it in writing if I want to just give my money away.

Also, the refund?  Well at least your check cashed.  I received mine and went to their bank to cash it; non-sufficient funds.  What a shady company SavemyhomeUSA is.  It is a felony, called check fraud to write a check on NSF.  If they cover the check, great they're still a scam company (hence the request for refund).  If they do not, I will be contacting district attorney, my attorney, and the attorney general. 

By the way, I will be losing my home.  I was told by one of the representatives to "stop paying your mortgage payment".  Of course they tell you that they would never tell you that.  Why wouldn't they want you to stop?  It makes it easier for them to keep you hanging on, and in the end, they will give your information to another scam company that comes in like a buzzard looking for dead meat.  Check out this website:  http://www.motivatedsellermagnet.net/million_dollar_idea.html  This website says they get most of their leads from SavemyhomeUSA. 

Has anyone ever heard anything negitive about Homeowners Relief Group, Inc. They are located in San Juan Capistrano, Ca. They have a real office location. Are Attorney based. I can't fine anything about them on BBB. I also googled them and nothing negitive came up only their website. They do charge an up front fee. Their cost for a loan modification is $2495 and require 60% up front to start the negotiations.

Genny  

I think that your blog is great. I unfortunately came across it too late. I HAVE BEEN SCAMMED BY SAVEMYHOMEUSA for $3100.00  It has been a complete and total nightmare. I fell for their "money back guarantee" and I never recieved a penny back. Instead I seem to only get voicemails and nobody ever calls me back. Instead one of their employees sent a fax to my employer tellinh him that I call too much during the times I am on the clock. SO NOT ONLY AM I LOOSING MY HOUSE, NOT ONLY HAVE I BEEN BURNED BY SAVEMYHOMEUSA, BUT I MAY ALSO LOOSE MY JOB..... I plan on continuing to write the mortgage loan division, atty general and whoever it takes to make sure that this never happens to a struggling family again... SHAME ON YOU SAVEMYHOMEUSA

I WOULD LIKE TO KNOW IF ANYONE HAS USED INTEGRITY HOME SAVERS.... AFTER A FEW PAYMENTS AND MULTIPLE UNANSWERED PHONE CALLS, I HAVE COME TO THE REALIZATION THAT I HAD BEEN TAKEN.  IT LOOKS LIKE THEY JUST UP AND DISAPPERAED

Has anyone heard of Loss Mitigation Group, Inc, a loan modification division of Blue Capital Law Firm, P. C.?  They allegedly are based out of San Diego, CA but can't find them on BBB web site.

Thank you for this information. One of the worst scams out there is INtellichoice / Mantis out of San Diego and Phoenix. These clowns / crooks have scammed 1000s of homeowners and are operating illegally in most states...make sure they dont scam anymore innocent homeowners!

http://tinyurl.com/MANTISBBB

http://tinyurl.com/ICBBB

http://dre.ca.gov/cons_complaint.html

I would have to say that they are worse than apollo funding and peoples first combined

Wanted to add that Save My Home USA is a scam! We checked to BBB before deciding to go with them and they were accredited. Then... We paid them money they requested. We was already 3 months behind on our mortgage.

I had not heard from Save My Home USA in nearly 3 weeks so attempted to contact them to see what the deal was. No phone number work anymore, their website is being directed to a different web site lmprocessing and then I checked BBB website and they have been REVOKED! Now I am 8 months behind on my mortgage since Save My Home USA told me not to have contact with the bank of make any payments, we are out all the money we paid them and are probably def. going to lose our home unless our bank works with us!

If anyone finds information on Save My Home USA, please post it! The BBB even listed on their site that no one is able to get intouch with them!

My husband and i had a horrible experience with a company called American Home Rescue Group (AHRG). We gave $3200 to modify our loan. they colelcted the documents needed and then we didnt hear from them for months. they advertise weekly status updates. not only did we not recieve the updates, when we contacted after over 9 weeks, they didnt have and update for us. the account was in "processing." we waited two more weeks and called again, again there was no update. beginning to get frustrated we began calling daily for updates and always getting an operator who knew nothing. the consultant who sold us the modification was never available. finally we requested either an update or a refund, to this, they responded. we were called from a man named norman claiming to be from the legal department. he said that we were harassing there customer service agent and that they would no longer work our file. in addition he said we would not be getting a refund of any sort and that there were grounds for cancellation in the contract. there address turned out to be a mail box store. we contacted the new york attorney generals office and filed a complaint, apparently there were others filed already. out $3200 and trouroughly disgusted with the thought of hiring another company, we had nowhere to turn. we recieved a sale date notice from our bank stating that we had less than a month until our home was going to be sold at a foreclosure auction. my husband found a website that said they could show you how to stop a foreclosure sale. he bought some modification manual for $250 and followed the steps. it worked so we decided to try there loan audit that the customer service person recomended. it was $549. we read the manual carefully, filled out the forms it came with and submitted it with package they sent us. after 10 weeks of negotiating we came to a modification agreement with the bank that cut our payment by a third and reduced the principal by $11.000. needless to say, we are very happy. however, it is distressing to know that businesses like AHRG are allowed to operate. the took $3200 from us for something we did our selves for a fraction of the cost. my advice to anyone looking to modify would have to be, do it your self. no need for updates, running your credit or rediculous fees with no gurantees. there are numerous kits available on the internet ranging in price. the company we uses was called MyHSS, they were very knowledgeable and helpfull with any questions we had. the customer service girl talked us through almost every step. their website was WWW.MyHSS.net even if you dont buy the products there site has a lot of usefull information.

Sandra, NY

If there are any Save My Home USA "Clients" out there who can't get anyone on the phone since they "Shut Down", I might be able to help.  They just changed their name to "Franklin United".  Same building, same employees just a new name.  Their main phone line is never answered but here are a couple numbers to try : 248-629-8523     248-629-8527   Hope that helps!!

I just want to say for the person above bashing intellichoice, they were not always a scam. I worked there for a long time and help to save many homes in the time I worked there with many happy clients. 

I called Guardian Advocate Group to modify my loan way back in June. I talked to a guy named Gregg Shwack and was convinced that this was a legitimate loan modification company. I also had small email communication with Mike Luchen (CEO), who also assured me that I was in good hands. 

FYI, Mike Luchen is in prison and you will not hear back from MIKE LUCHEN from the Guardian Advocate Group for a long long time...he has been convicted and is in jail!  He evidently thought being a top agent gave hime the right to go against the law!

Coldwell Banker in White Plains has dropped him and his license and his listings have been assigned to other agents.  Coldwell Banker has silenced their agents and have been told to say he has taken time off due to personal reasons.

I can't stand these people who make it bad for the rest of us honest and hardworking agents!

Here is his site

http://www.mikeluchen.com/

http://www.guardianmods.com/ 

Beware of the PRIORITY MORTGAGE GROUP, INC. DBA PRIORITY FINANCIAL GROUP. They have a DRE licence 01789005. I paid them $4000 advance fee to handle my loan modification application with IndyMac. Guess what? My house was foreclosed anyway. I called IndyMac why was my house foreclosed despite my pending loan modification application. They said that the only communication they got from the Priority Mortgage Group was a request to list them as an authorized party on my loan and NOTHING ELSE!

Now I am having difficulty recovering my money because their Designated Officer, Mr. David Gomez, continues to ignore me.

I guess the DRE licence is not a foolproof indicator to tell the difference between acam artists and honest-to-goodness professionals.

I would be very happy to see their licence revoked.

MIKE LUCHEN aka Mike Yeninas is in fact a convicted felon now. He is serving his sentence in Ottisville Federal Prison Camp. Hopefully the state will yank his real estate license for good. Its people like this that give all the good Realtors a bad name

Callie just called me. She made a great point in which she pointed out the methods I used to get her attention. I should not have questioned her Christianity. I know understand the situation and what had transpired. I apologize to you Callie. i truly ask for your forgiveness in the way i went about trying to contact you.

Even after i did what I did- she offered advice and counseled me on my situation. Again- Callie....I apologize and thank you for your efforts.

I just want every one to know that the Loan Modification company Insta MOdify is a total scam. Do Not Use this Company!!! They are nothing but a bunch of time wasting, money hungry scam artists.
I paid them $1,500.00 to modify my mortgage in Febuary and it is now December and they haven't done a thing. I had to call my bank and start proceedings myself on which I have gotten farther in oone month then Insta Modify "supposedly got" in the 9 months they were "working with me". i got screwed because I was freaking out about losing my house and it sounded good. I don't want anyone else to suffer with these people.

i was taken for a $2795 up front loan mod. after a year, we were fed up. i sent a certified letter demanding a refund, as the loan was never modified. they sent me a package stating they had gone beyond their duties and they were not going to refund my money. also in their packet was a conversation log they kept. in this log, an employee documented that he advised the borrower (me) that we should defer our payments. is it legal to suggest such a thing? any insight i would appreciate. i'm now addicted to researching this kind of matter. i don't care about the money anymore, i just want justice.

thanks

ksa

Ladies and Gentlemen- 

Just to let you know that i do loan mods everyday , I work for many different firms, atty's and mod companies. you have to do your research, but remember that no mod is ever a gaurentee. All loans are owned by investors and some do not even do mods. the other thing is that you can go in asking for the world, princlpal reductions, huh we hardly ever see these in the mods world, although some lenders are doing them. The goverment mods are based off of your gross income, not the payment you think you can afford, and investors and lenders want to see that you have a little money left over at the end of the month not a negative cashflow.

You should be leary of companies that are not able to provide you with the communications that they have made with your lender. Not all mod companies are bad, just be careful, and if the offer is too good to be true it probably is. No company offers a moneyback gaurentee in mod industry, because it is never a slam dunk!  

KSA - No they can not advise you not to make your payments! 

My mother in law had a guy named Tony Fender come over from Bright Star Mortgage 9 weeks ago telling her that she would save money off her home mortgage. She was told the process would take 4-6 weeks and mentioned to her that this would be 100% guaranteed, after filling out a little paper work within 15 min. and writing a check out to him for $500. Little did she realize 9 weeks later, after numerous messages left with Bright Star that she she had been SCAMMED! Their has been no call backs and no lower mortgage rate as promised by these guys, after being told by Tony himself it would be a done deal.

My mother in law finally got through today with Bright Star and Tony, the gentlemen she dealt with told her that they are still waiting, and the people who apply now probably wouldn't even get approved for the loan if they tried.

After hearing this, I called Bright Star later on acting like a new customer and talked to the same guy named Tony Fender, about doing a modification loan of my own. He told me also that I would be guaranteed anywhere from $300-$500 off my home mortgage after just stating to my Mother In Law that anyone who applies now probably won't get approved.

This is infuriating that these mortgage brokers are scamming people out of money telling them lies, taking their hard earned money and not doing anything with it.

I have done some internet research on this Tony Fender character and found some real interesting info on this shyster:

This guy failed to get his Residential Mortgage License after sending checks with Non-Sufficient Funds.

Department sent a Potential Disciplinary Action letter via

U.S. mail service, and U.S. certified mail advising Licensee that Acceptance Mortgage

Corp. has failed to comply with the RMLA and Rules

I HAVE CONTACTED THE BETTER BUSINESS BUREAU ON THIS GUY AND PEOPLE SHOULD BE WARNED!

MAKE SURE THEY HAVE A MONEY BACK GUARANTEE!