I have been researching Mortgage Modification for the past few weeks, as I want to add the services to my business.  I beleive extra income can be produced as well as great service to homeowners who have come on hard times due to the economy, job loss, divorce, Real Estate Market and various other reasons.  However I want to make sure that any company that I get involved with is both ethical and has the best interest of both myslef and potential clients.  I am compiling a spreadsheet of all of the companies that I have been researching, with the following information.

Name of company

contact name

Phone numbers

email contacts

web addresses

If they offer Affiliate programs  Yes or No

Affiliate cost to get started

approximate costs to homeowners

addresses

and some notes after speaking with marketing heads and sales people

       I will be happy to send my findings to anyone that is interested.  My list has grown to over 295 companies. I have color coded the list.  Those companies highlighted in Green are ones I beleive are good companies to work with. Those companies highlighted in yellow are ones that I would use caution in using as I have found red flags about them.  And those highlighted in Red I have found either complaints on the internet about them, or to many other redflags to feel comfortable using them.  Again it is based only on my opinion after speaking with reps of those companies and researching them on the internet.   I will also let you know what company that I chose along with a list of reasons why. I am still adding to the list.  Those interested can either call me or e.mail me.  I am sure there are many very legitimate companies to represent, as there are also many scams out there looking to make a buck on Real Estate Agents, Mortgage Agents, and Homeowners.  I only want to make sure that I am affiliated with a company that has integrity and has experience doing loan modifications and short sales.  I am also writing a report on my findings of foreclosure scams and legit foreclosure help options.  I will use it in a Free Report marketing campaign.  I beleive I found the absolute best company to work for as an affiliate.  No fee to get started like  Freedom Forclosure wants, and much better training.  Send me your request and I will be happy to send the spreadsheet to you.  Or you can check out the company I am affiliated with.  It is at the top of my list for a reason.    www.homerescueprogram.net/thargreaves        My list of Loan modification companies is the most extensive on the internet.  I have spent over 100 hours compiling it and contacting these companies to find the few that are very good and help people avoid the ones that are inexperienced or just down right scams.

This list of Residential Loan mod companies to represent is dwindling quickly.  The demand for modifications is high, however the Government is making it harder and harder for businesses to do modifications.  No up front fees is making it harder for businesses to pay personel who are negotiating with the lenders, and forcing refunds to clients who obtained a satisfactory modification.  Only a small number of companies are choosing to stay in the modification business and about 5 are on my list that I can still in good conscience recommend.

Because of the enormous number of fraudulent loan mod companies, changing legislation, and sheer number of loan mod companies closing their doors, I will be focusing more on Commerical Modifications. I have chosen a company to work with and if you would like information on that company I will be happy to send it to you.. there are no advance fee restrictions for commercial modifications, and the income potential to brokers is 5 to 10 times larger than that of residential modifications.  I am also compiling a list of Commercial mod companies as well, as there seems to be as much fraud in that business as there was in residential.  However a good modification company can keep many business owners from losing their buildings.

Thomas Hargreaves    agentshelper@gmail.com    Phone: 541-844-1830