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Loan Modification

: Loan Modification & Home Loan News

Loan modification firms prey on desperate homeowners facing foreclosure

By Evan Bedard

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These are desperate times for families facing foreclosure. Some companies are now preying on that desperation, claiming they can renegotiate delinquent mortgages in order to lower monthly payments. Some firms charge homeowners thousands of dollars to do it. But after shelling out all that cash, many families say they are not getting the new mortgages [...]

Full post as published by Loan Modification & Home Loan News on November 19, 2010 (boomark / email).

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