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Loan Modification

: Mortgage Lender Implode-o-Meter

The FTC Needs a More Reasoned Approach to Stop Loan Mod Scams

By Implode-Explode Heavy Industries

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"In other words, if it is true that ?everyone who charges a fee to help a homeowner get his or her loan modified is a scammer,? then with millions trying to get their loans modified, and thousands out there offering to help them for a fee? well, then with state and federal governments out in force to stop the supposed abomination, there have to be many hundreds or thousands of scammers and tens, if not hundreds of thousands scammed."

Full post as published by Mortgage Lender Implode-o-Meter on May 10, 2010 (boomark / email).

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