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Loan Modification

: Mortgage Lender Implode-o-Meter

HAMP = Foreclosure

By Implode-Explode Heavy Industries

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``What are the options for a homeowner if HAMP is a fraud? The only real option that exists is to hire a competent attorney to fight for you. Even then, there are no guarantees. But, the Government and President Obama do not want you to do that. President Obama has publically stated that the lenders will work with you to do a good loan modification. He has also stated you should not hire a person to work on your behalf because lenders will do a modification for free. Yet, there are now stories in all 50 states where lenders are charging fees for loan modifications.''

Full post as published by Mortgage Lender Implode-o-Meter on April 15, 2010 (boomark / email).

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allegedly charged borrowers improper foreclosure fees.

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