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Loan Modification

: Mortgage Lender Implode-o-Meter

Mortgage-Relief Firms Banned by FTC From Charging Consumers Advance Fees

By Implode-Explode Heavy Industries

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"Mortgage-relief businesses also can?t claim they?re affiliated with the government and can?t say they?ll succeed in getting a lender to modify a mortgage. The companies must disclose that consumers who stop paying their mortgages could damage their credit ratings or lose their homes."

Full post as published by Mortgage Lender Implode-o-Meter on November 20, 2010 (boomark / email).

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