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# HowTo Package Your Loan Mod Application Kit
# HowTo Phone Negotiation Tips
# HowTo Complain & Motivate To Get Action
# HowTo Follow Up by Phone, Fax, Mail
# HowTo Use a Qualified Written Request
# HowTo Use a Mortgage Audit As Your Ultimate Weapon
# HowTo Fight Rejection Tactics
# HowTo Stop a Foreclosure Sale In 1-Day
# HowTo Remove Bad Credit & Raise Your FICO Score
# HowTo Eliminate All Your Debt

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Loan modification scammers hitch a ride on Obama coattails to lure homeowners

19/08/2010
By Gail Simmons

Scammers are using President Obama’s mortgage relief program – and his photo – to squeeze bogus fees from homeowners trying to avoid foreclosure Across the country, dubious loan modification firms are claiming affiliation with the Obama administration’s $75 billion program to help struggling homeowners trim mortgage payments. Some are running websites with photos and...
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Professor Elizabeth Warren grilled Treasurey Secretary Geithner on failure of HAMP

18/08/2010
By Gail Simmons

Harvard Professor Elizabeth Warren who has championed consumers and taxpayers for decades, has pointed discussion with Geithner on government program issues One of the strongest parts of the Wall Street reform bill that just passed Congress is the Consumer Financial Protection Bureau (CFPB). But whether the new bureau delivers on its promise to protect...
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Wells Fargo HAMP loan modification activity for June 2010

16/08/2010
By Gail Simmons

Wells Fargo saw a dip in the number of active trial modifications in the month of June 2010 Many homeowners have had trouble making their mortgage payments during the modification period and as a result many Making Home Affordable modification trials have been canceled by a variety of lenders. Yet, these cancellations and low...
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Eight loan modification marketers banned by FTC

12/08/2010
By Gail Simmons

Eight marketers are banned from selling mortgage modification or foreclosure relief services under settlements with the Federal Trade Commission. The FTC alleged that the marketers charged homeowners up-front fees and falsely claimed they could get their mortgage loans modified or prevent foreclosure on their homes. The settlements in three separate actions are part of...
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Big banks make HAMP a joke program

10/08/2010
By Gail Simmons

Ohio Senator, Sherrod Brown, sent a letter to four top banks (Bank of America, Citi, JP Morgan Chase and Wells Fargo) begging them to cooperate with the HAMP The number of problems senator Brown identified with how banks and servicers are using the HAMP program show what a joke the program is for millions...
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Treasury Dept admits HAMP report contains data mistakes

03/08/2010
By Gail Simmons

The Treasury made a mistake in reporting the number of delinquent borrowers who have permanent modifications under their HAMP mortgage modification program. The June 2010 report contained a new chart detailing the performance of these reworked mortgages. It looked good, a little too good. Analysts began asking questions, and Treasury soon realized that there...
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