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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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BBB warns against auto loan modification scams

02/08/2010
By Gail Simmons

Beware, auto loan modification companies are following in the footsteps of mortgage modification scammers Ads on TV may promise to modify car loans and stave off a visit from the repo man, but some companies fail to carry through on their promises. Better Business Bureau recommends that cash-strapped consumers save their money by trying...
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Loan modification scammers in Tolleson AZ claim they are from the city

30/07/2010
By Gail Simmons

Tolleson does not offer mortgage-reduction programs, reduced interest rates on mortgages or any other service of that sort. So if someone saying they are from the city calls offering mortgage help, hang up immediately. Loan-modification scams are proliferating as the recession lingers and more Valley homes are foreclosed. Scammers are charging large fees to...
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California loan law wants lenders to give a decision on loan modification before starting foreclosure

11/06/2010
By gailsimmons

Jose Vega was on the phone with JPMorgan Chase in April negotiating a loan modification when a real estate agent knocked on the front door of his Pittsburg house and said it had been repossessed in foreclosure a day earlier. “I literally handed the phone to him and said, ‘Why don’t you tell this...
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San Diego businessman pleads guilty to loan modification fraud scheme

10/06/2010
By gailsimmons

False and misleading statements used to induce customers to purchase loan modification services from a San Marcos-based businessman pleaded guilty to conspiracy, money laundering and tax charges. Glenn Steven Rosofsky admitted that in April 2009, he and Michael Trap — who previously pleaded guilty — began operating a loan modification business using the names...
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Homeowner gets more than loan modification from HSBC, judge wipes out mortgage

09/06/2010
By gailsimmons

All Orlando Eslava wanted from his lender was a loan modification to make his payments affordable. Instead, he got his $207,000 mortgage wiped out — and a crash course in the confusing way foreclosures are unfolding in a court system chock-a-blocked with cases. The teacher was Miami-Dade Circuit Court Judge Jennifer Bailey, who cancelled...
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Cancellation of trial loan modifications affect over 122,000

08/06/2010
By gailsimmons

Troubled Borrowers Get Booted from Mortgage Modifications Homeowners who had trouble keeping up their mortgages found that they’d had their loan modifications canceled in April under the HAMP program because they were unable to make their adjusted payments or disclosed false information regarding their income. With more than 122,000 borrowers having their trial modifications...
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