Loan Modification Information

Our partner blog Loan Modificaiton News has a great article about what to look out for, and mainly, common sense when it comes to trusting things online. Such as - dont trust companies with free email addresses, no addresses, no bbb, websites with spam all over the place, etc. From the article: "...

Most lenders offer loan modification programs to borrowers who are having a difficult time making their monthly mortgage payments.  Lenders have set up Loss Mitigation Departments to handle this aspect of their business and have trained staff to help troubled homeowners with loan modifications to...

The new york attorney general Andrew Cumos has gone after 14 loan modification companies and plans to go after at least one more in the near future. Earlier today Cumos said he filed an "Intent To Sue" to Amerimod, aka American Modification Agency, Inc for illegally charging up front fees and fal...

If you are considering applying for a loan modification you may be wondering how much it may cost you.  Actually a loan modification can cost you thousands of dollars all the way down to absolutely nothing if you negotiate your own loan modification.  There are many loan modification companies wh...