http://blownmortgage.com/2009/11/05/loan-modifications-scrutinized-1340-loan-modifications-investigated-in-california/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Tue, 02 Mar 2010 16:03:12 -0700 http://wordpress.org/?v=2.8.3 hourly 1 http://blownmortgage.com/2009/11/05/loan-modifications-scrutinized-1340-loan-modifications-investigated-in-california/comment-page-1/#comment-73074 Steve Fri, 06 Nov 2009 14:02:46 +0000 http://blownmortgage.com/?p=3806#comment-73074 Wow. You have no clue what is going on and good luck with home prices going up 9.5% next year. Please take your head out of the ground and look at the unemployment rate and the number of homes that are being foreclosed on each month. <br>Did you ever stop to think that maybe banks not being willing or able to give loan modifications might have something to do with all the complaints about loan mod companies? If you pay $3000 to a loan mod company and they work for 4 months trying to get you a loan mod and then the bank says no, what do you do? Well, you yell and scream about a scam because of idiot bloggers who write ridiculous articles without having a clue what is really going on. <br>Are there scammers, well of course there are, just like in every industry but thanks to the media it gets blown way out of proportion. Have you ever tried to negotiate a loan mod on your own or called the government for help? If we were back in the old days you would be stoned for giving such terrible advice. After hearing hundreds of stories of people who have gone down that road I would not wish that on my worst enemy. Please educate yourself before you write anything else. You are not helping people by standing on the sidelines and throwing mud in the wrong direction. Wow. You have no clue what is going on and good luck with home prices going up 9.5% next year. Please take your head out of the ground and look at the unemployment rate and the number of homes that are being foreclosed on each month.
Did you ever stop to think that maybe banks not being willing or able to give loan modifications might have something to do with all the complaints about loan mod companies? If you pay $3000 to a loan mod company and they work for 4 months trying to get you a loan mod and then the bank says no, what do you do? Well, you yell and scream about a scam because of idiot bloggers who write ridiculous articles without having a clue what is really going on.
Are there scammers, well of course there are, just like in every industry but thanks to the media it gets blown way out of proportion. Have you ever tried to negotiate a loan mod on your own or called the government for help? If we were back in the old days you would be stoned for giving such terrible advice. After hearing hundreds of stories of people who have gone down that road I would not wish that on my worst enemy. Please educate yourself before you write anything else. You are not helping people by standing on the sidelines and throwing mud in the wrong direction.

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