Foreclosure Rescue and Mortgage Modification Help Just Bad Actors in New Clothes

Steve RhodeBy Steve Rhode
Ask me your question.

 

The New York Times has a great article out about the transformation of subprime mortgage brokers into new entities that promise to sell help for people to get mortgage help.

Late last year, he and his team — ensconced in the same office where they used to broker mortgages — began working for a loan modification company. For fees reaching $3,495, with most of the money collected upfront, they promised to negotiate with lenders to lower payments on the now-delinquent mortgages they and their counterparts had sprinkled liberally across Southern California.

Read the full article here.

debt articles Foreclosure Rescue and Mortgage Modification Help Just Bad Actors in New Clothes
@GetOutOfDebtGuy

Source: Foreclosure Rescue and Mortgage Modification Help Just Bad Actors in New Clothes

Other Related Articles to Read

If you enjoyed this article and would like to be notified when new similar articles are posted, you can have them delivered right to your e-mail inbox or to your blog reader absolutely free.

Enter your email address:

Tags: , , , , , ,
What do you think this person should do? Do you have a message of encouragement or support you'd like to leave? Leave you comments and advice below.

Comments

No comments yet.

Leave a comment

(required)

(required but not published)


CommentLuv Enabled

Subscribe without commenting

 


Do You Have a Get Out of Debt Question You Want to Ask?

I'm happy to answer any question you have about how to get out of debt, as honestly as possible by sharing with you my experience and truth that I learned from helping thousands of people to get out of debt. Don't be shy, if you need help, ask now, click here.

And if you want to follow the latest questions and answers, just subscribe to my site RSS feed or get the email newsletter for free.