I received an unsolicited call from Newport Mortgage Relief regarding redoing my home loan under the HAMP program. I’ve read your letters from Jim and Larry. I cannot find any record of the company and as they stated, no address or physical location is stated on any of the documents or website. NMR states they are a loan document preparation company and must collect a docmentation prep fee of $2,995 to proceed with docs. I sent them the initial info, but am very reluctant to pay anyone money up fron for what they think they can do without some assurance from their contact with my lender. My feeling is that they’re not for real!
Do you have any other information on this company or experiences with other readers who have been contacted by Newport Mortgage Relief? Any thoughts on your part will be deeply appreciated.
My initial reaction is it’s bullshit.
Let’s look at the situation at hand. You received an unsolicited call, which appears to be a sales call. The company Newport Mortgage Relief operates mostly below the radar. Additionally hey are requesting an advanced fee for something you can easily explore yourself, for free.
I’m willing to eat my hat on this but I would urge you ask them for proof they are registered to do business in your state, and specifics about their owners and track record. You should ask them to state what their past success rate has been and to put this in writing.
Once you get that information, come back and update me.
Till then here are some good free resources.
Please post your responses and follow-up messages to me on this in the comments section below.