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I went to work for a loan modification company, and stayed for about 6 months. It took me about a week to figure out just how much of a scam they were. I realize now that the only real avenue open to a home owner in trouble is a credible law firm credit reports and scores Bakersfield that practices Foreclosure Defense. What we did there was simply take money and make false promises.
Our company, like most of the loan mod companies, was nothing more then a telephone sales room offering the promise of a better mortgage in exchange for their money. The simple answeras much as we could get out of the homeowner.
How much did any of the sales reps know about mortgage modification? We claimed that we could give them outstanding results. An aquaintance of mine, an attorney, explained credit reports and scores Bakersfield that modification was not something that credit reports and scores Bakersfield any lender was obligated to do.
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