Daily Archives: April 8, 2009

Beware the Bandwagon!


First come the radio spots, then TV commercials, then infomercials Рthe first indication that a new industry has been born from a changing economy.  The housing crisis and woes faced by a plethora of borrowers about to lose their homes has begat the newest craze РLoan Modification Services.

Opportunity or Opportunistic?

We are now seeing a proliferation of firms that charge fees for what they promise will be quick results to negotiate with lenders to get affordable loan terms. ¬†Unfortunately, some less-than-ethical folks see this crisis as a way to scam desperate homeowners with false promises of modifying loans.¬† In many cases, the firms take the homeowner’s money but never deliver the services promised.

Considering jumping onboard?

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