AtlanteHelas

The place loan lenders who created the actual largest consumer rip-off out of them all are now running scared because homeowners have the option of getting a profession expert loan mod company to represent them to secure a better modification result then that homeowner could get from themself.

The lenders are seeding what is the news media, who they pay lots of advertising dollars to, with an offer to try and do free loan modification. They are also mixing 'consumer' slanted news articles or reviews touting the perils of hiring a consultant loan modification company that will the homeowner. loan modification

If you are having problems making your 'overpriced' home loan payment, you might be contacted by people who wish to help you. But it could be a scam. " Then they mail the homeowner a 'bait letter' pitching of the fact that homeowner MIGHT qualify designed for super low rates, but they have into the future into the lender ALONE (no representation). Then when the homeowner gives up All their income/expense/hardship info, the lender takes full advantage to publish the loan mod in the lenders total favor. The homeowner could have had a certainly better, EXPERT NEGOTIATED loan mod, but was scared away from getting expert help.

The public relations departments of giant lenders spin the worry of 'scam' to any homeowner. These are the same individuals scammed America with untrue overpriced home appraisals, huge fat loans and even low tickler rates, to seduce the home owner into thinking they gained the LOTTO, except they put them in the loan they could not even afford. The lenders are often called Bankster's!