Added: 3 years ago
From: hopeforhomeowners
Views: 1,842
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  • Always look into the requirements for each state in which you are completing a loan modification.

  • @hopeforhomeowners

    No one I know has been able to get their lender to accept the hope for homeowners program. I was able to get my loan modified, but 1 month into the modification, they sold my loan to a new lender and now they will not accept the terms of that modification. I think it is time for me to walk away.

  • California's Mortgage Foreclosure Consultant Act at Civil Code 2945.4(a): "It shall be a violation for a foreclosure consultant to:

    (a) Claim, demand, charge, collect, or receive any compensation until after the foreclosure consultant has fully performed each and every service the foreclosure consultant contracted to perform or represented that he or she would perform."

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