Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

Mortgage Loan Modification companies scam 1.mp4

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
238 views
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Sep 18, 2011

Loan modifications scams are changing every day.
Every 13 seconds in America, there is foreclosure filing. There are more than 6,000 home foreclosure filings per day. 4.5 million households are currently at risk of foreclosure. Expert are predicting between 1.5 and 2.0 million new foreclosures in 2010 and an estimated 8.1 million foreclosures by 2012. Florida is number one regarding to 2009 foreclosure rates by state 18.81% so that's why we have a lot of scams. homeowners at risk of foreclosure and looking for loan modification guidance should avoid an company or person who: Ask for fees in advance, Guarantees that they'll stop a foreclosure or modify a loan, or Tells you to stop paying your mortgate company and to pay them instead. What services did the company or individual offer? Loan modification assistance/consulting, Legal representation. Reverse mortgage . Foreclosure relief/consulting . Bankruptcy. Refinancing. "Ask Me About Foreclosure alternative" Short Sales

"Ask Me How My Designations Benefit You"
CIAS Certified Investor Agent Specialist
CDPE Certified Distressed Property Expert

"The Best Compliment You Can Give Me Is The Referral of Your Friends and Family!"

Category:

People & Blogs

Tags:

License:

Standard YouTube License

  • likes, 1 dislikes

Link to this comment:

Share to:

Uploader Comments (TheJcassurance)

  • Things you Should Know

    A company/person asks for a fee in advance to work with your lender to modify, refinance or reinstate your mortgage

    A company/person guarantees they can stop a foreclosure or get your loan modified.

    Action Jacqueson Short Short Sales Specialist

    "Ask Me How My Designations Benefit You"

    CIAS Certified Investor Agent Specialist

    CDPE Certified Distressed Property Expert

    "The Best Compliment You Can Give Me Is The Referral of Your Friends and Family!"

see all

All Comments (2)

Sign In or Sign Up now to post a comment!
  • Listen up people,this is how the system works.The Obama Administration just wants to give people the impression that they are doing "something".The Making Home Affordable program is managed by a bunch of college students working for a nonprofit organization. They are idiots.There is zero value to modify a loan that should never have been approved - the workers in the program just want your information to include in their statistics.This program is not going to help anyone - unless you are black.

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more