Loan Modification Misinformation
There are many scams out there about loan
modification.
One of the biggest scams is to say that
they can lower the principal balance each and every
loan that they handle will have a lowered principal
balance once modified....
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Loan Modification Misinformation
There are many scams out there about loan
modification.
One of the biggest scams is to say that
they can lower the principal balance each and every
loan that they handle will have a lowered principal
balance once modified.
And this is not something to
be trusted.
But because there are so many people
looking for it and because everyone is promoting it
in the news, then there are now a lot of
misinformation going around.
Why is there
misinformation? Why would anyone in their right
minds want to keep these victims from alleviating
their financial crisis by modifying their mortgage
successfully? Well, this is because there are so many
vulture companies out there that want to take
advantage of the situation where so many people are
desperate and will believe anything.
Last year alone mortgage restructuring have been
accruing into large numbers as it is getting the
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