Beware of Loan Modification Scams!
Given the current state of the economy and the rising unemployment rate, many homeowners are facing financial distress and foreclosure. For these homeowners, struggling to make their mortgage payments, the optimal way to save their home is to work out a mutually beneficial payment plan with their lender, or to revise the terms of their original loan agreement in order to make more manageable monthly payments. Unfortunately, banks and lenders have been overwhelmed with loan modification requests and are very...
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