Comments on: Mortgage and Loan Modification Scammers “Beware” Says Obama Administration

By: Jay

Jay — Wed, 28 Oct 2009 22:38:59 +0000

While the powers that be are talking tough, I have not seen very much action at all. With all of the fraudlulent loan mod companies out there, let’s hope we see some tough regulation.

By: Erma

Erma — Sat, 08 Aug 2009 10:47:33 +0000

Loan modification is a joke. The servicers are not willing to modify your loan, they are not helping the consumers. To modify a loan for 5 years is not enough. I have been trying to get my loan modified since April 09 and I have called HOPE for advice and assistance with my modification and there is no hope anywhere.

By: samantha o

samantha o — Tue, 16 Jun 2009 18:37:17 +0000

I also would like to say thank you.
I work for a marketing arm of a law firm that does loan modifications. We have helped many homeowners in the Chicago area either by a loan modification or helping them sell their home, bk, etc. etc. The most difficult thing we come up against is “the scammers” and the blanket that Lisa Madigan has put on our industry. Unfortunately, they forgot that there are good guys out there. I have 1st hand seen these modifications being completed. I also have seen them explain to the homeowner that they may need to look at other options. Thank you for your work.
Samantha O

By: vicki

vicki — Thu, 14 May 2009 11:11:25 +0000

I stand to inherit my grandparent’s house from my mom’s passing.My uncle stole it years ago and borrowed against it, then he died. SOB. Long story short – I face losing the family house because of his greed. I can’t modify the thing because it’s not mine and I can’t qualify for it to be mine. So how can I modify something I can’t have? You don’t, I guess. I feel like he’s ripping me off again – for good this time.

By: Home Loans

Home Loans — Wed, 06 May 2009 12:42:11 +0000

I have read many posts on Obama’s loan act..and i think that he wight have some wonderful idea in his mind to do all this otherwise we people think that it wont be working.

By: Joshua Dorkin

Joshua Dorkin — Sun, 26 Apr 2009 14:14:42 +0000

Thanks for stopping by, Martin. I’ve been following your site for a long time now, and you do a great job. Hopefully we’ll see more of you around this way.

By: Martin Andelman

Martin Andelman — Sun, 26 Apr 2009 09:51:19 +0000

Cindie and Adam... Thank you so much. I feel a little better every time I find others who know what's really going on. The rest of the time I feel like the only guy left in the world in a Twilight Zone episode. Please come to my column... I am the feature columnist on ML-Implode.com, the mortgage industry's leading watch-dog and news site, and I am writing the cover story for the May issue of The Niche Report... you'll love the cartoon on the cover. Please come visit me on the Implodemeter... My column is called Mandelman Matters. Martin Andelman’s last blog post: Holder and Geithner LIED About Loan Modification Scams