Companies that deal in mortgages are becoming increasingly interested in helping clients arrange loan modification. Loan modification refers to making a permanent change in one or more of one’s mortgage terms. These changes can include establishing a lower interest rate, extending the life of a loan, allowing the debtor to make interest-only payments for a [...]
How to Avoid Loan Modification Scams
Avoiding loan modification scams seems to be a full time job. Whether you are a troubled homeowner or a mortgage broker looking to partner with a legitimate provider, your challenge is to avoid the scams. Here are a few common sense steps to avoid stepping into a loan modification nightmare. 1. Get Educated – Learn [...]
HUD Gets Serious About Loan Modification Scams
Image via Wikipedia The housing market is still shaky. Homeowners are still unemployed or underemployed. All the ingredients needed to whip up highly effective loan modification scams. And they are rampant. However, the US Department of Housing and Urban Development is teaming with the Loan Modification Scam Prevention Network to make it easier for consumers [...]
Loan Modification Leads
Image by Getty Images via Daylife The Obama Administration seems to be tired of having the mortgage crisis hanging around their neck. They want these troubled mortgage loans modified and borrowers back on their feet towards recovery. At least that is the message being sent by Treasury Departments’ three man “SWAT Teams” being deployed to [...]
Debt Settlement Telemarketing Sales Scripts
Image via Wikipedia There are few things harder to do than service people that are in trouble with their debt. They are confused, scared, and stressed. They have been harassed, badgered, and intimidated. They are suspicious, timid, and unresponsive. Building trust and educating these consumer are key to your success as a debt settlement counselor. [...]
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