Beware of Loan Modification Scams

Beware of Loan Modification Scams November 26, 2008, 1:01 am A loan modification is when a lender modifies your current mortgage to work with you because of personal economical hardship. If you are facing foreclosure, a modification can make your home more affordable. This solution will be some form of a rate reduction and conversion of an adjustable rate mortgage to a fixed loan, usually 30 years fixed. Today a lot of people are advertising themselves as loan modification specialists. These

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