1/25/2011 9:03 AM (PST)

Corina, what loan mod company did you deal with? If you haven't already please file a complaint with the BBB and post a review on your experience here on TrustLink.

In general, we recommend that if you are having trouble making your mortgage payments we would recommend that you first seek a loan modification through an approved HUD approved non-profit housing counselor ASAP. Call the national foreclosure prevention hotline at 888-995-4673 to speak with a HUD certified housing counseling agency. They can evaluate your housing options, open lines of communication with mortgage lenders, negotiate a loan modification, and help you with household budgeting, all at no cost.

By the way, when you call this nat'l housing counseling hotline you can have any complaints against any foreclosure/loan modification company you've dealt with entered into the national loan mod complaint database (www.preventloanscams.org) at the same time, so that you don't have to go to that site and duplicate your effort). Be sure to mention to the housing counselor that you want to do this.

www.preventloanscams.org was launched in March 2010 and they’ve got an online complaint form for referring loan mod scams to law enforcement agencies (but again, you shouldn't need to do this separately if you call the national housing hotline at 888-995-4673).

As you mentioned the states have passed laws regulating the loan modification industry and the FTC also is trying to stop the rampant abuse by these companies. We have an article on our Facebook page article about the FTC rules for loan modifications that have recently gone into effect nationwide:

http://www.facebook.com/notes/bbb-of-the-southland/ftc-issues-final-rule-to-protect-struggling-homeowners-from-mortgage-relief-scam/10150105515042195

1/25/2011 10:23 PM (PST)

Yes, We already did all those. Our Dept. of Justice is going to send the letter to the Home Modification agency to enforce them to refund our money back within 21 days if not then they will get a law suit again the company. I am not very please with those people who promised to refund the money back have not receive it at all and not heard from them!!