Watch Out for Mortgage Modification Scams

Watch out for all the mortgage modification scams out there preying on good people who desperately want to keep their home mortgage out of foreclosure. Many of the mortgage brokers who formerly got people into subprime loans are now calling themselves mortgage modification agents.

“You should not have to pay someone to help you with mortgage modification”, Jackie Blaesi-Freed of Topeka’s Housing and Credit Counseling, Inc., told the Topeka Capital-Journal last week. Help is available through your lender, the government’s Making Home Affordable program or a U.S. Department of Housing and Urban Development (HUD)-approved housing counselor such as HCCI, she said.

An excellent source of reliable information about mortgage loan modification programs is the non-profit National Consumer Law Center website.

About Jill Michaux

Jill Michaux is a Kansas bankruptcy attorney with Neis Michaux Law Office. She and her partner, Mark Neis, are Topeka's only consumer bankruptcy law specialists. They are board certified by the American Board of Certification.

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