Stephanie Anderson

Are Loan Modifications a Salvation for Former Mortgage Brokers?

Quote: "I have only seen one business model for loan modifications that would work if applied by an industrious and ethical entrepreneur."

Can you elaborate on this point? Have you found any solid ethical companies out there in the loan mod field? I have only found one to date that I would trust completely: LoanMod.com

Flagstar Bancorp, Inc. Q2 2008 Earnings Call Transcript

A loan modification is a great alternative to foreclosure for banks. LoanMod.com (aka Mizna) helped me complete a loan mod with my current lender and I think every bank should consider using them. Of all the companies I researched to help me avoid foreclosure, loanmod.com was the most credible and even has a feature in this month's issue of Forbes:

www.forbes.com/entrepr...

Two tips I would give other struggling homeowners looking to modify their loan is that (1) non-profits are hopeless and you get what you pay for, and (2) if a loan modification company does not have a mailing address on their website, then forget about it. There are so many scams going on out there that borrowers should be vigilant and not trust every company that claims to do loan mods. You want to make sure you’re working with real people who care. The folks at Mizna definitely care about homeowners and they did wonders for me. Check them out at www.loanmod.com
I hope this helps!

Housing Market Tracker - Foreclosure Crisis Spreads in New York

I recently completed a loan modification with countrywide using the services of MIZNA at www.loanmod.com . They were great and got me the results I need to keep my home affordable.

Loan Modifications and the Mortgage Market

A loan modification is a great alternative to foreclosure. MIZNA
(loanmod.com) helped me complete a loan mod with my current lender. Of all the companies I researched to help me avoid foreclosure, MIZNA was the most credible and even had various articles written about it in large newspapers. One tip I would give other struggling homeowners looking to modify their loan is that if a loan mod company does not have a mailing address on their contact information page, then I would not do business with them. There are so many scams going on out there that borrowers should be vigilant and not trust every company that has a website. You want to make sure you're working with real people who care. MIZNA definitely cares about homeowners and they did wonders for me. Check them out at loanmod.com .

Loan Modifications and the Mortgage Market

Is there any research on default levels among loan mods? MIZNA Loan Modification Professionals might have some answers here:

www.mizna.com/loanmodi...

Click on the joint economic committee report. Hope that helps.