Relevant:
2009-07-20 — nytimes.com
"Despite making promises of relief to homeowners desperate to keep their homes, FedMod and other profit making loan modification firms often fail to deliver, according to a New York Times investigation based on interviews with scores of former employees and customers, more than 650 complaints filed with the Better Business Bureau, and documents filed by the Federal Trade Commission in a lawsuit against the company."
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Comments:
milkyway5 at 10:25 2009-07-21 said:
I read a bunch of the comments after this article. There are an awful lot of pissed off people, especially upset at mortgage brokers, the system etc... This country seems to have become one big scam after another. We are a service oriented society which doesn't educate it's people on finances. Get rich quick schemes, work from home and be a millionaire in weeks, and buy today,pay tomorrow are just a few of the "themes" of the good old USA. Go ahead and blast the brokers (but there are probably some good ones) and rebel. Then take a hard look in the mirror, see what you are currently doing (or selling) and ask yourself if you might not "fit" the mold. Unless you are a teacher, police or fire, or maybe in medicine most of us are selling something and we care about our checks in the end. If you are a "laydown", Americans will love you (eat you up) and you become a "buyer". Smarten up folks and don't be the laydown and if you are or were, LOOK in the mirror a little. Permalinkadd a comment | go to forum thread
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