Modification

[karenste]

Utah
My duaghter has a variable mortgage that goes up next year, so has always been current on her payments, when they started the home modifcations an attorneys office in California called her said they could work with her mortgage company and do a mod to get her a lower fixed rate, they charged her $2400.00 and told her to stop making her payments, she check them out, they seemed to be legitimate, so she stopped her payemnts, then her mortgage company said if she didn't pay they would foreclose, they said they could modify her loan, put her on a payment plan to pay back the 2 months she missed, now because she is only behind one month they said she can't modify, her credit shows she is behind so she can't refinance, her repayment payments are now more than she can afford, but she thought she was going to get a lower rate so she agreed, can she go after the attorney's office that told her stop making payments and for the money she paid them, and for lying to her? what recourses does she have?

t is the name of your state (only U.S. law)? Utah

[nextwife]

THis is stated repeatedly: other than in a BK court, the only party that truly has the legal authority to tell one they don't need to pay their mortgage is the MORTGAGE HOLDER. Third parties have no say in your obligation to pay your mortgage. Additionally, many lenders did not take TARP money and have ZERO obligation to work with any third party counseling agency who claims they will reduce your payments. It's money out the window.

[LindaP777]

Sad . . . they prey on unsuspecting homeowners.