2 Responses to “5 dumb reasons why you can’t get a loan modification”

1. Mr. Sharaf says:

   August 11, 2009 at 2:02 pm

   This is absolutely ridiculous! In this day and age when you know these banks and servicers have invested in the digital infrastructures to support their business, to not accept submissions electronically is pathetic.

   I believe this is being done to intentionally slow down and derail the process. So maybe they have a small argument that generally most people to not send or know how to use secure email, however, it is just as simple to put up a secure form where an end user can go and upload the file image.

   In addition to having a digital version, they will also have record of receipt. Isn’t that the real underlying issue. If they relied on digital technology homeowners will be able to prove that they have sent the information, it is also just as easy, less costly and time consuming to resend the information.

   Loan modification is generally a losing proposition to lenders and servicers, why would they make the process easy?

   It is the exact same reason they want the homeowner to believe this can be done for free. Good luck, homeowners beware!

   1st-Trust.Net is a borrower focused loan modification company. The Loan Modification Corporation has created a streamlined standardized process to help homeowners maintain the America Dream.

   1st-Trust.Net welcomes the opportunity to work with homeowners, The Loan Modification Corporation maintains a no modification no cost policy.

   Thank you for your consideration.

   Mr. Sharaf
2. Mitch Haase says:

   August 11, 2009 at 6:51 pm

   Reason #6: The people you deal with are not heterosexuals.