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Brooklyn homeowner Angela Neysmith scraped up $1,500 when real estate broker Lavette Bills promised to trim her loan payments via President Obama’s foreclosure prevention plan.
“She said she could put me into the Obama program,” Neysmith said, recalling Bills told her, “I could get a fixed rate and everything would be good for me.”
Everything was not so good.
Neysmith, 50, did not get the promised loan modification to bail her out of the foreclosure she was facing on her Midwood St. home, but Bills managed to jack up her fee to $3,000.
Neysmith says she was forced to send papers to the bank to process her modification application because Bills failed to do so.
