WASHINGTON (MarketWatch) — Word of warning: I am currently working temporarily for a loan-modification law firm. I use the words “law firm” loosely. It is more of a call center filled with cubicles and salesmen calling themselves case representatives and paralegals. The correspondence they send out weekly to distressed homeowners appears to have the guise of a government program or a government entity. I have about half my calls a day asking me if we are a government non-profit.
We state we are compliant with state law, but we charge for our services up front — about $1,000 to have a 15-minute conference call with our attorney, $1,200 to prepare simple financial paperwork and hardship letters, $1,500 to review the loan-modification paperwork. The homeowner receives the modification paperwork from the lender, and then sends it to us for “review.”
Read more from Market Watch
Hello….
I am about to be offered a position as a ” Home Retention Specialist” with Carrington Mortgage in Santa Ana Ca and I’m trying to find out if anyone has any current information regarding them. All I can find about them online is negative news from a year ago and I know you certainly can’t believe everything you read online…
I have been out of work for almost two years, but as desperate as I am, I just can’t work for an unethical company.
Anyone..??