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    1 Reply Latest reply on Mar 11, 2009 3:37 PM by bmt2008

    HOME TRUTHS

    LUCKIEST Guide
      HOME TRUTHS, The Federal Reserve issued the following advice for people seeking to modify their mortgages.

      Work only with HUD approved counselors.

      Don't agree to pay a fee before you are provided with the promised service.

      Beware of people offering "guaranteed" results.

      Don't sign blank forms or documents you haven"t read.

      Borrowers who hire firms to renegotiate mortgages rarely come out ahead.
        • Re: HOME TRUTHS
          bmt2008 Adventurer

          This also goes for people seeking funding for their businesses. Don't pay an upfront fees - read the fine print - beware of "guarantees" - stay away from those who say they can find the best deal for you or get you somethig fast and easy.