Old 04-25-2009, 03:38 PM   #1 (permalink)
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Is this real?

Due ot the current foreclosure crisis, a bill has been passed in Congress. This bill allow us (name removed) to offer greate assitance to homeowners through an Economic Foreclusre Stimulus Plan.
This initiative may reduce your mortgage payments to as little as 31% of your income if you qualify. etc..


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Old 04-25-2009, 04:21 PM   #2 (permalink)
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re: Is this real?

They are a scam.................they are a company that is being investigated for trying to mislead homeowners into thinking that they are associated with the real non profit HOPE Now Alliance and they also charge an up front fee which is against the law in many states...........



And they are not a non profit.................they are a scam


This is right from their site................

How much do you charge to stop foreclosure?

Our fees are based on your mortgage payment amount, and the complexity and urgency of your situation. Our professional housing counselors will evaluate your situation and explain some options to help you with your home. We are confident that you will feel that our fees are a bargain compared to the cost of the alternatives.





These are the real HOPE non profit websites.....

HOPE NOW - Support and Guidance for Homeowners

Homeownership Preservation Foundation





BEWARE OF FORECLOSURE RESCUE SCAMS – HELP IS FREE!

• There should never be a fee for assistance with or information about the Making Home Affordable Program.

• Beware of any person or organization that asks you to pay an upfront fee in exchange for a counseling service or modification of a delinquent loan. Do not pay – walk away!


The program that they are referring to is being offered from the government directly by the lenders...........the companies like that one that sent you the postcard are trying to prey upon vulnerable homeowners.

More lenders are signing the contracts and utilizing the guidelines for the program everday............

Making Home Affordable -Contact Your Mortgage Servicer
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