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CB Real Estate Review of Mortgage Modification Law Group
Mortgage Modification Law Group

Mortgage Modification Law Group review: Beware 42

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Author of the review
10:55 am EST
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.

Beware of The Mortgage Modification Law Group. Somehow they were able to obtain my loan information and promoted that they were working with my mortgage company to modify my home mortgage. For a very expensive fee of $2750, all paid up front, they promised to litigate a fantastic loan modification. They operate out of St Petersburg Florida and Mericopa Arizona. They may be one of several shady companies run by a scam artist out of Minnesota, a Timothy M Stoll.

Every person in their company proports to be a "senior" modification specialist, or "lead" something or other. They do not have any "regular" staff. I have filed complaints with the Better Business Bureau and the attorney generals office of three states.

They promise to "litigate" on your behalf. They don't litigate anything. They process paperwork whenever they get around to it. They don't do anything that you can't do yourself. Furthermore you can do it much quicker on your own by just contacting your mortgage company on your own.

I checked this company out very thoroughly before I gave them any money and found nothing on them. Only after I had problems with lack of progress did I find out the negative information about this company. Beware of The Mortgage Mitigation Law group.

Resolved

The complaint has been investigated and resolved to the customer’s satisfaction.

42 comments
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corneliacool
, US
Jan 31, 2010 1:11 pm EST

I worked on a loan modification for 1 year and 5 months. I reported American Serving Co. to the OCC which is part of the Treasury dept. DON'T hire anyone to do your loan modification. If you can put up with the mortgage co. being ###'s you can do it with no help. You should not let the mortgage co do anything but a straight loan modification. If you can get someone other than the Lost Mitigation Dept you will be better off, less run around. Don't let them give you a five year fix is a rip off. My mortgage co. put the interest they didn't get back on my balance, but got a fixed rate from 7.3% to 5.25%. Good luck to all it is a pain and i can see why people walk away from their homes. THE MORTGAGE CO. HAVE TO MUCH POWER.

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Peter Anhcor
Windham, US
Jan 17, 2010 8:40 am EST

Is there any one else that feels this is a scam or rather there not being true? I'm on the fence and about to letting them do this for me, as for this persons complaint, they had no info on me and could not even get it with out my authorization so not sure how they got the complaints with out there's, any way I'd love to hear good or bad reviews as they do sound to be to good to be true when they work out a program with you, they told me they could put my back (3) Payment on the back of my loan and they cut my payment almost in half for the next five years, see what I mean about sounding to good to be true, is there any one that has had them help and if so what was the out come compared what you were told before you sent youre 1st installment, see thats another thing about the complaint, the 2, 750 they talk about is more than what there asking, there asking for 2, 500 and they are not asking for it all at once, they are letting me pay in 3 payments over 60 days, i look forward to any input from others who have contacted them like i did on my computer or if they called you first i sure would like to hear about that too, Thank You