Young & Associates Mortgage, Inc. Young and Associates LOAN MODIFICATION SCAM ARTIST - PREDATOR OF HELPLESS HOMEOWNERS! coral springs, Florida

When people come up with that $3000 dollars to give to a SCAM ARTIST it is usually because the company that 'says' they are trying to help you, ADVISES you to skip your mortgage payment for 2 months and give THEM that money, and they will use that money to help you modify your mortgage. Also, if a person is looking for a lower mortgage payment, it is usually because they have a present payment they can't afford (a payment of say $2000/month), when they CAN afford maybe a payment of $1500/month. So, if the consumer SKIP's their mortgage payment for 2 months, they have $3000 to give to someone who is SUPPOSED to help them lock in a lower rate or payment. That's where that money comes from. It's not like a person just has a random $3000 dollars laying around, and they are just hanging on to it for fun, and then they are upset when they get scammed for their money, and the scammers make off with $3000 that could have went to their mortgage payments.

It bothers me when people fire off a statement about how people who are 'so far behind' have all this money to get scammed. It's not that way. Someone who got scammed out of their $3000 was probably DESPERATE to modify the terms of their mortgage, and went even further behind to try to rectify the situation, and was the PREY of these scam artists. I sure hope I am not ANOTHER victim of this kind of ridiculousness.

I have to agree with you 100%, I read these all the time and think the same thing. How do they come up with 2-4 thousand dollars to pay these modification companies but cannot pay their mortgage.

People try to hire these loan modifiers when they are already behind on their mortgage payments and the banks have already begun the forclosure process it is to late to get a loan modification, take the few thousand you are going to pay the loan modifier and put it toward your mortgage.

I feel bad you lost your house, I know times are tough, but I bet that 3,000 you paid the modification Company is about 2 or 3 months worth of your mortgage payment

I do not understand were people have this sense of entitlement, the banks have NO obligation to give you a modification, You signed a mortgage saying you would pay x amount of money per month at x interest rate.

Most mortgages our about 30 years and alot can happen in those 30 years. The economy tanks, loss of job, etc.  Do not blame the modification company when you lose your house.

1. You either could not make the payments anymore because of your circumstances.

2. You paid more for the house than you could afford

3. It is your fault and nobody else.

Yes again I know times are tough and I do not mean to be judgemental about anyones character, but this is life and this is as it goes.

SO IF YOU LOST YOUR JOB ( I AM SORRY FOR YOU) AND YOU CANT PAY YOUR BILLS, AND COMPANIES TRY TO REPOSSES YOUR CAR OR PUT YOUR ACCOUNT INTO COLLECTION, DO NOT COME ON THIS SITE AND CRY RIPOFF OR SCAM. BECAUSE OF NO FAULT OF YOUR OWN YOU CANT PAY YOUR BILLS, DOES NOT MEAN IT IS A RIPOFF WHEN THEY TRY TO COLLECT THEIR MONEY YOU PROMISED TO PAY THEM.

Why didn't you put that $3,000.00 towards your home?  Please explain, as I have NEVER seen the sense in forking out all that kind of money to people who CLAIM they will keep you from losing your home.   Why is it people have money for someone else yet not for their house payment.  I read this stuff every day, time after time, crying out "THEY STOLE MY MONEY".  Well, yeah.  Ummm...think!!