My Modification Loan MyModificationLoan.com10 They offered to get my loan modified to a 2% rate for first 5 years, then 3.5% for the rest. They took 1% of the loan as a fee, which in their agreement said we would get that money back if the modification was denied. Well, it was denied, only I never found out through them! My loan was transferred from 1 mort servicer to another, that's all. I had been calling every contact number I had, their main number and website are no longer active. This seems illegal! Westbury New York

They present themselves as lawyers who will build a case for you to get your mortgage modified to a rate of 2% for first 5 years, then 3.5% for the rest of the loan.  In their contract it says if they don't come through, the 1% fee we paid (1% of entire loan, in my case $3000), would be refunded.  When I try to contact hte guy who came to my house, Ralph, or the woman I orginally spoke with, Beth, at first I have to leave messages.  Then the numbers are no longer in use.  Ralph did respond once to an email but I never heard from him again.  I plan to seek legal action, but the contact numbers for the company as well as their website are all disconnected.  So it's just mroe aggrivation, for a modification I did not even get!