134 inquiries | Loan Modifications Advance Fee
(877) 936-6343
http://www.modificationservice...
Monday through Friday from 5:30 AM to 8 PM PST Saturday 10 AM to 3 PM
Company Rating
F
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Complaint Experience
N/A
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This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.
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BCA's Summary and Analysis:
Of the complaints we have received against this company in at least some cases the complaint allegations are very serious.~Complaints allege failure to perform the promised servicees misrepresentation and failure to issue refunds when services are not performed. Complainants allege after accepting up front fees for services the company fails to obtain loan modifications as represented. Complaints also allege poor customer service and failure to issue refunds when services are not fulfilled. ~~The company responds to complaints by stating the homeowner failed to inform them that they had already attempted a modification on their own and never requested a refund directly from the company prior to filing a complaint. The customer was issued a refund. In another response the company states they were able to negotiate with the homeowner’s lender.
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Company Info
Modification Services, Inc. (MSI) understands that unfortunate circumstances happen to good people. The stress and fear that comes with a pending foreclosure can be upsetting and overwhelming. Our highest priority is to maintain a sense of integrity
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Licensing
California Department of Real Estate
Verified License
License Number: 01841919 Status: Expired
BCA has no information regarding government actions at this time.
Effective October, 2009 in California, it is illegal to collect any fees, regardless of the form, for negotiating or attempting to negotiate a loan modification for a residential mortgage. All modification services must be fully completed before any money can be collected. It is also illegal to divide fees or services into components for the purpose of avoiding this law.HUD approved housing counseling agencies are exempt from this law. For businesses outside of California, please check with the agency that regulates this industry.
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
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