Sunday, January 08, 2012

Abrupt Close-Down Of Loan Modification Outfit Leaves Slew Of Homeowners In Mortgage Payment Limbo

In Chamblee, Georgia, WSB-TV Channel 2 reports:
  • People who sought help with loan modifications at a center in DeKalb County are getting a shock. The location has locked its doors. "It scares me, my family, my kids," one client said who asked not to be identified. He says he paid $250 to The Community Business Center in Chamblee for help with a loan modification to save his home from foreclosure. Now, he feels like he's been left in limbo.

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  • [C]ustomers have been showing up, one after the other, trying to get answers about the status of their loans, fearing that their homes may have been sold at auction this week or could soon be sold. "I don't know what's going to happen right now, so I have to ... look for a lawyer or something," Alfredo Bustos said, who claims he also paid $250 for loan modification help.

For the story, see Homeowners left in limbo after loan modification office abruptly closes.