Beware of mortgage-helping companies! Essie Bates, a hospital technician from Roosevelt, New York, sought help this year with her inflated payments. Essie contacted the Templeton Group in August and they promised to help her with a loan modification, but she would have to first pay $3,000. She paid them and waited but nothing happened. The bank was still telling her that she owed a lot of money. Essie contacted the Templeton Group phone number but there was no answer. She drove out to the company, only to see that they had left. She'd been scammed along with countless others who trusted them!
Essie had to find another company... and fast. She was so glad to find Home Affordable Direct. They were so friendly and calmed all her fears, telling her not to worry. They said that they could help with her mortgage situation and deal with the bank directly. BUT... first they needed some money up front - $6,000! She gave them the money from her hospital salary savings and was relieved that finally she would get this matter resolved! But the bank still sent warning letters in September, telling her she had just days to get out of the house.
Essie tried contacting Home Affordable Direct to no avail. She drove out to the company only to see that they too had closed up and fled! These mortgage fraud companies open up in a city and get whatever money they can before closing up and fleeing... with all the money! Any reputable mortgage-helping company does NOT require money up front! Now Essie and her grandchildren, short of a miracle, are out of the house that Essie has owned for 34 years!