US Mortgage Mod, LLC works hard to overcome dishonest and inexperienced practices in the mortgage modification industry. It has the first of its kind in the nation that allows the customer to view the progression of the modification process.

(MMD Newswire) March 30, 2009 -- The respected financial services company Greenberg, Cohen, & Weiss warns corrupt companies are representing themselves as loan modification firms to swindle desperate homeowners. US mortgage mod. llc of Philadelphia is recognized as one of the only experienced and multiple attorney led companies in the industry. With local and national recognition the firm is expanding at a rapid pace to keep up with the demand.

As homeowners struggle to keep their properties from foreclosing, many scammers are falsely promising to renegotiate their mortgage in exchange for up-front fees ranging from $6,000 to $9,000. US mortgage mod, llc loan modification consultants are diligently working to overcome the bad reputation that results from the practices of these fraudulent companies. President and CEO Marc D'ambrosio warns homeowners to steer clear of these companies. "Anyone asking for large amounts of money upfront should be the first warning sign that you should not do business with that company. US Mortgage Mod, LLC has payment plans that are broken into three segments, which allow the homeowner to gauge the company's progress throughout the modification process. "Our customers are like family, we build a strong relationship with each and every one of them." Mr. D'ambrosio a 16 year veteran of the residential and commercial industry requires his employees to complete at least 10 hours a month at his community workshops. "These workshops are for homeowners who cannot afford legal representation, and are free of charge. If customers can not afford the services it will be provided to them for free."

"Every single case is treated as an urgent matter; the staff truly develops personal relationships with their clients throughout the modification process. " D'ambrosio went on to explain an unfortunate trend, "About 90% of the files that are submitted to us come from clients who have been previously declined by their lender which failed to modify their loan properly. Lenders only give you one chance to obtain a modification and are only looking out for their best interest Modifications are very difficult to obtain and should be left to an attorney only.

D'ambrosio offered some words of caution, "Beware of companies who guarantee specific rates or balance reductions. Many of these fraudulent companies claim that they can guarantee the client a specific savings or interest rate and this is absolutely a lie. The investor makes their decision on a case-by-case basis and it is impossible for any of these companies to know exactly what they will be able to get until the file has been completely submitted and reviewed by a negotiator. It's as if a broker could guarantee you an approved loan prior to the bank reviewing any of your documentation...we know where those brokers drove our economy!"

US Mortgage Mod, llc separates from the competition with a staff comprised of attorneys, underwriters and processors who worked for lenders and have an insider understanding of what banks want to see in order to approve modifications.

D'ambrosio offered some words of caution, "Beware of companies who guarantee specific rates or balance reductions. Many of these fraudulent companies claim that they can guarantee the client a specific savings or interest rate and this is absolutely a lie. The investor makes their decision on a case-by-case basis and it is impossible for any of these companies to know exactly what they will be able to get until the file has been completely submitted and reviewed by a negotiator. It's as if a broker could guarantee you an approved loan prior to the bank reviewing any of your documentation...we know where those brokers drove our economy!"

US Mortgage Mod , LLC use established attorneys. • Their underwriters have established relationships with mortgage lenders. • They offer refund policies- if the attorney is so sure that they can modify your loan, they should offer a decent refund policy in the event the modification does not get approved.

US Mortgage Mod, LLC can be reached toll free at 866-859-8764
www.usmortgagemod.com

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