FTC tries to prevent you from hiring an attorney to assist with modification

by James Robert Deal | Apr 8, 2010 | Federal Trade Commission, Modification is the Practice of Law, Mortgage Modification | 0 comments

On the mortgage modification front:

Martin Andelman writes regularly regarding mortgage modification. This is latest article:

The secret NPV formula used to qualify for HAMP loan modifications that no one is allowed to know. Transparency at it’s finest.

Watch out. Mortgage modification is extremely complex, but:

The Federal Trade Commission is trying to prevent you from hiring an attorney to help you with your modification.

I wrote this letter to the Federal Trade Commission about this proposed rule.

Others too have written to the FederalTrade Commission about this proposed rule.

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