Got an email from Matthew Smith and almost got sucked in but decided to google and found this blog.  He referred a Dylan Raines to me. They say they can put us in a permanent modification and reduce our principal. They want us to call them.  Now I am regretting spelling out my hardship in an email as from the blog it sounds like this is all a hoax.

I got an email this morning from Matthew Smith. I called the number and spoke to somene named Dana.  She told me I defnitely qualified for remodification and said if I could come up with $1295 they would they could work with me.  After telling her I couldn't afford even that right now.  She suggested that I forego my next mortgage payment and pay them so they could get me remodified and put my past due payments in the rears.  

I'm still confused.  Do I rob peter to pay paul when there's still no guarantee they can help me.  Then I'll be three payments behind and heading to foreclosure like I was two months ago.  Here is what they sent me:

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Catherine, struggling homeowners can now tap into a ZERO INTEREST $1 billion Program starting this week. NASDAQ News is reporting the program is available to homeowners who have seen their incomes fall or endured a long list of other hardships.


Click HERE to get free info on how to get your payments/principal reduced & the zero interest loan program now. file#3126 CatherineChildree70653661237065366123

What business has this number?

I checked out the website for YourMortgageRights & ModPilot, it was what I thought. It will cost close to $2000.00 to get the information on how to go about talking to your lender on reducing your mortgage.
If it's too good to be true, then it is.

People need to get a life ..  EMAIL Received..

Looking at your XXX file from when you applied for a mortgage a little while back, I thought you might like this article on reducing your loan principal & payments. Learn how to easily do-it-yourself, WITHOUT the cost of refinancing.

Lenders pressed to hurry help
Fed Finally Urging Lenders to Write-Down Mortgage Principal or Permanently Modify to Better Terms

OB-LI256_UNDER__D_20101213184423
By Renae Merle
Washington Post Staff Writer
WashingtonPost

Federal Reserve Chairman Ben S. Bernanke has joined lawmakers and Treasury officials in noting the difficulty created by declining home prices. In some instances, the slump means that homeowners owe more than the house is worth. In those cases, "the best solution may be a write-down of principal or other permanent modification of the loan by the servicer," Bernanke said Monday. "Realistic public- and private-sector policies must take into account the fact that traditional foreclosure avoidance strategies may not always work well in the current environment" ." XXXXXX"

Call the Free Homeowner Helpline - 1-888-242-1444
I really think I can help you with your property and get your rate and payments REDUCED, even principal balance owed LOWERED on your own, without the cost of refinancing.

Shoot me an email if you want to know more about your lender lowering your payments or principal or

for more info, call me anytime w/ questions 1-888-344-5777

Matthew Smith
Your Mortgage Rights Website
Fighting for HomeOwners' Rights
1-888-344-5777 direct

Lenders Drop Principal Now -Has your lender dropped your principal / payments yet?
Learn how to DO IT YOURSELF!

Other Mortgage News:


Hiding in Obama's foreclosure bill are provisions to protect big investors from bankruptcy cramdowns


Half of All HOMEOWNERS Expected to Be Underwater

Click for article




Your Mortgage Rights
Fighting for HomeOwners' Rights
3168 Lionshead Ave
Carlsbad, CA 92010
888-344-5777 direct

Reply to this email or for more info click Lenders Drop Principal Now

Email me

This is an advertisement email communication for YourMortgageRights & ModPilot.  YourMortgageRights and ModPilot and  affiliates are not connected in any way or otherwise affiliated with any banking or lending institution, nor are they affiliated or otherwise associated with any state or federal government agency. YourMortgageRights & ModPilot and their affiliates cannot and do not promise any specific result of any service. Any results stated above are only examples of past performance and are not intended as an indication of future results.

As an FYI ........I just received an email from Mathew Smith and 888-344-5777 is associated with;

1st Nation Wide
3186 Vista Way 3rd Floor
Oceanside CA, California
760-543-0200 DIRECT
888-344-5777
"Reply to this email or click
Matt@1stNationWideMortgages.com
1st Nationwide is a multi-state licensed mortgage broker. 1st Nationwide and its affiliates are not connected in any way or otherwise affiliated with any banking or lending institution, nor are they affiliated or otherwise associated with any state or federal government agency. 1st Nationwide and its affiliates cannot and do not guarantee any specific result of any service. Any results stated above are only examples of past performance and are not intended as an indication of future results" (quite the disclaimer... at least it says they really don't do anything))

I looked up the website from Mathew Smith,s email address at Matt@1stNationWideMortgages.com and here is the results;

This web page is parked FREE, courtesy of GoDaddy.com
On Sale at GoDaddy.com

..... I think this is a company that is in the Grey area of the mortgage industry and at best will act as a broker to find a mortgage from another source and is only looking for some payment for finding you a mortgage. I suggest avoiding this contact!

Hi,

What did you find out, there is a scam or is real?

Thanks.

We got an e-mail saying by phoning this number the person could lower our mortgage rate ( yeah right) Matthew Smith
How generic