Sep 7 2009
Mod Tutor, a Free Loan Modification Mortgage Negotiation Service Available to Aid Homeowners in Need and Assist With the Growing Foreclosure Crisis in America

Mod Tutor, a Free Loan Modification Mortgage Negotiation Service Available to Aid Homeowners in Need and Assist With the Growing Foreclosure Crisis in America

SACRAMENTO, Calif., Sept. 3 /PRNewswire/ — ModTutor.com is proud to announce its “free” loan modification service, designed to empower the average American with the knowledge and confidence needed when requesting new mortgage terms from their lender(s). A video presentation of the service can be viewed at the
URL https://www.modtutor.com/sneakpreview. Mod Tutor provides various tools
which aid the homeowners to submit their own loan modification request and
avoid using already depleted funds on a foreclosure counselor or real estate
attorney. The confidence gained by homeowners who take advantage of this free
system will allow them to address their mortgage concerns head on.

“We have families on the edge of foreclosure that are being offered things
that are too good to be true, and we will take every measure we can to educate
and protect consumers and homeowners, bring these scams to light, and work to
prevent con artists from exploiting the housing crisis,” stated HUD Secretary
Donovan in a press release this past April.

“Not all loan modification companies are scams, but many homeowners do not
know which companies to choose and/or lack the financial capacity to hire
professional services,” says Sammy Heard, Director for ModTutor.com

The major difference between MakingHomesAffordable.gov, a government-sponsored
site, and ModTutor.com is that the information on ModTutor.com is broken down
into easy-to-understand terms and formats. The main focus on most government
sites is to assist homeowners whose loans are backed by Fannie Mae or Freddie
Mac, only accounting for a small portion of homeowners, leaving the rest of
the nation out on a limb. In attempting to modify their loan, many homeowners
make simple mistakes during the submission process which gets them denied by
their lender(s). Unlike most government sites which give you broad
information, Mod Tutor has specific resources to help you avoid these
pitfalls.

Created by loan modification professionals, the ModTutor.com site is a great
free resource that includes an instructional video library, a comprehensive
e-book, a question-and-answer discussion board, lender-specific modification
forms, state foreclosure summation, and a breakdown of the Making Homes
Affordable program.

“The country’s mortgage crisis has put many homeowners in a position where
they feel that they have limited options and resources for mortgage
assistance. Homeowners are flooded with multiple solicitations from mortgage
professionals and even law firms touting promises of modifying loans and
saving homes for an upfront fee totaling several thousands of dollars. At
ModTutor.com we believe that with the proper education and resources,
homeowners can work directly with their lender and accomplish the same results
as professionals. We have developed a system, free of charge for homeowners,
providing them the tools and resources needed to be successful in obtaining a
loan modification,” says Paul Akinmade, Lead Designer for ModTutor.com.

A preview of the services provided can be viewed at
https://www.modtutor.com/sneakpreview.

Media Contact:

Mod Tutor
(888) 700-9323
info@modtutor.com
https://www.modtutor.com

SOURCE Mod Tutor

Mod Tutor, +1-888-700-9323, info@modtutor.com

Other Loan Modification Services include:
Instamod

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