16 CFR Parts 317 and 318: Mortgage Acts and Practices Rulemaking #542308-00010

Submission Number:
542308-00010
Commenter:
Larry Bracco
State:
CA
Initiative Name:
16 CFR Parts 317 and 318: Mortgage Acts and Practices Rulemaking

I engaged the services of a private, for-profit loan modification company after I tried unsuccessfully to get Countrywide to modify my mortgage under terms that would allow me and my family to stay in my home. The company I hired does charge a fee, but they already modified my second mortgage and have kept me in my home the past 7 months while they continue to work on my first. My family includes two special needs children and foreclosure would have destroyed us. Please wake up and realize that the private sector is the solution, not the problem!