Loan mod companies should have some type of standard to follow in order to represent a consumer in a responsible and competent manner. I believe that there are several such standards that the reputable loan mod companies are holding themselves to. Why not use the standards that the "good" companies have already put in place and make ALL loan mod companies adhere to those same (reasonable) standards. There is definitely a need for the good services they are providing. There is also a need to "weed out" the companies and individuals who are NOT providing any valuable service, but simply taking peoples money!