Victoria Vassell, 66, of 1127 Stratford Ave., Bronx, NY. She is having trouble with her mortgage modification. Here, she displays her service agreement with American Modification, which she feels they have broken.
Victoria Vassell of the Bronx thought she had found the antidote to her foreclosure fears.
The 66-year-old home attendant signed up with the Long Island-based American Modification Agency, one of the new “foreclosure consultants” that sprang up after the housing bubble burst to “help” homeowners drowning in debt.
Last August, she paid the company $4,333 to reduce her monthly mortgage payments before her adjustable rate kicked in. She signed a waiver authorizing AMA to negotiate with her lender.
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