SB 94: D.O.A. Loan Modifications

The buzz around Senate Bill 94 (SB 94) being the “Death Of All Loan Modifications” faded away just as fast as the controversy T-Pain caused with his comments about Jay-Z and his lead single “D.O.A. (Death of Auto-Tune).”

Jay-Z’s critical lyrics from his lead single sure made artists think twice before using the audio processor to alter their voice imperfections. The use of Auto-Tune, however, will continue to be widely used as long as music fans are willing to buy pitch altered albums.

In the same manner, when SB94 was signed into law it made loan modification scam artists think twice about getting involved in modifications again. Most scammers, however, will continue to defraud homeowners as long as consumers are willing to belief their sales pitches.

The FBI has said that Read more