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"The median monthly payment reduction for borrowers enrolled in
the (HAMP) program is $522" - DSnews.com

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Beware of Foreclosure Help Scams


A man by the name of Charles Jaminson who works in the Sacramento area, pleaded guilty to scamming homeowner's that were facing foreclosure.  Charles Jaminson gave homeowner's empty promises by telling them they he would be able to stop their Sale Date for a fee of $1,000.00 per month and "he claimed that included mortgage payments."  Jaminson took advantage of customers from July 2007 to July 2009.  It was determined that Jaminson earned $120,000.00 to $200,000.00 during the scam.  Jamisnon ended up receiving  2 years and eight months in prison due to taking advantage of these homeowners.