Loan Mod Company trying to rip me off

[Joel Fraser]

I keep getting emails and messages from a company. I referenced it in another thread.They want $3,000.00 up front to do a loan mod. They claim they have a 97% success rate getting mods done and can get Citimortgage to reduce our principal balance from $256k to its current appraisal of $140k.I called the premium loan safe services here and they said noone is reducing balances now.This guy is adamant about getting it done and sends me emails like this....I spoke with your husband briefly on Sunday and Monday. You guys need to do something your almost 150k under water on your house. This is a make sense loan modification, apparently a concern of his was the stated loan you guys did. that has absolutely zero repercussions on you guys. I am more than happy to help but I cant do anything if you guys aren't on the same page.Citimortgage has no choice. You owe twice as much as the home is worth. Of course they will tell you that they don't want to take a loss.and today if you would like I can get you in contact with a client in n.j who has already don so and you can speak with her if you would likeI imagine he is using a g/f of his to pose as a fake client.Is it really unheard of that someone as upside down as us could get a balance reduction?Appraisal of $308k down to $140k since purchase