Loan Modification Seminar Scheduled for Menifee

Christina McGrath, a homeowner in Menifee whose story was covered by ProPublica, and syndicated across several other financial publications...

Christina McGrath, a homeowner in Menifee whose story was covered by ProPublica, and syndicated across several other financial publications, is doing seminars on how to get a loan modification through Obama's new "Making Home Affordable" loan modification program.

Her story is that she tried to get on Obama's loan modification through Bank of America and Countrywide, but they dragged their feet, and wouldn't help her out. She managed to finally get one similar to the Obama plan by persisting and demanding, and being a "royal bitch" as McGrath put it herself.

In the end, she claims to have reduced her monthly mortgage payment from $3,735 to $2,422, going through two modifications.

So now, McGrath wants to tell other homeowners how to do it.

Her seminar is scheduled for June 26, 2009, 6:00pm to 7:00pm, at Wheatfield Park, in the "round building". Cost is $30.00. RSVP, as she only has 120 seats.

Contact McGrath at (951) 901-9742

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Post a Comment

  1. Too bad she is charging for this valuable information to others. Would have been a nice gesture to make this a free event.

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  2. I couldn't agree more with the previous poster. I do not think it is right that someone who is getting a break on their mortgage, paid for by the taxpayers, should profit from the program.

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  3. Hmmm did he not (Obama say) watch out for scammers and they should not charge for this? I could be wrong...If I was her I would ask for a donation for her time not a required amount (like pay if you can)SCAM

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  4. DO NOT PAY ANYTHING TO ANYONE TO GET YOUR LOAN MODIFIED. THIS IS JUST ANOTHER GET RICH QUICK SCAM BY THIS PERSON.

    THE BOTTOM LINE IS THAT IF YOU ARE QUALIFIED http://www.makinghomeaffordable.gov YOU HAVE TO JUST BE PERSISTENT AND PATIENT AND WORK WITH YOUR EXISTING MORTGAGE COMPANY. THEY MUST COMPLY WITH OBAMA'S PLAN.

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  5. This sounds like a scam to me.
    Watch the news, so many of these are get rich quick schemes. You can get all the information you need for free.

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  6. Just being devils advocate...is it possible that Ms. McGrath is covering her costs for hosting the seminar? Are there fees involved in renting space at Wheat field? Is she providing literature or other tools? I agree that people should not profit from this mortgage crisis, but I also don't think people should be at a loss out of pocket to educate their neighbors either.

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  7. Anonymous