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• Charge fees for their services. <br />• Ask you. to sign over title to your home'or even power of <br />attorney. <br />• Claim you should stop paying your mortgage during tNe loan <br />modificaton process. <br />• Claimyou should pay them, rather than your bank, during the <br />modification process. <br />• Promise a guaranteed outcome or claim they can help people <br />in any situation. <br /> <br />2007 Law: Companies offering modifications <br />must register with the Minnesota Department <br />of Commerce <br />- Oniy 10 registered to date <br />^ 2009 Law: Up-front fees are illegal in <br />Minnesota <br />- Attorney General Swanson has sued two companies <br />under this law in 2010 <br />:°.°~ <br />~,^^~~ <br />^ Hag the organizationtegistered with the <br />Minnesota Department of Commerce as an " <br />approved loan modification organization? <br />• Does the organization charge a fee at any point <br />in the work? <br />• Does the organisation benefit financially from <br />the course of action4hey are recommending? <br />4oak~ "°"~'~~ <br />5 <br />