For a year I have been trying to obtain a Making Homes Affordable loan modification from Vericrest. Last spring they gave me a loan modification that lowered my payment by about $200 a month (except that a change in my property taxes raised it to that the net savings was about $100. However, in the process, they changed my 6 1/2% FIXED RATE LOAN to a 4 1/2% ADJUSTABLE RATE LOAN. This adjustable rate loan remains at 4 1/2% for 7 years then adjusts UP NO MATTER WHAT THE MARKET DOES 1% per year until it reaches 8%, where it stays for the... read full review »