(30 Total References)
American Modification Agency, ...
American Modification Agency, Inc., based in New York, and its owner, Salvatore Pane Jr., claimed to modify home mortgage loans and to lower monthly payments for consumers on the brink of foreclosure.
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(1) According to the NY AG's office, it has served a notice of intent to sue on American Modification Agency, Inc. ("Amerimod") and its owner and President Salvatore Pane, Jr., accusing the company of charging illegal upfront fees and using false advertising to reel in struggling homeowners.
"It's left everybody in limbo," concurs ...
"It's left everybody in limbo," concurs Sal Pane, chief executive of American Modification Agency, a Uniondale, N.Y., company that works with lenders and troubled borrowers to adjust mortgage terms.
Some time last year, I had ...
Some time last year, I had spoken to the fast talking owner of AMA, Sal Pane because he was trying to make an offer buy my company , Loan Safe Solutions and websites, LoanSafe.org and LoanWorkout.org for a few million dollars.
After a few loud conversations and some major drama from these clowns, I finally realized that this fast talking east coast dude and his snake oil selling company seemed to be nothing more than a subprime broker chop shop reincarnated as a loan modification, Multi Level Marketing (MLM) boiler room operation.
These guys called me daily for two months.
Waiving cash and trips in front of me, but I never bit.
Don't get me wrong, the money offered would have changed my life forever, but I would have never been able to sleep at night knowing that these guys now have my websites and not knowing if they would truly help struggling Americans or if their hearts were in the right place.
The owner, Sal, would just boast how he just leased a 30,000 square foot building in Rhode Island and it was the nicest and most expensive building around.
would ride around on a Seg Way scooter because the office was so large and he
was recruiting every out of work loan officer in the region.
However, Sal Pane Jr., the ...
However, Sal Pane Jr., the chief executive of Amerimod Modification Agency in Uniondale, called government's housing plan a failure and said that he is receiving a veer of new clients who have strived the curriculum with no results.
"Right when the stimulus came out our business dropped off the board, but the influx of people now far surpasses if we would have just kept up at the pace we were at," he
"There's no way average homeowners can do modifications on their own," he