Apparently there are a lot of people making money by taking advantage of those who are fearing foreclosure and desperate to either refinance or modify their loans. Take a look at this article, from MSN money, about some recent scams, many of which made over $1 Million dollars through fraud:
Bottom line, you have to check, and double-check, on anyone claiming to be able to help you in this area. Further, ask for referrals if you are seeking a refinance. If you are looking to refinance, I provide referrals to my colleagues at Wells Fargo, and I would be happy to provide you with the names of some reputable loan officers.