Loan Modification Companies - any opinions?

[Quinn Kiet]

I'm exploring this path as a source of revenue and was wondering what your collective opinions are, as to the pros and cons of it, from a business stand point.

Obviously, this will be a legit loan modification service. What are the pricing models people are seeing? I was shocked to hear that some of these "services" charge up to 2 months of mortgage payments (between $5,000 and $7,000 in CA).

I'd appreciate your opinions and experiences with these services, either as a customer or entrepreneur.