Beware of John Blanks (aka Alt-F as his nick name). It was brought to my attention that John Blanks is an FHA APPROVED mortgage broker in the state of Arizona that is also involved in loan modifications with a DIFFERENT company. I think what he is doing is illegal. You cannot be a part-time or full-time employee at an FHA APPROVED company AND work for another company at the same time. This means that John Blanks may be operating illegally. Here is part of a recent article written by Ron Quintero that explains this. There are loan mod companies that really don't care about the rules and will sign up the individual and pay them directly jeopardizing the livelihood of the mortgage companies FHA approval. Right now there are many loan officers that are jeopardizing their mortgage companies FHA approval by receiving compensation ON THE SIDE or from another outside company and not going through their company. OK, allow me to give a couple of examples. Example #1 A person originates loans for a company that is FHA approved. This person wants to supplement their income by processing loans part time for other people on the side. CAN'T DO IT. Example #2 A person originates loans for a company that is FHA approved and wants to work for a real estate company doing some marketing. CAN'T DO IT. Example #3 A person originates loans for a company that is FHA approved and wants to supplement their income to earn a little extra cash for the holidays working the cosmetics or perfume counter at Nordstrom's. APPROVE, A-OK because Nordstrom's does not sell real estate or provide loans. BEWARE OF JOHN BLANKS. Here is some more information on him: license- AZ MB#0910109 Ingleside Financial Group, Inc. 3131 E. Camelback Road, Suite 200 Phoenix, AZ 85016 (602) 606-5745 http://www.inglesidefinancialgroup.com (((link redacted))) this is his resume. He is in the 'law practicing industry.' (((link redacted))) this one of his blogs. The calls himself the Mortgage Rain Man... (((link redacted))) This is another blog. He is only 37, but he has been in the mortgage industry for 19 years??? He went to AZ State from 1989-1994. This means that he got into the mortgage industry at age 18 when he was a freshman in college???? (((link redacted))) Now he is doing loan modifications…. Not sure what FHA is going to say about this... Are the following your concerns? I'm facing foreclosure in Arizona? I'm behind on my mortgage payments. Looking for a loan modification? Bank won't work with me? What is a notice of default? FHA government loan? Should I contact an attorney? Make sure you investigate a little, before you hand over your hard earned money for a loan modification.