Hope is really a department within Bank of America..mortgage division and that IS the number for the HOPE program. It is very real and they do get you out of forclosure. I know for a fact because I just finished my 3 month trial period with them to prove I can make the new mortgage payment. They took my old mortgage from another company that was $1700 a month and that was interest only and at 8.5% and turned it into a regular mortgage with escrow (for taxes), insurance, finance charges and money on the principal for $882 a month for everything at only 2%!!! Too bad you think it's a scam because your uninformed comments could stop someone that really needs the help to save their home. That's why rumors get so carried away when people run their mouths about something they obviously know nothng about!!!! PS: THERE WAS NO "UPFRONT" fees you're babbling about!
I just received a call from this number and it was indeed The Hope Team from Bank of America. They were calling to inform me where they are on modifying my home loan. IT IS REAL!!!!