Due to the large number of foreclosures, many financial institutions have created mortgage modification programs to help homeowners in default modify their existing mortgage loans into fixed-rate, more affordable loans. Many banks are overwhelmed with borrowers applying for mortgage modifications, resulting in some private companies, real estate brokers, nonprofit organizations, and attorneys offering to serve as the liaison between the homeowner and the bank, sometimes for a fee.  With the numerous options available to homeowners, it can be difficult to determine which consultants are reputable.  Individuals and companies that charge a fee prior to providing the mortgage modification service must register with the California Dept. of Real Estate (DRE).  Consumers can verify that a company’s contract has been approved by visiting www.dre.ca.gov or by calling (916) 227-0770.  Individuals and companies that charge fees after the service is performed are not required to register with the DRE.