phoenix called emodify my loan.com. yes, that mazilo. he is the nephew of angelo of countrywide, the company that helped trigger the mortgage meltdown that forced millions into foreclosure. this one says he wants to help victims of that debacle. >> it was a terrible business mistake that entire industry made and certainly he was in the center of that being ceo of the largest mortgage companies. >> reporter: his site walks homeowners through the modification process, it charges $97 to do that. >> what we're trying to do is put that information and put those tools in the hands of the homeowner themselves. they don't have to pay thousands of dollars for a loan modification. >> you do not need to pay for someone to help you facilitate a loan modification or short sale. there are over 1700 hud approved housing counseling agencies. >> reporter: loan mod fecations are thriving. >> it is right for fraud. there have been people arrested and taken to jail because they are taking advantage of people. >> reporter: arroyo, who found a free counseling