SACRAMENTO, Calif. (AP) -- Three Sacramento-area attorneys have been arrested for running what prosecutors say was a loan modification scam that allegedly bilked homeowners out of thousands of dollars ...
TALLAHASSEE, FL – As part of National Consumer Protection Week, Attorney General Bill McCollum today issued a consumer advisory on foreclosure rescue services and foreclosure-related loan modification ...
Federal and state officials are cracking down on foreclosure-rescue scams, the Obama administration said yesterday as it pledged to take on a growing industry that's targeting borrowers who are trying ...
“I was running around the house trying to grab things that I needed ... just throwing things in bags," ...
The Better Business Bureau of Western Virginia reported that area consumers have been scammed by loan modification companies offering services in direct violation of FTC regulations. It was reported ...
If someone promises they can lower your monthly mortgage payment for a fee, U.S. postal inspectors say you should run in the other direction. So-called mortgage modification scams can end up costing ...
WASHINGTON -- Federal and state officials are cracking down on mortgage modification scams, accusing "criminal actors" of preying on desperate borrowers caught up in the nation's housing crisis.
Mortgage-relief scams target blacks, Latinos: Since the housing crisis began, nearly half the victims of mortgage loan-modification scams have been of African-American, Latino or Asian descent, ...
A loan modification is a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term ...