In particular, loan modification and debt consolidation firms are taking advantage of those who can least afford it. There are certainly companies that ...

After paying the upfront fee, borrowers found that the companies made no real attempt to secure a loan modification and were subsequently unable to get ...

While some companies have sprung up that can help homeowners through the modification program, there is caution that needs to be exercised as many scams are ...

WASHINGTON, July 30 (UPI) -- The U.S. Federal Trade Commission said companies helping consumers dig out of debt would be barred in the future from accepting payment in advance. Federal Trade Commission - Debt settlement - Business - Federal government of the United States - Financial Services

A Livingston County businesswoman and her employee are two of the 10 people charged Thursday for defrauding Michigan families out of thousands of dollars in a foreclosure-rescue scam.

While some companies have sprung up that can help homeowners through the modification program, there is caution that needs to be exercised as many scams are ...

“Auto loan modification companies are following in the footsteps of unscrupulous mortgage modification companies which have long targeted struggling ...

Virginia Attorney General Ken Cuccinelli has sued two Virginia Beach mortgage loan modification companies, claiming they charged consumers as much as $1200 ...

In the settlements announced Monday: _Steven Oscherowitz, affiliated with a firm called Federal Loan Modification Law Center, was ordered to pay $11.5 ...

After paying the upfront fee, borrowers found that the companies made no real attempt to secure a loan modification and were subsequently unable to get ...

FBI – Loan Modification Scammers Impersonate Government Agencies Over the duration of the last year, an alarming amount of unlicensed loan modification companies have popped up, taking money from homeowners for little or no assistance ...

They need to fill up the Homecomings Financial Loan Modification Help form. There are various companies or institutions doing this for you and help save your homes. Borrowers who donot have time or share a strained relation with the ...

Do Loan Modification Lead Web Vendors Own Up To Their Commitment? As the great American business man Harold Geneen said “It is an immutable law in. ... It is important for a broker to understand that the goal for some lead generation companies is to offer guarantees and promises because they know that most will actually fall for this. If they sell 100 clients and earn $1000 dollars, they made a quick $100000. When enough brokers complain, th ...

Companies have seen an opportunity in this and have begun charging large, upfront fees to work with the lender to modify the terms of a loan. However, many of these businesses are turning out to be scams -- taking the upfront fee ...

Knowledge is one reason why seeking professional help through a licensed modification company may be the most effective method to modifying your loan. Professional modification companies educate themselves continually and offer ...