Finally, lenders are going to have to answer tough questions on not granting loan modifications to homeowners. After a month of being pressured by Treasury and HUD to grant more loan workouts, and still failing to help borrowers modify their mortgages, lenders are going to have to explain to President Obama why so little is [...]
Archives for Government
Crackdown on Loan Modification Scams by Federal Agencies
by Justin Bartlett in July 27th 2009If you are in need of representation on a loan modification, be sure that you thoroughly investigate the company that you are considering partnering with. First, attempt to work things out with your lender on your own, and contact HUD and speak with a counselor if things aren’t working out. If you truly believe that an expert is necessary to represent you, please consider ModificationZoom, an ethical and professional loss mitigation group that can guarantee results.
Category: FTC, Government Tags: attorney general, compliance, Federal Trade Commission, foreclosure rescue, FTC, Loan Modification, Loss Mitigation, scammers, scams
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