Yet another loan workout or modification scam. I am disgusted by the number of calls we receive every week detailing a company or lawyer who takes someone’s hard earned money and fails to deliver on their promise to modify the home mortgage.
Housing counselors can provide advice on buying a home, renting, defaults, foreclosures, and credit issues. Advice from housing counselors can be provided at little or no cost to consumers. Related Post Scam Arrest Warrants: Normally You Cannot Be Arres… Debt Collectors Could Face New Rules Student Loans – CFPB Helping Deal with Finan… Debt Collection […]
According to Bloomberg News: Fannie Mae will begin bulk auctions of mortgages, including some sales targeted for non-profit groups and small investors, as Fannie Mae moves to reduce the number of non-performing loans “sour mortgages” on its books. Related Post Streamlined Modification Initiative National Mortgage Foreclosure Settlement – m… HELOC – Can the Lender Foreclose […]
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The story is one that thousands of homeowners have experienced over the last 8 years: job loss, financial collapse, and possible bankruptcy. The homeowner diligently works with the lender to reduce payments, following the lender/servicer’s instructions only to find complete mismanagement by the lender/servicer to properly document agreements and then the initiation of a foreclosure. […]
Related Post Short Sale and Foreclosure Frauds Continue Another Non-Profit Scheme to Steal Homes Judges Holding Banks Responsible – Tired of … Consumer advisory: Don’t fall for a foreclosure re… Mortgage Modification Frauds The Seamy World of Debt Collecting
Related Post Consumer advisory: Don’t fall for a foreclosure re… Arizona Homeowner’s Association Dues, with s… National Mortgage Foreclosure Settlement – m… HELOC – Can the Lender Foreclose in Arizona? Mortgage Modification Frauds HSBC sued by NY Attorney General for Violations of…