loan modification scams

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Latest blogosphere posts tagged “loan modification scams”

  • Are honest loan modification companies being unfairly targeted?


    LoanWorkout.orgAuthority Authority: 441
    Earlier this year, legislation was passed creating strict regulations for loan modification companies in Nevada. The hope was that the new rules would weed out the companies which have been scamming homeowners.  But are the rules penalizing honest companies?     News 3’s Dan Ball spoke with a loan ...
    1 day ago
  • K.N.C. Financiera Inc.: California DRE Files Cease and Desist


    LoanWorkout.orgAuthority Authority: 441
    The California Department of Real Estate has issued an order to “desist and refrain” to the operators of K.N.C. Financiera Inc., a Bakersfield company that was marketing loan modification services even though its leaders did not have real estate licenses, according to the state.The two principals of the company ...
    1 day ago
  • Behind on Mortgage: Texas Attorney General Files Lawsuit


    LoanWorkout.orgAuthority Authority: 441
    Attorney General Abbott Takes Enforcement Action Against Dallas-area ‘Mortgage Rescue’ Operation Behind on Mortgage’ defendants bilked unwitting homeownersDALLAS – Texas Attorney General Greg Abbott today took legal action to obtain restitution for a fraudulent “mortgage rescue” firm’s victims.Dallas ...
    2 days ago
  • Loan Modification Scam PSA #2


    CVN MoneyAuthority Authority: 138
    California Department of Real Estate Loan Modification Scam PSA. Beware of home loan modification scams and foreclosure fraud. Loan modification advice and loan modification tips. Call 888-995-HOPE for more information.
    3 days ago
  • FBI Offers Homeowners Tips to Avoid Loan Modification Scams


    LoanWorkout.orgAuthority Authority: 441
    Consumer Alert: Don’t Let Foreclosure Rescue Schemes Sink YouFees and Practices Trigger Complaints to FBI and State InvestigatorsIn tough financial times it seems plenty of companies are claiming they can save Utah homeowners from foreclosure. There are a growing number of advertisements offering home loan ...
    1 week ago
  • California DRE Looking Into 1,3000 Loan Modification Scams


    LoanWorkout.orgAuthority Authority: 441
    “These people were taking advantage of people at the end of their ropes,” said Davi, speaking at the O.C. Coastal Chapter of the Women’s Council of Realtors. “And they are so prevalent.”Many scam artists see the issuance of a desist-and-refrain order as a cost of doing business, Davi said. Often, they’re ...
    1 week ago
  • How to Determine If a Company Specializes in Loan Modification Fraud


    Mortgage-BlogAuthority Authority: 449
    It is sad to think that there are still a lot of companies who do loan modification scams on people who are currently deep in debt. It is even more unfortunate that even if the country is already experiencing a traumatic downfall in the economy, these companies still have the nerve to steal and fool its customers. ...
    2 weeks ago
  • Government Wants School Children and Homeowners to Spot Scams


    LoanWorkout.orgAuthority Authority: 441
    And it is one of the first places targeted in the homeowner education campaign launched on Monday by government agencies, local leaders and housing advocates to stop scammers preying on desperate borrowers nationwide.Officials do not know how many scams have been perpetrated among millions of American families who ...
    2 weeks ago
  • Loan modification scams continue in Nevada


    LoanWorkout.orgAuthority Authority: 441
    Boxes of complaints have poured into the state’s Business and Industry Department on people scamming homeowners out of thousands, claiming they can help modify loans but instead never do a thing.“Weed out bad actors. When you put requirements in place, a lot of them will drop off, hopefully, because they have no ...
    3 weeks ago

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