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 ...
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 ...
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.
Armstrong Williams takes on the news of the week and asks the questions you want answered. Don’t miss our weekly town hall! by Connie Thompson Washington man attacked by bison at Yellowstone; ...
So the newest flavor of loan modification scams involves firms that hire a small number of lawyers who do little or no loan work, but give the company legal cover to collect up-front fees. The agency ...
The U.S. Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) has announced that it has shut down additional online loan modification scams that prey on vulnerable ...
A former California lawyer has been arrested on charges of defrauding more than 400 victims in a $1.25 million loan modification scam targeting struggling homeowners. According to prosecutors, ...
Here is a roundup of alleged cons, frauds and schemes to watch out for. Beauty queen — Prosecutors in Santa Clara County have accused a former Mrs. Pakistan World of enticing desperate homeowners to ...
A mortgage loan modification is a relief option designed for borrowers experiencing long-term financial hardships that make it impossible for them to keep up with payments. The goal is to reduce your ...