Tag Archives: FTC

Loan Modification Assistance – Avoiding the Scams

When rumors of federally funded help for homeowners programs first surfaced in 2008, the wave of predatory loan modification companies skyrocketed. Many unfortunate homeowners, desperately scrambling to save their homes, shelled out large sums of money to fraudulent companies presenting … Continue reading

Posted in Mortgage Loan Modification | Tagged , , , , , , , | Leave a comment

Fraud Crackdown Focusing on Advance Fee Charges

The FTC has announced that they are looking at the possibility of banning up front – or advance – fees with regards to home rescue programs. It’s a good move. Advance fees represent too much opportunity for fraud as it … Continue reading

Posted in Mortgage Loan Modification | Tagged , , , , | Leave a comment