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Real Estate & Property Law

: The Home Equity Theft Reporter

CBS Evening News On South Florida Loan Modification Firm Currently Facing Civil Charges From State AG

By r morris

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The CBS Evening News recently ran a story on South Florida loan modification firm Outreach Housing, which summarized their approach to financially strapped homeowners with this excerpt:[F]or homeowners the pitch went like this: They would pay Outreach Housing an upfront fee of about $1,200. They would then stop paying their lender and instead pay Outreach every month an amount equal to two-thirds

Full post as published by The Home Equity Theft Reporter on February 15, 2009 (boomark / email).

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