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Real Estate & Property Law

: The Home Equity Theft Reporter

Feds Obtain Judgment Against Southern California Loan Modification Racket For Clipping Homeowners With Upfront Fees & Failing To Deliver On Promises

By r morris

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The Federal Trade Commission recently announced:The Federal Trade Commission has put a permanent stop to another mortgage foreclosure ?rescue? operation that allegedly promoted bogus loan modification and foreclosure relief services. The case is one of 17 lawsuits the FTC has brought in the past 11 months in a crackdown on mortgage relief frauds that target financially strapped homeowners, and

Full post as published by The Home Equity Theft Reporter on May 03, 2010 (boomark / email).

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