The Better Business Bureau of Western Virginia reported that area consumers have been scammed by loan modification companies offering services in direct violation of FTC regulations. It was reported ...

On July 23, 2014, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) jointly issued an announcement, entitled “CFPB, FTC and States Announce Sweep Against ...

TALLAHASSEE, FL – As part of National Consumer Protection Week, Attorney General Bill McCollum today issued a consumer advisory on foreclosure rescue services and foreclosure-related loan modification ...

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 ...

WASHINGTON, Nov 19 (Reuters) - Foreclosure rescue companies and loan modification firms, many of which have been accused of taking money from desperate homeowners and doing little for them, will no ...

The Commonwealth has reached settlements with two mortgage loan modification companies, accused of illegally charging advance fees to clients seeking foreclosure rescue services. Attorney General Ken ...

SEATAC, Wash.— State Attorney General Rob McKenna sued two California businesses Wednesday as part of a nationwide crackdown on mortgage foreclosure rescue and loan modification scams. The attorney ...

NEW YORK (Reuters) - New York Attorney General Andrew Cuomo will sue a loan modification company and has subpoenaed 14 others in a nationwide probe into firms that allegedly prey on desperate ...

A New Jersey firm sued by the Federal Trade Commission over involvement with a mortgage-modification company has lost a skirmish but says it is hopeful for a resolution without trial. On Monday, U.S.

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One thing I've learned about many loan modification companies is that they will take your credit score, and crush it. Some will tell their customers to stop paying their mortgage. The thought is a ...

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 ...