Loan Modification Companies & Attorneys Are Now Breaking The Law!
October 16, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Scams
In California, Florida and other States across the country, it is now illegal to charge homeowners a fee prior to the completion of all loan modification services! In California, legislation which became effective this week (October 14, 2009) makes it a crime to receive a fee for providing loan modification services until after the completion of all agreed upon services.
No More Upfront Fees For Loan Modifications Says FTC
October 2, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Help
The FTC, the Federal Trade Commission, has just announced that they’re planning on doing a nationwide ban on upfront fees for loan modifications.
