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Real Estate & Property Law

: The Home Equity Theft Reporter

Consumer Advocate Calls For Ban Against Upfront Fees For Loan Mod Help Or Any Comp Unless Mortgage Workout Actually Helps Distressed Homeowners

By r morris

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The Cleveland Plain Dealer reports:The National Consumer Law Center [NCLC] is calling for a ban on advance fees for loan modification help and a federal rule that no one can charge homeowners fees unless the loan modification actually helps homeowners avoid foreclosure. The NCLC's report was released [Friday], just ahead of the Federal Trade Commission's deadline for comments on whether the

Full post as published by The Home Equity Theft Reporter on July 14, 2009 (boomark / email).

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