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Loan Modification

: Loan Modification & Home Loan News

Making Home Affordable Sham Ads: FTC Reaches Settlement With False Marketers

By Moe Bedard

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The FTC settled with the following defendants, all of whom charged consumers up-front fees and made false promises that they could get their loans modified or prevent foreclosure: Making Home Affordable. The FTC alleged that the defendants impersonated MakingHomeAffordable.gov, a federal government Web site that helps eligible homeowners refinance or modify their mortgages. Defendants Sean Cantkier, [...]

Full post as published by Loan Modification & Home Loan News on June 18, 2010 (boomark / email).

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