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Loan Modification
: Loan Modification & Home Loan NewsFlorida Loan Modification Firms Must Be Licensed
By Moe Bedard
Full post as published by Loan Modification & Home Loan News on December 29, 2009 (boomark / email).
Loan Modification Firm Engaged In The Unlicensed Practice Of Law, Says Florida AG
In a recent lawsuit filed by Florida Attorney General Bill McCollum, he accuses loan modification firm Outreach Housing with, among other things, engaging in the unlicensed practice of law in the conduct of its business activities...
Florida Bar Issues Ethics Alert For Lawyers Working With Loan Modification Firms
The Florida Bar has recently issued an "Ethics Alert" in which it provides Florida attorneys some guidance as to what activities they should steer clear from when forging working relationships with non-attorney loan modification firms...
Florida AG Continues Cranking Out Lawsuits Against Upfront Fee Loan Modification Firms
In Fort Lauderdale, Florida, the South Florida Sun Sentinel reports:Attorney General Bill McCollum sued a South Florida loan modification firm and its affiliated companies this week, alleging they violated state law by charging fees for foreclosure rescue services...
Ex-Subprime Toxic Mortgage Peddlers Now Coming To The Rescue As Loan Modification Specialists
The New York Times recently published a story reporting on how many of the operators of so-called loan modification firms are the same people who, only a couple of years ago, peddled the risky subprime mortgages that has gotten the now-financially distressed homowners in trouble in the first place...
Pennsylvania Regulator Issues Cease & Desist Orders Against Six Loan Modification Firms
From the Pennsylvania Department of Banking:The Department of Banking has ordered six out-of-state mortgage modification companies to end their unlicensed business activities in Pennsylvania...
Why I dont do loan mods
As a Jacksonville Florida foreclosure defense attorney, I am often contacted by homeowners requesting representation in the loan mod process, and my answer is always the same: NO! My firm never engages in the pointless process of loan modification because we would like to keep our sanity, thank you very much! There is only one way to [...
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