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Loan Modification

: Loan Modification & Home Loan News

Forensic mortgage loan audit scams

By Moe Bedard

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According to the Federal Trade Commission in a recent Consumer Alert (“Forensic Mortgage Loan Audit Scams: A New Twist on Foreclosure Rescue Fraud”), foreclosure “rescue” businesses may use half-truths and outright lies to sell services promising mortgage relief. The businesses allegedly exploit homeowners by pitching forensic mortgage loan audits requiring large upfront fees in exchange for [...]

Full post as published by Loan Modification & Home Loan News on June 01, 2010 (boomark / email).

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