SACRAMENTO, Calif. (AP) -- Three Sacramento-area attorneys have been arrested for running what prosecutors say was a loan modification scam that allegedly bilked homeowners out of thousands of dollars ...

The Federal Trade Commission (FTC) finalized an enforcement order on June 9, returning nearly $3 million by check within 90 ...

(Note: In part one of this two-part series on loan modification programs, I’ll set the table by examining loan counseling companies, and see what, if anything, they bring to the table. In part two, ...

The Better Business Bureau of Western Virginia reported that area consumers have been scammed by loan modification companies offering services in direct violation of FTC regulations. It was reported ...

TALLAHASSEE, FL – As part of National Consumer Protection Week, Attorney General Bill McCollum today issued a consumer advisory on foreclosure rescue services and foreclosure-related loan modification ...

A loan modification is a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term ...

So the newest flavor of loan modification scams involves firms that hire a small number of lawyers who do little or no loan work, but give the company legal cover to collect up-front fees. The agency ...

Here is a roundup of alleged cons, frauds and schemes to watch out for. Beauty queen — Prosecutors in Santa Clara County have accused a former Mrs. Pakistan World of enticing desperate homeowners to ...

A mortgage loan modification is a relief option designed for borrowers experiencing long-term financial hardships that make it impossible for them to keep up with payments. The goal is to reduce your ...