A loan modification and a mortgage refinance generally address the same desire: to lower the monthly payment on your home. However, the two options are intended for homeowners in very different ...

The people struggling with huge debts and financial hardships can make use of the loan modification programs intended to support such individuals. The hopes of the homeowners who struggle to avoid ...

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 ...

On July 23, 2014, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) jointly issued an announcement, entitled “CFPB, FTC and States Announce Sweep Against ...

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 ...

The Washington State Department of Financial Institutions has issued a warning to consumers regarding another unlicensed loan modification operation promoted by a California law firm, Kramer & Kaslow, ...

Despite decrease in loan modifications, more borrowers opt for permanent payment reductions. Capital markets fintech company dv01 analyzed Non-Qualified Mortgage loan modifications, and found a ...

WASHINGTON, Nov 19 (Reuters) - Foreclosure rescue companies and loan modification firms, many of which have been accused of taking money from desperate homeowners and doing little for them, will no ...

The collapse of the housing market has spawned a whole new industry — companies that say they can help troubled homeowners negotiate modifications to their mortgages. But officials in several states ...

One thing I've learned about many loan modification companies is that they will take your credit score, and crush it. Some will tell their customers to stop paying their mortgage. The thought is a ...

The Commonwealth has reached settlements with two mortgage loan modification companies, accused of illegally charging advance fees to clients seeking foreclosure rescue services. Attorney General Ken ...

SEATAC, Wash.— State Attorney General Rob McKenna sued two California businesses Wednesday as part of a nationwide crackdown on mortgage foreclosure rescue and loan modification scams. The attorney ...