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5 Secrets How To Avoid Loan Modification Scams

*Do you want to know my 5 Secrets on How to Avoid Loan Modification Scams? *Have you heard about the guidelines that the government set up to help you avoid getting scammed? *What’s my secret tip on How to find out if you’re being scammed?  Click Here to Listen to the December 17, 2009 airing

What’s next as loan modification trial ends for homeowners?

Many of the first participants in President Obama’s mortgage modification program are coming to the end of their trial period, but few of those trial modifications have been made into permanent loans. For full article, click here

Bank of America says it modified 600,000 mortgages since January 2008

Bank of America Corp. said Monday it has provided mortgage relief through loan modifications for more than 600,000 homeowners since January 2008. For full article, click here

LOAN MODIFICATIONS

How to Make Sure Your Loan Modification Stays Permanent Find out the value of your home without spending hundreds of dollars for an appraisal Click Here to Listen to the December 3, 2009 airing

Do You Have Credit Questions?

*Are you worried about how your credit score will be affected if you get a loan modification? *Do you find all these new Governmental programs and laws confusing to understand? Well, wonder no longer!! On “Your Finances Your Future”, I discussed Credit Scores and How to Enhance Them. My special guest shared all you need [...]

ARE YOU FALLING BEHIND?

Are You finding it difficult to keep up with your mortgage payments? As many Americans are falling further into debt with the continued collapse of the housing market, there aren’t very many people to turn to for help. Find out how you can save between $700 to $3000 off your mortgage payment per month. Listen [...]

‘Evil’ Madoff Gets 150 Years in Epic Fraud

 In this courtroom sketch, Bernard Madoff, left, is seen with prosecutor Lisa Baroni and judge Denny Chin in Manhattan federal court in New York. Bernard Madoff, the self-confessed author of the biggest financial swindle in history, was sentenced to the maximum 150 years behind bars for what his judge called an “extraordinarily evil” fraud that [...]

Beware of loan modification scams

In an economic crisis, scam artists will naturally proliferate, and the current mortgage meltdown is no exception. Here are some quick suggestions homeowners can use to steer clear of fraudsters when facing foreclosure. Where possible, work with counselors approved by the Department of Housing and Urban Development, says Walter Walker Jr. For full article, click [...]

Complaints to state soar over loan modification firms

Complaints about loan modification companies that charge hefty fees but provide little or no service are soaring statewide as distressed homeowners struggle to avoid foreclosure. While many firms are reputable, the state Department of Real Estate is shifting resources to keep up with a mounting caseload of consumers who say they’ve been taken advantage of. [...]

Government cracks down on mortgage scams

Attorney General: FBI investigating about 2,100 mortgage fraud cases WASHINGTON – Federal and state officials are cracking down on mortgage modification scams, accusing “criminal actors” of preying on desperate borrowers caught up in the nation’s housing crisis. Government officials said Monday that scammers are seeking to take advantage of borrowers in danger of default by [...]

Don’t Let Loan-Modification Firms Scam You

Homeowners struggling to pay their mortgages have been taking advantage of the government’s new loan-modification program. Unfortunately, so have scam artists. The effort has given rise to a slew of loan-modification companies that target the more than 5 million homeowners behind on their payments. Some of them are legit, but many aren’t. They usually charge [...]