federal-trade
FTC hopes to fight mortgage fraud (Chicago Sun-Times)
February 10, 2010 by admin · Leave a Comment
To combat fraud, the U.S. Federal Trade Commission seeks to ban foreclosure rescue and mortgage-modification-services companies from charging upfront fees.Under a proposed FTC rule, the companies could get paid only after providing the services
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FTC hopes to fight mortgage fraud (Chicago Sun-Times)
federal-trade
FTC Proposes Rule That Would Bar Mortgage Relief Companies from Charging Up-Front Fees (RISMedia Real Estate News)
February 8, 2010 by admin · Leave a Comment
RISMEDIA, February 9, 2010—The Federal Trade Commission (FTC) moved to protect distressed homeowners from the promoters of bogus foreclosure rescue and mortgage modification services by proposing a new rule that would forbid companies to charge up-front for these services. Instead,…
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FTC Proposes Rule That Would Bar Mortgage Relief Companies from Charging Up-Front Fees (RISMedia Real Estate News)
federal-trade
Risk-based pricing notices could cut mortgage fees and interest rates (Los Angeles Times)
January 8, 2010 by admin · Leave a Comment
Rules finalized by the Federal Trade Commission and the Federal Reserve will require lenders to alert loan applicants when a problem with their credit files might trigger excessive costs. For mortgage applicants and home buyers, it’s been a six-year wait, but the Federal Trade Commission and the Federal Reserve finally have come out with consumer credit protection rules first required by …
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Risk-based pricing notices could cut mortgage fees and interest rates (Los Angeles Times)
federal-trade
Kansas attorney general fights to stop mortgage, foreclosure fraud (The Newton Kansan)
November 27, 2009 by admin · Leave a Comment
As part of his ongoing effort to combat mortgage and foreclosure fraud, Kansas Attorney General Steve Six has joined the Federal Trade Commission, the U.S.
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Kansas attorney general fights to stop mortgage, foreclosure fraud (The Newton Kansan)
federal-trade
Agencies in nationwide mortgage modification sweep (AP via Yahoo! News)
July 15, 2009 by · Leave a Comment
Prosecutors filed 189 legal actions Wednesday against loan modification consultants accused of bilking homeowners who are desperate to make their mortgage payments more affordable.
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Agencies in nationwide mortgage modification sweep (AP via Yahoo! News)