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Illegal Loan Modification Companies Are Trouble
It is being reported that New York Atty. Gen. Cuomo is suing and serving subpoenas to investigate various national loan modification companies for illegal activities, including making false promises of results and for seeking advance payment of fees in violation of New York law which prohibits foreclosure rescue scams. I have blogged on this subject […]
Illegal Loan Modification Companies Are Trouble
/in Foreclosure & Loan Mod Blog /by Scott LaninIt is being reported that New York Atty. Gen. Cuomo is suing and serving subpoenas to investigate various national loan modification companies for illegal activities, including making false promises of results and for seeking advance payment of fees in violation of New York law which prohibits foreclosure rescue scams. I have blogged on this subject […]
Borrowing Your Way Out Of Foreclosure?
/in Foreclosure & Loan Mod Blog /by Scott LaninI don’t recommend borrowing your way out of foreclosure. For most people, additional debt leads to more problems. Here is an article from this weekend’s NY Times on this topic.