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Loan Modification

: Loan Modification & Home Loan News

Home fraud shield law on Gov. Paterson?s desk would fight loan scams

By Moe Bedard

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The bottom-feeders are back, but a bill on Gov. Paterson‘s desk could protect distressed Bronx homeowners from fraud. Two years after the subprime mortgage crisis imploded, unscrupulous loan modification consultants are still scamming homeowners like Angeleta Beckford. The 54-year-old coughed up more than $17,000 for consultants who promised to save her Throgs Neck home from foreclosure [...]

Full post as published by Loan Modification & Home Loan News on September 29, 2010 (boomark / email).

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