foreclosure rescue

The foreclosure crisis continues to pummel millions of Americans, and it has given rise to new con artists offering false assistance that leaves homeowners even deeper in debt. If you don't want to get kicked when you're already down, here are a few things to remember.

Illinois' attorney general is suing a company for allegedly operating debt relief and mortgage rescue scams that targeted the Chicago area's sizable Polish community - allegedly bilking more than a dozen customers out of $300,000. Attorney General Lisa Madigan said the Omega Business Center...

Wells Fargo still won't admit it, but its employees' testimony makes it clear that, like GMAC, JPMorgan Chase, Bank of America and OneWest Bank, they have a problem with their foreclosure documents. But the solution isn't just a better documentation process: It's time to bring back cram downs.

The Michigan Attorney General filed 19 criminal complaints with 69 allegations against nine mortgage companies and their representatives, saying they illegally charged advanced fees for foreclosure rescue and in turn, defrauded consumers out of thousands of dollars. The complaint says the...

A collection of 25 federal and state agencies have lodged a total of 189 actions against individuals and companies who allegedly deceived consumers into paying for bogus foreclosure rescue and mortgage modification programs, the Federal Trade Commission announced.The crackdown, called "Operation...

California is stepping up its crackdown on foreclosure scams that prey on people about to lose their homes.Attorney General Edmund G. Brown Jr. announced that foreclosure consultants must register with his office by July 1 and post a $100,000 bond in order to do business in California. Failure to...