mortgage modification scams

    By Catherine New

    | 6:30AM 9/26/2011
    A raft of con artists have cropped up over the last two years offering "forensic loan audits." They promise to review your mortgage documents, looking for errors and legal flaws that they say they'll use to expedite a loan modification deal. All they usually end up doing is taking more money from already stressed homeowners.

    By Jorgen Wouters

    | 9:00AM 6/24/2011
    A trio of con artists will pay $18.8 million to settle Federal Trade Commission charges that they and their company swindled homeowners struggling to make their mortgage payments. Sean Zausner, David Zausner, David J. Feingold and First Universal Lending LLC were accused by the FTC of preying upon...

    By Jorgen Wouters

    | 10:15AM 4/21/2011
    If you receive an official-looking letter from an out-of-state law firm asking you to fork over a hefty upfront fee to join a "mass joinder" lawsuit to force your mortgage lender to reduce your monthly payments, chances are good, you've been targeted by a new nationwide mortgage scam. The Better...

    By Charles Feldman

    | 6:00PM 12/29/2009
    Mortgage loan modification. You need it. You want it. You have to have it. You're determined to get it. You're out on the street if you don't! And, in case you haven't figured this out yet on your own, by the time you even start thinking the things mentioned in the paragraph above, a host of...