I have been receiving a lot calls lately from people who want a loan modification. As you know, attorneys, and others in the business, can no longer charge an up front fee for a modification. This means that many homeowners…
Posts Tagged With: loan modifications
California Debt Blog: News10 Story on Loan Modification Scams
I was interviewed by Dana Howard of News10 on loan modification scams. The story ran last night and can be seen here. You can read the text here. The moral of the story: do not pay anyone any money for…
California Debt Blog: Banks Avoiding Doing Loan Modifications
A new study by the Federal Reserve of Boston concludes that lenders are not offering loan modifications, despite the lenders statements to the contrary. Why? Because the lenders aren’t making money on them. The interesting part, I think, is that…
California Debt Blog: California AG Sues Mitchell Roth
I can’t provide the story via the link since it is a locked story, but here is the story from The Recorder, a legal publication out of San Francisco: SACRAMENTO — Attorney General Jerry Brown on Monday sued a Southern…
California Debt Blog: Write your state legislators
It is not often that I ask my readers to do something. But, today I am. There are two bills that are going to affect you and no one is even talking about them. SB 94 and AB 764 are…