TALLAHASSEE, FL – As part of National Consumer Protection Week, Attorney General Bill McCollum today issued a consumer advisory on foreclosure rescue services and foreclosure-related loan modification ...

The U.S. Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) has announced that it has shut down additional online loan modification scams that prey on vulnerable ...

SACRAMENTO, Calif. (AP) -- Three Sacramento-area attorneys have been arrested for running what prosecutors say was a loan modification scam that allegedly bilked homeowners out of thousands of dollars ...

The Better Business Bureau of Western Virginia reported that area consumers have been scammed by loan modification companies offering services in direct violation of FTC regulations. It was reported ...

More than $93.6 million has gone to loan-modification scammers, according to data collected by the Loan Modification Scam Prevention Network, which includes NeighborWorks America, and a coalition of ...

Loan modification programs are initiatives designed to help borrowers who are struggling to make their mortgage payments. These programs provide an opportunity to restructure the terms of a mortgage ...

Mortgage-relief scams target blacks, Latinos: Since the housing crisis began, nearly half the victims of mortgage loan-modification scams have been of African-American, Latino or Asian descent, ...

A mortgage loan modification is a relief option designed for borrowers experiencing long-term financial hardships that make it impossible for them to keep up with payments. The goal is to reduce your ...

A loan modification is a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term ...