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Cuomo: Loan modification industry 'is a scam'

JUNE 9TH, 2009
New York Attorney General Andrew Cuomo doesn't think much of the loan modification industry. "In many ways, the entire industry is a scam, in my opinion," Cuomo said during a news conference Tuesday morning in which he announced plans to file a lawsuit...
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Foreclosures: 'April was a shocker'

MAY 13TH, 2009
NEW YORK (CNNMoney.com) -- Foreclosures in April exceeded even March's blistering pace with a record 342,000 homes receiving notices of default, auction notices or undergoing bank repossessions, according to a regular industry report...
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Bill to Protect Homeowners Against Loan Modification Scams Clears Committee

APRIL 22ND, 2009
SACRAMENTO – The Senate Judiciary Committee today passed a measure by Sen. Ron Calderon (D-Montebello) that will protect California borrowers who are struggling in today´s troubled housing market...
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Commentary: We're cracking down on those who defraud Americans

APRIL 9TH, 2009
For most of our nation's history, pursuing the American Dream has involved owning a home. Few decisions have been financially bigger, and few have been more important, as families seek to establish roots in a community and secure their futures...
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California Authorities Arrest "Loan Modification" Scam Artists

MARCH 19TH, 2009
Attorney General Edmund G. Brown Jr. today announced the arrest of two scam artists — Mary Alice Yraceburu and Marianne Curtis — who "coldly and heartlessly" conned over one hundred and sixty victims out of thousands of dollars for non-existent loan modification services...
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U.S. Sets Big Incentives to Head Off Foreclosures

MARCH 5TH, 2009
WASHINGTON — The Obama administration on Wednesday began the most ambitious effort since the 1930s to help troubled homeowners, offering lenders and borrowers big incentives and subsidies to try to stem the wave of foreclosures...
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Housing rescue plan 'should get ball rolling'

MARCH 5TH, 2009
WASHINGTON — The Obama administration Wednesday outlined details of a $75 billion housing rescue plan expected to help as many as 9 million American homeowners rework mortgages into more affordable monthly payments. The program will apply to loans made on or before Jan. 1, 2009...
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Avoid Foreclosure, Achieve Loan Modification with New GetModificationHelp.com

JULY 20TH, 2009
(PRWEB) – GetModificationHelp.com is a new, effective and easy way to prepare loan modification requests and avoid foreclosure by easing monthly mortgage burden. Bypass loan modification companies ...
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