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FTC Launches First Wave Of Smackdown On Scammy Loan Consultants
Yesterday, as part of “Operation Loan Lies,” the FTC and 19 states filed 189 lawsuits, cease-and-desist orders, and other legal actions to shut down loan modification consultants who prey on desperate...
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Bank Of America Employee Allegedly Demanded Illegal Fees To Prevent Foreclosures
It’s bad enough that banks have been negligent at implementing the government’s loan modification program, but now a BoA mortgage loan officer is being sued for making extra money illegally on...
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California Goes Gangbusters Against Abusive Lending, Passes Sweeping...
Hey, rest of the country that isn’t California! This is how you do it: California legislators went ahead and approved a sweeping bill on Monday that is basically a homeowner bill of rights, including...
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