CFPB Looking for Victims of Loan Modification Scam to Give Refund

The Consumer Financial Protection Bureau (Bureau) today released a series of public service announcements targeting consumers who were harmed by Siringoringo Law Firm, Stephen Lyster Siringoringo, Clausen & Cobb Management Company, Inc., and Joshua Cobb. Eligible consumers include all consumers who paid the Siringoringo Law Firm fees from July 22, 2011 through July 26, 2013. … Read more

I Don’t Like the Loan Modification Program My Daughter is In

Question: Dear Steve, My daughter enrolled in a loan modification program about 5 months ago. She is still being garnished as well as paying the required monthly fee. Every month they request copies for documents already received. Is this a ploy to continue garnishment, and what can she do legally? Wanda Answer: Dear Wanda, Thanks … Read more

How Not to Get Scammed by a Mortgage Loan Modification Company

It’s easy to make you a victim and rip you off with a loan modification. People are willing to believe the wild claims companies make about being able to cut your loan balance or slice your interest rate. It sounds so good when the salespeople are pitching you. If you received a postcard or letter … Read more

How to Modify Your Mortgage for Free

I’ve seen and covered so many mortgage modification scams that I wanted to show you how you can save yourself from being scammed, save thousands and modify your mortgage for free. Before you launch into paying anyone thousands for mortgage modification assistance you should explore your free options first. It’s important to know there is … Read more

My Lender is Taking a Long Time on My Loan Modification. – Tenaz

“Dear Steve, I still have issue with my Home lender because is taking such long time to get Loan Modification for almost One year and 8 months.Now recently in California has passed several bills protecting the Home owner.I believe I have strong case,I’m looking for a Legal representation in contingency basis. Please Steve If you … Read more

Trying to Get Lender to Modify Our Mortgage Again. – Kay

“Dear Steve, My husband and I bought a home in 2006, applied for a payment modification in 08 or 09 it was approved. My husband income has dropped this year and we’re now having a hard time making payments. We’re 3 months behind on our payments, applied again for a modification and it was declined … Read more

I’m Trying to Help My Neighbor With a Loan Modification On His Home. – Regina

“Dear Steve, I am trying to help a neighbor out with a loan modification on his home, but Wells Fargo keeps dragging their feet, now he got a summons from their atty’s I am hoping you can suggest a loan modification service company that may help him through all of this, or where he needs … Read more

Mass Joinder Receiver Report States What They Found During Raid

The court appointed receiver of the law offices and companies that were raided and seized in the recent mass joinder actions in California has shown that the very issues were were all concerned about, appear to have been true. Marketers for lawyers selling access to mass joinder and tort litigation created such a network of … Read more

I’ve Got Three Kids, Falling Behind, Unemployed and Have a Lot of Debt. – Kevin

“Dear Lewis, Here’s my situation. My name is Kevin, I am married with 3 kids. My story began when my wife and I tried to restructure our finances by applying for Obama’s mortgage modification program. The irony is we didn’t need to, but we were told that we qualified and figured, if we could save … Read more

AVID Law Center Puts New Wrinkle in Mass Joinder Compensation

A tipster (send in your tips here) has just forwarded a copy of the AVID Law Center pre-litigation retainer agreement in which it introduces a new money making effort to charge consumers participating in the mass joinder efforts against lenders. in this case while the AVID Law Center mailers look like the other mass joinder … Read more

We Tried to Sell Our House With a Short Sale But It Never Sold. Should We Let it Go to Foreclosure? – JoAnn

“Dear Andy, We have been in a bad mortgage for 7 years now where you only pay part of the interest and the rest gets tacked onto the principal well, we took the loan out for 347,000 but now owe 460,000. which the house isn’t even worth. For 4 years now we have been trying … Read more

We’ve Been Fighting with Bank of America for a Loan Modification. Do We Need to Hire a Loan Modification Company. – Mike

“Dear Andy, Really to long to type here. Been in a battle to keep our home for the last 16 months against Bank of American. Last month won a court dismissal for the foreclosure and am now trying to get the loan modification. Was denied for the hemp due to being told they didn’t receive … Read more