The Federal Trade Commission has announced a federal court has entered orders against 22 defendants who offered financially strapped consumers fake home-loan modification services that the FTC claims violated the FTC Act and the Mortgage Assistance Relief Services (MARS) Rule. The MARS Rule bans mortgage foreclosure rescue and loan modification services from collecting fees until …
The Federal Trade Commission just released the seal on actions it took to shut down a debt relief company that has appeared on this site before. – Source In an announcement made today, the FTC filed a complaint under seal against A to Z Marketing, Apex Members, Apex Solutions, Backend, Expert Processing Center, Smart Funding, …
“Dear Steve, I’M BEHIND ON MY MORTGAGE 21 MONTHS,i APPLIED FOR MODIFICATION WHEN MY WIFE WAS WORKING,SO MY FINANCIALS WERE HIGHER, THE BANK(BANK OF AMERICA)GAVE ME A MODIFICATION BUT THE PAYMENTS WERE TOO HIGH, THEY ADVISE ME TO REFUSE IT, UPDATE MY FINANCIALS AND THEY WILL WORK ANOTHER MODIFICATION. IT TURNS OUT THEY ARE NOT …