Loan Modifications « Wisconsin Home | Wisconsin Real Estate | Wisconsin Bargain Properties

Bank of America Settlement Should Be Voided, Nevada Says

(Source: Bloomberg By Sophia Pearson) – Nevada asked a U.S. judge to terminate a settlement with Bank of America Corp. (BAC) over home-loan modifications tied to its Countrywide mortgage unit, saying the company hasn’t complied with terms of the accord.Bank [...] Loan Calculator

Va. AG Settles With Loan Modification Company

RICHMOND, Va. (Source: Legal Newsline BY BRYAN COHEN) – Virginia Attorney General Ken Cuccinelli announced a lawsuit on Thursday against a Chesapeake, Va.-based mortgage loan modification company for allegedly charging illegal advance fees for its “foreclosure rescue” services. Cuccinelli alleges [...] Loan Calculator

Va Settles Foreclosure Rescue Case, Files Another

(Source: Bloomberg Businessweek) – Virginia has reached a settlement with one mortgage loan modification company and sued another.Attorney General Cuccinelli said Thursday that he’s settled a lawsuit against Virginia Beach-based Real Estate Resolutions, which was accused of charging illegal advance [...] Loan Calculator

Fennville Woman Convicted on 9 Counts for Mortgage Fraud

FENNVILLE, Mich. (Source: NEWSCHANNEL 3) – A judge in Allegan County has convicted a Fennville woman on nine counts for her role in a mortgage fraud rescue scheme.Prosecutors say 36-year-old Tonia Raisbeck opened a loan modification company and collected up-front [...] Loan Calculator

Ranger Man Files Suit Against Chase Over Mortgage

HAMLIN (Source: WV Record By Harmon Marks) – A Ranger man says his need of a loan modification resulted in abusive home mortgage servicing by Chase Home Finance.Charleston lawyers Jacklyn A. Gonzales and Daniel F. Hedges brought Paul R. McComas’ [...] Loan Calculator

Florida Congressman West Meets With Ocwen’s Loan Modification Specialists to Help At-Risk Homeowners

(Source: OCWEN) WEST PALM BEACH, FlORIDA- Congressman Allen West (FL-22) met last week with top executives and call center representatives of Ocwen Financial Corporation (“Ocwen” or the “Company”) , a mortgage servicing organization that is working to modify the loans [...] Loan Calculator

Seven Firms Charged in Mortgage Loan Scheme

MATAWAN (Source: GM News) — A borough firm was among seven mortgage loan modification firms targeted by the state Division of Consumer Affairs for illegally offering mortgage modification services to homeowners in dire financial straits.Attorney General Paula T. Dow and [...] Loan Calculator

Frustrated Homeowners Say They Got Roadblocks, Not Help

DETROIT (Source: The Detroit Free Press By JENNIFER DIXON) – Kim Orsi’s bank told her she needed to earn more money to qualify for a federal loan modification program. So she started a pet-sitting business, only to be told she [...] Loan Calculator

Miami Mortgage Loan Modifiers Arrested on Fraud, Racketeering Charges

(Source: By Diane C. Lade, Sun Sentinel) – The owners of a Miami home loan modification company were arrested on criminal charges Wednesday for allegedly defrauding 500 homeowners statewide out of 0,000, Florida Attorney General Pam Bondi said. The Attorney [...] Loan Calculator

Nevada Judge Sentences 2 Men in Connection with Loan Modification Scam, Orders Them to Pay Up

LAS VEGAS (Source: The republic) — The Nevada Attorney General says two men have been sentenced and ordered to pay restitution in connection with a mortgage scam involving Nevada homeowners.Prosecutors say 50-year-old Joseph Yorkus set up businesses to help homeowners [...] Loan Calculator

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