loan modification

SunTrust to Pay For Faulty Foreclosures

Settlement includes cash payments of $2 million, $21.5 million in other relief for NC consumers By Jeff Sorg, OnlineEd Blog (December 9, 2015) –  Cash payments of nearly $2 million are on the way to approximately 1,400 North Carolina mortgage borrowers who were wrongly foreclosed on by SunTrust, Attorney General Roy Cooper said Friday. “This is

Loan Modification Scam Operater that Targeted Distressed Homeowners Sentenced to 18 Years in Federal Prison

The founder and co-owner of a Rancho Cucamonga business was sentenced yesterday to 18 years in federal prison By Jeff Sorg, OnlineEd Blog (December 8, 2015) –  RIVERSIDE, California – The United States Department of Justice is reporting that the founder and co-owner of a Rancho Cucamonga business was sentenced today to 18 years in federal prison

Enforcement Agencies Continue To Fight Loan Modification, Mortgage Relief, and Foreclosure Rescue Scams

Consumers warned not to pay upfront fees, and victims urged to file complaints (SACRAMENTO, California Department of Real Estate) – The California State Department of Real Estate (DRE) and other law enforcement agencies have alerted and continue to warn consumers to be wary of promises for loan modification, mortgage relief, and foreclosure rescue as scammers continue

Oregon Sues California Loan Modification Company

(Oregon Department of Justice – Salem, OR) – Lawsuit accuses NOD Consultants, LLC, and principals Nicolas R. Godbout and Grant A. Gerhart, of misleading Oregon homeowners Attorney General John Kroger today announced a lawsuit accusing California-based loan modification company NOD Consultants, LLC of illegally collecting about $90,000 in fees from nearly three dozen Oregon homeowners and