Will Your Bank Make The Grade?

Will Your Bank Make the Grade?

There are few things that get people moving quicker than a public shaming. As we reported previously, the administration was growing increasingly frustrated with the slow bank response to near-foreclosure homeowners who wanted to restructure their mortgage. Now the Obama…

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Cracking Down On Fraud

Cracking Down on Fraud

The jig is up for some "loan modification consultants" as the FTC and 19 states filed 189 legal actions against them nationwide last week. The filings allege these companies charge enormous fees and do little to help homeowners facing foreclosure.…

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