Posted by JanetK_CA on 9/21/09 3:38pm
Msg #304492

Fed regulators consider ban on upfront fees for loan mods

Here's a link to an article about the FTC considering a nationwide ban on upfront fees for loan modifications in an effort to stop some of the rampant mortgage fraud going on.

http://www.latimes.com/business/la-fi-mortgage-scams18-2009sep18,0,700322.story

Reply by Jack/AL on 9/21/09 4:04pm
Msg #304499

Thanky.

Reply by John/CT on 9/21/09 4:05pm
Msg #304500

It's about time! What've they been doing all these months?! n/m

Reply by JanetK_CA on 9/21/09 4:23pm
Msg #304502

Oops. See thread 304395 below on same topic. n/m