Tag: foreclosure

What happens when you pay someone who says they’re going to help you, and they don’t? Well, in the case of HOPE Services, the FTC came calling.

Here’s the story: According to the FTC, a group of companies and individuals doing business as...

When struggling homeowners paid thousands of dollars in upfront fees to Wealth Educators, Inc., they expected help avoiding foreclosure. Although the “law firm” was quick to take their money, it did little or nothing to help save their homes,...

If you’re a homeowner who is struggling to pay the mortgage, a website, phone call or mailer that offers to reduce your mortgage payment by several hundred dollars a month sounds awfully tempting. Unfortunately, it could turn out to be just plain...

The FTC sues companies that make deceptive claims about their products or services. When we settle a case we try to get refunds for consumers who lost money, if that’s possible.

Following a recent settlement with Prime Legal Plans LLC, the...

A homeowner who’s worried about foreclosure or desperate to refinance might listen to a caller who promises to help. Unfortunately, not all cold-calling telemarketers do what they promise. Enter the Federal Trade Commission’s nearly $3.6 million...

Many homeowners struggling to make mortgage payments look for practical payment alternatives: they might try to convince the lender to modify the loan terms, ask for a temporary reduction, or maybe try to refinance the loan. The Federal Trade...

If you negotiated a short sale of your home, you may be surprised to learn that some mortgage loan underwriting systems can’t distinguish short sales from foreclosures on consumer reports. And that may keep or delay you from getting a new...

If you are struggling to make your mortgage payments — or you’ve missed making some payments — you may be thinking about negotiating a short sale of your home with your lender. After all, a short sale may not hurt your credit rating as much as a...

Should you pay someone who promises to prevent foreclosure or guarantees you a new mortgage? No. Here are 5 tips to help you avoid a scam.

You can order free bookmarks to put in your neighborhood library, local business, or anywhere!

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The FTC is mailing several hundred refund checks to Spanish-speaking consumers who lost money to Dinamica Financiera. The company falsely promised foreclosure relief and mortgage loan modifications.

For questions or general information...

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