Boxes of complaints have poured into the state’s Business and Industry Department on people scamming homeowners out of thousands, claiming they can help modify loans but instead never do a thing.
“Weed out bad actors. When you put requirements in place, a lot of them will drop off, hopefully, because they have no intention of operating legally or ethically,” said Elizabeth Daniels with the Nevada Department of Business and Industry.
Daniels says if loan modifiers do not attempt to get licensed, and bonded, the state can come after them.
