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As the state’s foreclosure crisis continues, loan modification and foreclosure defense have been become hot specialties for some attorneys. The state attorney general has received a record 756 complaints through August of this year about loan modifications involving attorneys. That compares with 61 similar complaints in all of 2008.
“There has definitely been a trend in the last six months or year where attorneys are having some involvement in loan modification scams,” said Arne Vanstrum of The Florida Bar. He said the Bar has received 100 complaints about lawyers involved in loan modifications in the last six months — most from South Florida property owners.
