by Moe Bedard
“I am really worried. Most of the payment option plans are going to re-calibrate in the coming year and unless the mortgage lenders become a whole lot better at working with their clients and modifying loans, virtually all of those loans are going to turn into foreclosures. That frankly is the other shoe that could [...]
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by Moe Bedard
A consumer-fraud lawsuit has been filed against the Phoenix-based loan-modification firm Santoya Financial.
The Arizona attorney general filed the suit Monday alleging Santoya is deceiving consumers with its advertising, Web site and news releases.
According to the suit, Santoya claims its loan-modification services are approved by the U.S. Department of Housing and Urban Development, which is not [...]
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