Posts tagged as:

Fed Mod

Family loses home to Fed Mod loan modification scam

by Moe Bedard

Looks like another family will loose their home to the Federal Loan Modification Center/ Fed Mod nation wide scam. There must be thousands of families that are in the exact same position as the family below.

My only advice to victims of  the Fed Mod scam is to seek help immediately from a non-profit and cut your [...]

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Attention FED MOD & Federal Loan Modification Center clients

by Moe Bedard

During their hey day, Federal Loan Modification Center (AKA Fed Mod) may have been the largest foreclosure rescue operation on the West Coast. I don’t think there wasn’t a time in 2008 or early 2009 when I would turn on my TV and see thier cheesy loan modification commercials with paid D list actors.

Word on the street was [...]

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Federal Loan Modification Center swindling homewowners again?

by Moe Bedard

It looks like the Federal Loan Modification Center/ Fed Mod may be back in business under a new name in Irvine, California. I received the tips via comments left on this blog and other forums on the internet.
http://loanworkout.org/2009/04/federal-loan-modification-center-aka-fed-mod-ftc-lawsuit/#comment-16002

Devastated by these CROOKS August 5, 2009 at 8:55 pm [edit]
After the FEDMOD doors were SHUT. Many of [...]

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Loan Modification Firms Stimulating the Economy?

by Moe Bedard

By Moe Bedard
A recent article in the Orange County Business Journal argues that Loan Modification firms are helping stimulate the local commercial real estate market as they’re snapping up office space left and right in Orange County, CA. Well, of course they are…the loan modification industry is growing, will continue to grow and will be [...]

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“Bloodsuckers and Bottom Feeders”

by Moe Bedard

By Moe Bedard
Yet another Mortgage Modification Fraud alert was posted on CNBC this morning. Former Department of Housing and Urban Development consultant Howard Glaser warned “The bloodsuckers and bottom feeders are out.” More and more attention is appropriately being placed on mortgage scam artists by the mass media now and I think it’s a good [...]

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Federal Government and State Governments Get Serious About Mortgage Scams

by Moe Bedard

By Moe Bedard
NECN.com featured a video news release this morning making it very clear that the federal and state governments will be taking aggressive action against fraudulent loan modification firms. Treasury Secretary Timothy Geithner directly addressed the federal government’s position indicating “…we will aggressively pursue individuals involved in mortgage rescue scams.” Both the Massachusetts Attorney [...]

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