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loan modifcation scams

Kirkland Young – FTC Says Company Lied in Marketing Loan Modifications

by Moe Bedard

Kirkland Young and its manager allegedly misrepresented themselves as consumers’ mortgage lenders or servicers or their affiliate. The firm is believed to be owned by a David Botton of Miami, Florida.

The company left telephone messages for consumers stating that they wanted to approve the consumers for a loan modification. By telephone, they discussed specific interest [...]

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The loan modification business is officially dead

by Moe Bedard

Earlier this week California Attorney General, Gerry Brown placed a legal silver bullet in the hearts of hundreds of loan modification firms across the state. With one swift press release and a subsequent letter to the offending parties, Brown has put an end to California’s most recent gold rush.

This past Wednesday the Attorney General’s office issued a stern [...]

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