News
New commissioner's job is keeping check on banks
www.boston.com
[Boston Globe] - We get lots of calls from people, particularly in this environment, looking for help on a loan modification. We'll refer them to either local counseling agencies or the Hope hot line [ HOPE]. We also get a considerable amount of calls from
Obama's $20B Proposal: A Drop in the Bucket
www.examiner.com
[Examiner.com] - In support of the banking industry claim, they cite that in just over a year since the government loan modification programs began, loan modifications have done little to stop the foreclosure crisis; despite the fact the mortgage industry has privately
Orcutt man claims to be victim of Wells Fargo foreclosure scam
www.ksby.com
[KSBY San Luis Obispo News] - The Orcutt man frustrated by his loan modification process with Wells Fargo is considering filing a lawsuit against the bank. He says when he applied for a loan modification, the company stuck him with thousands of dollars in fees, ultimately forcing
Fighting back vs. foreclosures in Santa Cruz County
www.nogalesinternational.com
[Nogales International] - The bank was unwilling to negotiate a loan modification and offered only a temporary payment reduction – with the full amount due at the end of the five-month reduction. That didn't help, and in August 2010, the couple fell into foreclosure.
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