The Financial institutions; S.A.F.E. Mortgage Licensing Act of 2008 bill has just passed the Georgia State House that is aimed at protecting your house by reducing mortgage fraud. The plan requires that all mortgage lenders undergo a criminal background check. It also calls for more training for loan officers, and allows state lawmakers to investigate [...]
Entries Tagged as 'Mortgage Scams'
Georgia Takes the Lead In Protecting Mortgage Consumers
March 4th, 2009 · No Comments
Tags: Mortgage Legislation · Mortgage Scams
Should an Attorney Negotiate my Mortgage Modification?
November 21st, 2008 · No Comments
This was a recent Question asked to MarketWatch: What do you think of hiring a law firm to negotiate a loan modification? They charge $3,995 and say they have a 95% success rate. Do you think this is better than trying to do it on your own since so many people have so much trouble? [...]
Tags: "mortgage modification" · Mortgage Scams
Foreclosure Actors: Who You May Hear From When Facing Foreclosure
May 25th, 2008 · No Comments
As soon as word gets out that you’re facing foreclosure you may be contacted by a number of different players in the industry. Here is a breakdown of some of some of the type of folks you may hear from: Your Lender. Especially if you have a government backed mortgage, you may be offered multiple [...]
Tags: Foreclosure Information · Foreclosure Statistics · Mortgage Scams