When a home owner is seeking a loan modification, they often assume hiring an attorney is their best bet. Increasingly, though, attorneys are lending their names to fraudulent mortgage modification services, the New York Times reported. The Federal Trade Commission and New York state regulations prohibit upfront fees for loan modifications, the Times said, but with exceptions made for attorneys. It now seems a number of attorneys have taken advantage of that loophole, offering the [more]![]()
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