Loan Modification Scams are high up in the priorities of the administration and public authorities. Loan Modification Scammers target some of the weakest members of our society, charging high fees for services that either are not carried out or offers no help to the ailing economy of the desperate home owners.
In the last months we have seen a number of institutions and AG?s hit loan modification scams throughout the country. The most recent AG to threaten and attack loan modification scammers is John Kroger, Attorney General of Oregon.
Attorney General John Kroger said that Oregons Financial Fraud and Consumer Protection Unit has ?opened more than half a dozen investigations? into loan modification companies, two of these loan modification companies received a sanction.
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