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False hopes, hassles and auto-loan-modification offers

Having reliable transportation is essential. If you have ever been without a car and had to rely on public transportation, you know the value of having access to a set of wheels. However, high unemployment has complicated things.
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Pegasystems Helps Mortgage Servicers Adapt to Changing Government Programs for Modifications, Short Sales, Foreclosures

Loan Loss Mitigation Solution Streamlines Complex Processes, Increases Agility and Productivity for Servicers; Pegasystems Solution Has Helped Manage Nearly 20% of All HAMP Volume(1)
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Foil 6 common consumer credit complaints

Consumers are increasingly steamed about credit practices and abuses.
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Wright County working to stop foreclosure scams

It’s pretty easy to see how the economic woes that have been facing the country over the past few years have taken their toll on U.S. citizens.
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Legal Briefs

Three people from a business named PDM Financial Group were indicted by the Nevada attorney general's office Aug. 30 and accused of running a foreclosure rescue scam.
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DJSP Enterprises, Inc. Reports Financial Results for the Three and Six Months Ended June 30, 2010

PLANTATION, Fla. -- DJSP Enterprises, Inc. , one of the largest providers of processing services for the mortgage and real estate industries in the United States, today announced financial results for the three and six month periods ended June 30, 2010.
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Federal commission hears Bakersfield's woes

A few words from Bill Thomas offered a ray of hope -- for one woman -- at the end of Tuesday's field hearing of the federal Financial Crisis Inquiry Commission in Bakersfield.
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Unkept Promises For Homeowners

Like hundreds of other Spanish speaking homeowners, Jose Valladares thought a business called Homeowners Legal Assistance could stop his foreclosure.
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Deciding to walk away from mortgage

Baltimore resident joins the growing ranks of 'strategic defaulters' Wallace Farmer (pictured) walked away from his Baltimore rowhome and the mortgage. It's the bank's problem now. Hundreds of thousands of Americans have done the same, researchers estimate. Criticized by some as immoral, hailed by others as righteously logical, these "strategic defaulters" have launched a national debate about ...
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Watch out for foreclosure rescue scam red flags

In June, the Financial Crimes Enforcement Network of the U.S. Department of the Treasury released its first analysis of suspicious activity reports containing information about potential foreclosure rescue scams. In addition to the increase in reported activity, the analysis showed the nature of foreclosure rescue scams shifted during the period examined and alerts financially troubled ...
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