LA Homeowners Falling Prey to Loan Modification Scams

Even though Los Angeles is no longer in a foreclosure crisis, thousands of Angelenos still have underwater properties and are targets of scam artists promising to modify their home loans.

On Wednesday, City Attorney Mike Feuer announced he had filed criminal charges against two men who collected money from homeowners seeking loan modifications but failed to do the work. . . .

READ MORE – ENGLISH:
http://www.scpr.org/news/2016/01/13/56831/la-homeowners-falling-prey-to-loan-modification-sc/

READ MORE – SPANISH:
http://www.laopinion.com/2016/01/13/van-contra-el-fraude-inmobiliario/