Minnesota Regulator Slams Loan Modification Racket For Clipping Desperate Homeowners For Illegal Upfront Fees; Victims To Get Refunds
Written by Administrator on January 1st, 2012In Bloomington, Minnesota, the Star Tribune reports:State regulators have yanked the license of a Bloomington mortgage modification company it says was preying on desperate homeowners.Mortgage Connection Inc., also called Mordicorp, didn’t have the appropriate license, altered documents and charged illegal advance fees for loan modification services that it frequently failed to provide, the
The Home Equity Theft Reporter
Tags: Clipping, Desperate, Fees, Homeowners, Illegal, Loan, Minnesota, Modification, Racket, Refunds, Regulator, Slams, Upfront, Victims
