Walt Gray interviewer for California’s KCRA Channel 3 digs deeper into the foreclosure audit scam that is sweeping across the state. Attorney General Jerry Brown held a news conference last week warning of the dangers regarding phony foreclosure specialists.
Attorney General Jerry Brown warned citizens of California to be on alert. He mentioned that foreclosure consultants are prohibited by law from collecting upfront fees for services; to never ignore letters from your lender; never transfer your title or sell your home to a foreclosure rescuer; never pay your mortgage payments to anyone other than the lender and never sign any documents without reading them first.
US Loan Auditors is one of the legitimate loan-auditing companies out there. US Loan Auditors is a private business that is in the business of helping victims of predatory lending. The company reviews mortgage loan documents to see if any violations were made during the loan process. US Loan Auditors reviews the loan documents to see if there was any usury abuse, vulnerable adult abuse, predatory lending or fraud…read the rest of this story.