Three years after a law made it illegal to charge a homeowner an up-front fee for help with a loan modification, companies are still trying to get homeowners to pay thousands of dollars for services they can get for free.
Homeowners who lost their homes to foreclosure in 2009 or 2010 are getting more time to apply for an Independent Foreclosure Review.
It’s not every day homeowner’s march to their banks demanding a loan modification. But a North Bay family says it’s the only option they have to save their home.
A Chase branch bank in downtown San Jose was briefly occupied by about two dozen protesters Wednesday, demanding a loan modification for a customer.
As California plunged into the foreclosure crisis, many desperate consumers began falling victim to shady companies offering bogus loan modification programs.
A homeowner foreclosure prevention event was held at the San Jose Convention Center Thursday.
Free help for homeowners at risk of foreclosure will be available next week at a community event in San Jose.
U.S. Housing and Urban Development Secretary Shaun Donovan said he hopes that a mortgage modification event in Oakland on Monday will be a model for helping troubled homeowners across the country who are facing foreclosure.