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Mortgage News / FTC Proposes Rule That Would Bar Mortgage Relief Companies from Charging Up-Front Fees (RISMedia Real Estate News)
FTC Proposes Rule That Would Bar Mortgage Relief Companies from Charging Up-Front Fees (RISMedia Real Estate News)
RISMEDIA, February 9, 2010—The Federal Trade Commission (FTC) moved to protect distressed homeowners from the promoters of bogus foreclosure rescue and mortgage modification services by proposing a new rule that would forbid companies to charge up-front for these services. Instead,…
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FTC Proposes Rule That Would Bar Mortgage Relief Companies from Charging Up-Front Fees (RISMedia Real Estate News)
Posted by on Monday, February 8, 2010 at 4:14 pm
Filed under Mortgage News · Tagged with charge-up-front, commission, federal, federal-trade, forbid-companies, from-the-promoters, ftc, mortgage-modification, new-rule, promoters, protect-distressed
