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