HUD Comes Down on Foreclosure Rescue Companies for Scamming Hispanic Homeowners
HUD is charging three California-based home loan modification companies for violations of the Fair Housing Act, through targeting Hispanic homeowners for unfair loan audit and modification assistance. HUD alleges that the companies lured Hispanic homeowners into paying thousands of dollars for home loan audits which homeowners never received, as well as modification services with little to no value. Details of HUD’s charge are located here. [1/13/16]