Federal Loan Modification Law Center of Irvine in Trouble
Mach said most of the Wisconsin residents who complained asserted that the Federal Loan Modification Law Center had promised refunds if it wasn’t able to modify their mortgage. When they asked for refunds, they did not get them, Mach said.
If the order is ignored, Mach said, the case probably will end up going to the state attorney general for pursuit of forfeitures.
The Federal Loan Modification Law Center couldn’t be reached for comment Wednesday.
Mach advised homeowners who are having trouble making mortgage payments to always try to talk with the lender directly.
The Federal Loan Modification Law Center is the subject of a federal lawsuit in California filed by the Federal Trade Commission. In April, the FTC charged the firm with misrepresenting that, in exchange for an up-front fee, it would obtain a loan modification or stop foreclosure in virtually all cases. The FTC said the firm also misrepresented that it is affiliated with or endorsed by the U.S. government.
This is the second time we have mentioned Federal Loan Modification Law Center, the first being here in our loan modification scam article
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