NC goes after two California Loan Modification Companies
TAYLORSVILLE, N.C. — When Newschannel 36 first aired a story on the North Carolina Attorney General’s office’s investigation of two loan modification companies, Richard Green had just written his checks to one of them.
Green says 21st Century Legal Services contacted him, and offered a 30-year fixed rate loan at 4 percent. “My payment is $665, they said it would be $305, and I thought, ‘Yeah, that’s what I need right now,” Green told Newschannel 36.
His wife has had several back surgeries and is out of work. The Greens were one month behind on their mortgage when they got the call.
Green wrote four checks for nearly $500 each. According to paperwork he showed Newschannel 36, that money was for a $750 processing fee and 4 payments of the $306.66 for July thru September. That is the same amount he was told could be his modified mortgage. He says he was told to stop paying his mortgage while 21st Century Legal Services worked its magic.
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