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  • Report:  #890979

Complaint Review: Cronauer Law Center

Cronauer Law Center Loan Modification Fraud Washington, District of Columbia

  • Reported By:
    joe — Lithonia Georgia United States of America
  • Submitted:
    Thu, May 31, 2012
  • Updated:
    Mon, June 04, 2012
  • Cronauer Law Center
    910 17th Street, N.W. Suite 900
    Washington, District of Columbia
    United States of America
  • Phone:
    888-908-6935,866-563-9181
  • Category:

I contacted Cronauer Law Center as advertised on CNN as Loan Modification Experts on 042412. Was Pre-Qualified by an Assistant and then told he would forward my financial information to their Underwriting Dept. for further review. Recieved a call back on 042412 and was told that I qualified on three levels: Debt to Income Ratio, Predatory Lending and Owning more on my home than current market value. Was told Cronauer Law Center had a 97% approval rate with my mortgage company and the cost would be $3,000 payable in two $1500 installments. Was also told modification with my mortgage was usually completed with 30 days. At the time I was current on my mortgage and was told this was not a problem.

I have requested written verification that the modification has been submitted but have yet received anything.  I have made numerous phone calls all of which go to a voice mail stating I will receive a call back with the next business day.  Finally, received a call back on 052812 (Memorial Day) leaving a voice mail to call them as soon as possible.  I did so within minutes, but id not reach anyone.  I called again on 052912 spoke with Daniel and was told my modicification has been denied because I had sufficient income (no calculations provided by the mortgage company) to make the mortgage payments. This after the last $1500 installment had been debited from my account. They have indicated they will be submitting another modification request and that I should not worry because it was to the mortgage company's benefit to deny it the first time.   

1 Updates & Rebuttals


RobertJStrupp

Washington,
District of Columbia,
United States of America

Cronauer Law Center

#2General Comment

Mon, June 04, 2012

I am Systemic Investigations Manager with the National Community Reinvestment Coalition (NCRC). NCRC has filed complaints with the Federal Trade Commission and Consumer Financial Protection Bureau concerning this entity and we are continuing our investigation. I am interested in hearing from anyone who has had contact with the Cronauer Law Center. I would also like to hear more details about the CNN advertisement. Please contact me at 202-383-7710, or email at rstrupp@ncrc.org. Thank you!



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