Compliance Reviewer
Santa Ana,#2Consumer Comment
Tue, June 19, 2012
enough said.......
FTC Puts the Brakes on
Forensic Audit Firms
Source: californiarealestatefraudreport.com
FTC Puts the Brakes on Forensic
Audit Firms, Real estate fraud schemes are ever-evolving. Whether the real
estate market is strong or weak, there are always predators hunting for victims.
After Attorney General Edumund G. Brown, (now Californias governor) outlawed
charging advance fees for mortgage modification services in 2009, creative
scammers have been hard at work looking for a work-around so they could soak
their victims. The latest mutation seems to be the forensic loan audit, an
impressive-sounding term that usually means nothing for the about-to-be-ripped-off homeowner...