Real Estate/Development
Feb. 5, 2010
Fighting Back Against Loan Modification Scams
In response to the influx of loan modification scams, Marietta Rodriguez of NeighborWorks America says knowledge is the homeowner's best defense.
By Marietta Rodriguez
Every 13 seconds in America, there is a new foreclosure filing. The national foreclosure rate now stands at an all-time high of 8.85 percent, with more than 4.5 million households currently at risk of foreclosure. In California, the foreclosure rate reached a staggering 11.7 percent in 2009, with Los Angeles reporting the highest number of homes in foreclosure in the nation. There is little hope for relief on the horizon. Experts are predict...For only $95 a month (the price of 2 article purchases)
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