In California, a new law was just signed effective October 11, 2009, prohibiting any person, including real estate licensees and attorneys, from demanding or collecting an advance fee from a consumer for loan modification or mortgage loan forbearance services affecting 1 – 4 unit residential dwellings.
You can view the law at http://dre.ca.gov.
Other states need to do the same thing; homeowners are getting ripped off by scams promising loan modifications.
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