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Mortgage Fraud Examiners, the investigative firm who warned the public about the “criminal loan modification trap” and “useless” software audits, is now warning the public of this latest scam—“The Administrative Process” Actually, this scam is not new; the last time it was prevalent was back in the late 1980s and early 1990s when many Midwestern [...]

Mortgage Fraud Examiners, the investigative firm who warned the public about the “useless” software audits, and “The Administrative Process” is now warning the public of the “criminal loan modification trap.” According to the latest data from the Federal Reserve “approximately 3 percent of the seriously delinquent borrowers received a concessionary modification in the year following [...]

Mortgage Fraud Examiners, the investigative firm who warned the public about loan modification scams, the “criminal loan modification trap” and the Mortgage Elimination scam is now warning the public of this latest scam. When the mortgage crisis hit American homeowners full-force, companies offering “foreclosure rescue” and “loan modification” companies sprouted like weeds. Most promised troubled [...]