George Noorey  
ON AIR NOW
George Noorey
12:00am - 5:00am
Coast to Coast
Contact Me
 
Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.

Local News

Loan Modification Scam


An alleged loan modification scam in Ashland serves as a reminder to consumers.  The State is taking action against "Home Rrescue" for allegedly collecting $1500 from a homeowner with the promise of stopping a foreclosure and getting a loan modification.  Lisa Morawski with the Department of Consumer and Business Services says a big up front fee is not only a red flag, it's also illegal in Oregon.   Anything more than $50 for services related to help with debt violates state law. "So if somebody is promising to lower your credit card debt by 20%, they can only charge a $50 upfront fee for that." The State says the Ashland company, home Rescue, violated several state laws and was fined $30,000.  Also, there is free help for homeowners facing possible foreclosure.  That number is 1-800-SAFE-NET.


LinkedUpRadio Envisionwise Web Services