Agencies in nationwide mortgage modification sweep

Courtesy Newsvine - business  Wed, 07/15/2009 - 16:27

Prosecutors filed 189 legal actions Wednesday against loan modification consultants accused of bilking homeowners who are desperate to make their mortgage payments more affordable.

The nationwide sweep, called "Operation Loan Lies," involved the Federal Trade Commission, the U.S. attorney's office for the Central District of California, and 23 other agencies in 19 states:

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