DLLR orders 5 firms to end loan modification schemes 

Posted: 6:35 pm Tue, November 24, 2009
By Nicholas Sohr

State officials have ordered five companies to shut down illegal home loan modification schemes that targeted Maryland residents facing foreclosure, the Department of Labor, Licensing and Regulation announced Tuesday afternoon. Homeowners paid thousands of dollars in upfront fees to companies that promised to modify their loans in order to avoid foreclosure, according to DLLR. Not only ...