Prevent Loan Scams

Publications and Testimony

Legislative Solutions For Preventing Loan Modification

In May, 2009, the U.S. House of Representatives House Financial Services Committee's Subcommittee on Housing and Community Opportunity held a hearing on loan modification scams.  The hearing included Massachusetts Attorney General Martha Coakley and representatives from the Federal Trade Commission, the Department of the Treasury's Financial Crimes Enforcement Network, the State Bar of California, the Mortgage Bankers Association, and the National Association of Realtors.   

Click here to read the record from the May 2009 hearing.

Click here to read testimony from Lauren Saunders, Managing Attorney in the Washington, D.C. office of National Consumer Law Center