Homeowner Facing Foreclosure Gets Help From WV AG In Cleaning Up Mess Left By Loan Modification Firm; Tells Story To Congress

In Charleston, West Virginia, West Virginia Public Broadcasting reports:

• Nancy Dix of Ansted, 67, [testified] before Congress about how she almost lost her home to predatory lenders. She says she came close to being homeless.

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• [A] Houston-based business called Mortgage Rescue said they could stop the foreclosure – if she sent them $921. “They said if I sent them $921, they would take the loan over and get the payments lower on me. Well, they didn’t. And I lost $921. Because I never did hear from them again.”

• Dix contacted state Attorney General Darrell McGraw’s office, who forwarded her to lawyer Bren Pomponio with Mountain State Justice. They helped her keep her home. Now, she’s [testified] before the Senate Commerce Committee and its new chairman, Senator Jay Rockefeller.

For the story, see Predatory lending victim speaks to Congress.

See also, The Charleston Gazette: W.Va. woman to testify before Jay's panel (Focus will be on consumer foreclosure scams).

For the Senate proceedings, see Consumer Protection and the Credit Crisis.