Monday, March 16, 2009

Possible Victim Of Alleged New Jersey Loan Modification Scam Found In Wisconsin

In Green Bay, Wisconsin, WGBA-TV Channel 26 reports:
  • On[e] viewer [...] emailed NBC26 saying she sent "New Hope Modifications", a company based out of New Jersey, $1,500 so they could help with a mortgage payment she was falling beyond on. "They made it sound like they could help us out by re-modifying the loan, or getting a lower payment," said Tina. The company didn't help Tina make her payment, and now not only is she out the money, but her house is going up for foreclosure sale in June.

  • On Thursday, the New Jersey Attorney General filed a lawsuit again New Hope Modifications of Bellmawr saying the company took inflated fees from homeowners who expected them to help with their mortgage payments. Attorney General Ann Milgram says New Hope scammed 80 people out of $98,000.

For more, see Foreclosure "Help" Scams on the Rise.

For more from the New Jersey Attorney General's Office on its legal action against New Hope Modifications, see: