Posts Tagged ‘new FTC rules’

ABA and More Than a Dozen State Bars Ask Congress for Lawyer Exemption on Loan Modification Rule

ABA and More Than a Dozen State Bars Ask Congress for Lawyer Exemption on Loan Modification Rule

“A growing list of more than a dozen state bars and the ABA have asked for changes in congressional legislation aimed at protecting consumers from financial fraud because it contains language so broad that the everyday work of lawyers in... (Continue reading)

BRINGING UP THE REAR FTC Chairman Jon Leibowitz

BRINGING UP THE REAR  FTC Chairman Jon Leibowitz

If you want to get rid of the loan modification scammers, you certainly don’t reduce the number of legitimate options available to help, you let people know where they can get help… beyond calling their bank or standing in line... (Continue reading)

Why Can’t We Answer the Question About HAMP That Could Save Taxpayers Tens of Billions?

Why Can't We Answer the Question About HAMP That Could Save Taxpayers Tens of Billions?

How about if we all write letters to our elected representatives demanding to know the answer to this question, because the answer has the very definite potential to save many billions in unnecessary taxpayer funded expenditures associated with the current... (Continue reading)

The FTC Needs a More Reasoned Approach to Stop Loan Mod Scams

The FTC Needs a More Reasoned Approach to Stop Loan Mod Scams

Yes, I’ve walked through this steaming pile of freshness so many times and in so many ways, that I’ve come to consider the idea that there’s something in the water that’s causing otherwise intelligent people to lose their capacity for... (Continue reading)

My Year in A-Trance: What Ive Learned About Loan Modifications

Why the banking lobby starts to look downright puny next to millions of American homeowners all shouting at the same time… “Congress better take note! We intend to use our VOTE!” Yep, after that the foreclosure crisis would... (Continue reading)

FTC Considering Wrong Approach to Protecting Homeowners in Foreclosure from Loan Modification Scams

FTC Considering Wrong Approach to Protecting Homeowners in Foreclosure from Loan Modification Scams

How long did it take you guys to come up with this dazzling piece of regulatory virtuosity anyway? Don’t tell me this wasn’t the first idea that came up at meeting one, because there’s no way I’m buying. ... (Continue reading)


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