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"The median monthly payment reduction for borrowers enrolled in
the (HAMP) program is $522" - DSnews.com

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FTC Issues Refunds to 1410 Customers


The FTC has issued 1, 410 refund checks to customers who were scammed by a company that promised to either stop their foreclosure, or help them receive a loan modification.  The name of the company was called Home Assure and they scammed over 2 million dollars from innocent homeowners who thought they were going to be helped.  The FTC felt that this company was taking completed advantage of these customers, and made it mandatory to refund every customer their money back.  The company did absolutely nothing to help these homeowners; therefore the FTC filed a judgment against this company.