Buyer beware: Mortgage modification 'audits' can be huge ripoff

mortgage modifications
mortgage modifications

So-called "forensic audits"

are often nothing more than con games bilking distressed homeowners out of money they certainly can't afford to just toss away. One high-ranking California law enforcement official is trying to steer people away from them.

Former California governor, turned current California attorney general, and soon expected to announce he wants again to be California governor, Jerry Brown, is pointing out to all who will listen that some of the home modification firms that charge upfront fees to, among other things, verify that lenders are in compliance with all sorts of regulations,actually never end up giving you any information that could be used by you as leverage to get a mortgage modification.