179 inquiries | Foreclosure Consultants | Business Alert
(877) 394-6873
http://www.fedmod.com
Company Rating
D
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This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.
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BCA's Summary and Analysis:
Complainants allege unfulfilled contracts, misrepresentation of services, and inability to obtain refunds. Customers complain they paid this company to obtain mortgage loan modifications which were not provided. In some cases customers allege once they paid the company the fees they requested, complainants were unable to contact the company, and the company failed to respond to their calls, emails or inquiries.The company responds in some cases by agreeing to refund the customer.
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Company Info
This company's business is providing foreclosure consulting services.
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Licensing
We know of no licensing or registration requirement for companies engaged in this company's stated type of business.
BCA has no information regarding government actions at this time.
Effective October, 2009 in California, it is illegal to collect any fees, regardless of the form, for negotiating or attempting to negotiate a loan modification for a residential mortgage. All modification services must be fully completed before any money can be collected. It is also illegal to divide fees or services into components for the purpose of avoiding this law.HUD approved housing counseling agencies are exempt from this law. For businesses outside of California, please check with the agency that regulates this industry.
Our files show disconnected phone numbers, returned mail or both. The company appears to be out of business. We cannot trace addresses of companies or principals. General information is available upon request which may assist you.
BCA has no information regarding advertising review at this time.
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