Federal and State Agencies Target Mortgage Foreclosure Rescue and Loan Modification Scams
‘Operation Loan Lies’ Aims to Help People At Risk of Losing Their Homes. July 13, 2009 - (RealEstateRama) — As part of a federal/state law enforcement initiative, the Federal Trade Commission will hold a press conference in Los Angeles, California, on Wednesday, July 15, 2009, at 10 a.m., Pacific Coast Time to announce an effort to crack down on mortgage-related scams. FTC Chairman Jon Leibowitz and California Attorney General Jerry Brown will be available to answer reporters’ questions.