NACA in the News: How to protect yourself from unauthorized mortgage modifications (The Seattle Times)

Release Date: 
July 8, 2017

The Seattle Times, How to protect yourself from unauthorized mortgage modifications

“If you’re a regular consumer and you’re making your payments and then suddenly you get notice from (your lender) that they’re changing the terms of your loan and it’s not because of a reduction in taxes or insurance or your escrow is too much money, be very, very careful,” says Ira Rheingold, executive director of the National Association of Consumer Advocates. “Don’t agree to any new terms that they attempt to impose on you and they can’t impose on you without your consent.”