Like sharks circling blood in the water, con artists have been out in force preying on desparate homeowners with offers to help get their mortgages modified so they can stave off foreclosure ~ for a Fee, sometimes a very big one!!…

Now California Attorney General – Jerry Brown is requiring “foreclosure consultants” to register with his office and post a $100,000 bond by July 1.  The intent is to help consumers avoid the shady characters who don’t deliver.  As the foreclosure crisis has grown, so has the number of desparate people who fall prey to scams.

“This arms California consumers with information so they can determine whether or not the person they’re working with is a fly-by-night operator”, said Scott Gerber for the AG.

Consumers can check out loan modification companies by calling the Attorney General at 800-952.5225.