The foreclosure crisis sweeping the nation is also sending some mortgage companies into financial ruin, leaving many folks caught in the middle. Last week the Federal Trade Commission issued a new publication giving consumers advice on what to do if their mortgage company files bankruptcy.
The PDF of “How to Manage Your Mortgage If Your Lender Closes or Files for Bankruptcy” can be found here. There is also information how to obtain the publication by mail.
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Tags: Bankruptcy, Consumer Rights, Consumer Scams, Credit and Debt, Federal Trade Commission, foreclosure, ftc, Homes, homesteads and real estate, In the News, mortgage, Mortgages and Foreclosures