City To Hire Criminal Investigator Dedicated Strictly To San Diego Upfront Fee Foreclosure-Related, Loan Modification Probes/Prosecutions

In San Diego, California, KGTV Channel 10 reports:

• The San Diego City Attorney's Office announced [] that will spend a $57,000 state grant to hire a part-time investigator to look into allegations of mortgage and foreclosure fraud.



• The investigator will focus on loan modification and foreclosure consultant businesses that take advance fees in violation of state law.



• "Violators must be stopped before they take large amounts of money from victims or waste critical months of homeowners' time with false promises and representations," City Attorney Jan Goldsmith said. "By proactively pursuing these bad actors at the beginning of their business dealings with misdemeanor prosecution, we can save many potential victims a lot of heartache."

Source: City Attorney To Hire Mortgage/Foreclosure Investigator ($57K State Grant To Be Used For Hire).