I am so proud!! Thank you to Zana Darrow, our Wisconsin Mobile Loan Closers Network Founder, for talking to the right people and getting the word out on illegal and unethical practices in Loan Modifications for the State of Wisconsin.
As you may or may not know, some Modification Companies call apon us Mobile Notaries to take on the task of meeting with potential clients that they are offering to do a Loan Modification for. At this meeting we were asked to have the potential clients sign paperwork (the application) that was to be sent back to them and in addition, we were asked to pick up checks to send back to them. For one particular company, we were instructed to not leave a copy of the documents with the potential client.
As our Network started communicating about these appointments, we started to conclude something just wasnt right with them. Zana started doing some research and come to find out, a particular company was working illegally in the State of Wisconsin. The State of Wisconsin is now looking at these situations and putting some safeguards into place to protect the Wisconsin Consumer on Loan Modification Scams.
Zana has dedicated a whole page to this on her website. Read here for more information:
She was also interviewed via telephone for a local TV station:
Here is our Wisconsin Deptartment of Justice stepping in to abolish these illegal actions: