New scam involving phony “forensic audits” of mortgage loans is the latest variation on loan modification scams. An article in the Sacramento Bee this week, reported that California Attorney General Jerry Brown warned California’s distressed homeowner’s to refrain from forensic review of their mortgage loan and lender’s practices. Jerry Brown issued a press release stating that these loan audits are nothing more than loan modification scams that are taking advantage of people’s desperation in the midst of the nation’s persisting economic troubles. He joined with the California Department of Real Estate and the State Bar of California to warn homeowners who face the danger of foreclosure, to avoid such scams because they offer no help towards saving their home from foreclosure.
The Latest among Many Loan Modification Scams
Last year, the California Department of Real Estate investigated more than 2,000 cases of loan modification scam and from that number, 350 scam operations were ordered to terminate their illegal activity according to the attorney general’s office.
According to the article, the spokesman for the attorney general, Evan Westrup, explained that “It’s the latest phony foreclosure-relief ’service’ by an industry that continues to be long on promises and short on results…another way to get homeowners in distress to pay for services that ultimately aren’t helping or providing the relief they need.”
Isabella Amber on 20 Apr 12Apr. 20th, 2012 at 10:00 AM newscentershghhttp://www.thenational.ae/business/energy/oft-tested-routine-for-nuclear-reactor-vips Oft-tested routine for nuclear reactor VIPs KORI, SOUTH Korea // Visitors to the construction site of Korea's latest model in nuclear reactor technology are first treated to a video about its many safety advantages. As the film about the APR-1400 reactors ends in the darkened room, automated shades draw back from floor-to-ceiling windows to reveal the immense concrete domes and construction cranes at the edge of the blue sea. Steam floats from a boiler undergoing tests, and workers in blue hard-hats confer at the base of the reactor buildings that seem as vast as a mall in Abu Dhabi.The design of Shin-Kori 3 and 4, as the reactors are called, is to be nearly identical to the four a South Korean consortium is building in the UAE. Adjustments for the Gulf's climate, from larger pumps to more air-conditioning units, are undergoing review, along with the rest of the design, by the UAE regulator. On a recent day at Kori, visitors representing some of the highest levels of the nuclear industry, from Japan to the Czech Republic, crowded towards the irresistible view. South Korea has a well-rehearsed routine for international visitors to the world's newest nuclear exporter, from photo ops to specialearphones for listening to engineers in the noisy interior of functioning plants nearby. The first reactor is scheduled to come online next year, five years after the first spadefuls of earth were dug from this spot on Korea's south-east coast. The second reactor is due to follow in 2014. Another four are planned at the same site. "The construction schedule is going well," said Lee Young-il, a vice president at Korea Hydro & Nuclear Power, the company hosting the visit. ayee@thenational.ae
Bethany Rawlins on 05 May 12http://www.thenational.ae/business/energy/oft-tested-routine-for-nuclear-reactor-vips Oft-tested routine for nuclear reactor VIPs KORI, SOUTH Korea // Visitors to the construction site of Korea's latest model in nuclear reactor technology are first treated to a video about its many safety advantages.
