Feds say Modesto firms scammed Hispanic homeowners

January 12, 2016
Three Modesto home loan modification companies and nine of their agents are charged Tuesday with violating the federal Fair Housing Act by targeting Hispanic homeowners for illegal or unfair loan audit and loan modification assistance because of their national origin, the U.S. Department of Housing and Urban Development says.
     The Fair Housing Act prohibits discrimination in housing transactions, including those related to home mortgage loans, because of national origin.
     “Families struggling to stay in their homes need real help, not false promises that make a bad situation worse,” says Gustavo Velasquez, HUD assistant secretary for Fair Housing and Equal Opportunity.