A.G. Rob McKenna to Visit Yakima about Mortgages
Attorney General Rob McKenna will visit Apprisen/Consumer Credit Counseling Services in Yakima today, a non-profit agency that provides a range of services to low-income residents, including free homeowner counseling that helps borrowers avoid foreclosures and other devastating financial challenges.
McKenna will warn about mortgage-related scams that consumers should avoid and remind borrowers to look out for legitimate letters from their lenders. Such letters may include offers for principal reductions or lower interest rates. McKenna helped lead negotiations that in February led to a $25-billion statement with the nation’s five biggest loan servicers. The settlement is part of an overall focus by the Attorney General’s Office to aid strapped borrowers. McKenna is set to visit Yakima at about 1:15 p.m. this afternoon.