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scam

Scammed Hope Now Homeowners Left in the Cold?

by Moe Bedard

Just this last month, the FTC had issued court injunctions on two predatory loan modification companies. These companies were parading around advertising their services in a manner very similar to the 2008 Paulson formed Hope Now coalition of mortgage servicers dedicated to foreclosure prevention.
The Federal Trade Commission convinced a U.S. district court to order two [...]

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Missouri Attorney General Sues Anaheim, CA. Loan Modification Firm, US Foreclosure Relief

by Moe Bedard

Jefferson City, Mo. – Attorney General Chris Koster today filed suit against a California company that defrauded Missourians looking for help avoiding mortgage foreclosure. Koster said the company, US Foreclosure Relief, took money from victims but did not provide any help.
“Unfortunately, these tough economic times have brought out opportunists who prey on people at some [...]

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Foreclosure Assistance Solutions Forced To Pay Back Homeowners

by Moe Bedard

A defunct business accused of doing little or nothing for Washington homeowners after promising to rescue them from foreclosure has agreed to pay partial refunds.In a settlement with the state attorney general’s office, Foreclosure Assistance Solutions of Clearwater, Fla., did not admit any wrongdoing. A similar deal involving the same company was announced last month [...]

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