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Foreclosure tricks cost Countrywide $108 million
June 7, 2010 by admin · Leave a Comment
Mortgage lender Countrywide Home Loans Inc. agreed to pay $108 million Monday to settle an FTC case that said the company charged homeowners facing foreclosure with inflated service fees.
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Foreclosure tricks cost Countrywide $108 million
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FTC Proposes Rule That Would Bar Mortgage Relief Companies from Charging Up-Front Fees (RISMedia Real Estate News)
February 8, 2010 by admin · Leave a Comment
RISMEDIA, February 9, 2010—The Federal Trade Commission (FTC) moved to protect distressed homeowners from the promoters of bogus foreclosure rescue and mortgage modification services by proposing a new rule that would forbid companies to charge up-front for these services. Instead,…
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FTC Proposes Rule That Would Bar Mortgage Relief Companies from Charging Up-Front Fees (RISMedia Real Estate News)
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Mortgage Rescue Schemes Crackdown (FOX News Chicago)
November 24, 2009 by admin · Leave a Comment
Illinois Attorney General Lisa Madigan on Tuesday announced three lawsuits against mortgage rescue fraud schemes operating in Illinois as part of a national crackdown with the Federal Trade Commission (FTC) and the U.S. Department of Justice.
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Mortgage Rescue Schemes Crackdown (FOX News Chicago)