One of the former owners of Chops Steak & Seafood Bar in downtown Sacramento, California, is suing Wells Fargo Bank over the way it handled her home loan modification, which eventually went to foreclosure. Foreclosure News
The U.S. District Court of Rhode Island denied a large U.S. Bank's attempt to dismiss a case brought by a borrower for, among other things, breach of contract, misrepresentation, and violation of loss mitigation procedures under RESPA and Regulation X. The case stems from a court-ordered meditation of a foreclosure proceeding in which the parties […]
The Pennsylvania Attorney General's Office sued five mortgage foreclosure companies and their owners on Wednesday, alleging the firms scammed vulnerable homeowners into paying $ 280,000 for services they never received. The civil lawsuit claims companies owned by Mark Goldstein and Drew Alia tricked consumers into paying sometimes thousands of dollars for mortgage modifications or home […]
Attorney General Josh Shapiro today alerted consumers to mortgage modification scams taking place across Pennsylvania and announced restitution for consumer victims of Michael Rabel, an attorney who scammed consumers in Western Pennsylvania During the first three months of 2018, the Office of Attorney General has already received 15 complaints from consumers about mortgage modification scams, […]
It is nice to have a tool that I can use to keep people in their homes, rather than going through foreclosure or short sales, and killing your credit and ability to qualify for a home loan for a minimum of two years. That is the Loan Modification Program. Foreclosure News
Plaintiff's claims arise out of defendants' alleged offering of a loan modification while defendants, without giving further notice to plaintiff, continued to pursue a foreclosure action. Although plaintiff's claims involve important state interests, since plaintiff seeks only monetary damages, the court cannot dismiss plaintiff's claims under Younger v. Foreclosure News
The Federal Trade Commission put a stop to a mortgage loan modification operation, filing suit in Nevada federal court alleging violations of the Mortgage Assistance Relief Services Rule and the FTC Act. According to the agency's complaint, multiple corporate defendants and three individuals promised expert legal assistance, claiming a 98 to 100 percent success record […]
The Nevada federal district court recently granted a temporary restraining order against a large group of mortgage loan modification operators, following a complaint from the Federal Trade Commission which alleged that the operators violated the FTC Act and Regulation O by making deceptive representations to consumers and failing to disclose required information regarding the provision […]
Mr Cooper Formerly Nationstar Mortgage delivers the alternate remedy to prevent the foreclosure procedure. Its solution is Nationstar mortgage loan alteration. Foreclosure News
SANTA ANA Two Orange County men and a Temecula man accused of targeting homeowners on the verge of foreclosure in a suspected home-loan modification scam are facing federal charges, the U.S. Attorney's Office announced on Friday. Michael Paul Paquette, 34, of San Juan Capistrano, Allan Jessie Chance, 34, of Temecula and Dennis Edward Lake, 59, […]