Tag: Mortgages

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A group of Utah-based defendants claiming to be legal experts in loan modifications have settled Federal Trade Commission charges that they broke the law by conning consumers into paying hefty fees for worthless mortgage relief services. The five proposed orders settling the FTC’s charges ban the...
A Florida-based scammer will be banned from the mortgage modification business as part of a settlement resolving Federal Trade Commission charges that he tricked financially strapped consumers into paying for mortgage-relief services that he never provided. “Years after the economic meltdown, the...
A federal court has entered orders against 22 defendants who offered financially strapped consumers fake home-loan modification services that the FTC claims violated the FTC Act and the Mortgage Assistance Relief Services (MARS) Rule. The MARS Rule bans mortgage foreclosure rescue and loan...
The court imposed the judgment after finding Atalla had hid assets and misrepresented his financial condition to the agency.
An Internet-based operation that finds potential borrowers for mortgage refinancing lenders will pay a $500,000 civil penalty to settle Federal Trade Commission charges that it deceived consumers with ads that falsely claimed they could refinance their mortgages for free.
The Federal Trade Commission today released a staff report stating that compliance by real estate advertisers with federal credit advertising laws in major newspapers in 42 cities has risen to 90 percent, up from 86 percent in early 1984, as a result of a continuing FTC effort. Since January 1983,...
Sci-fi fans will remember the 1996 movie "Mars Attacks!" where Americans banded together to fight off Martian invaders.
In September 2016, the FTC announced a court order banning the operators of an alleged mortgage relief scam that preyed upon distressed homeowners from the debt relief business. The final orders banned the defendants from selling secured or unsecured debt relief products or services,...
The Federal Trade Commission, the offices of the Maine, Vermont, New Hampshire, Rhode Island, Massachusetts, and Connecticut Attorneys General, legal services attorneys and other consumer advocates, and state and federal consumer protection officials from those states met to discuss...
Join the Federal Trade Commission, the North Carolina Attorney General’s office, legal services attorneys and other consumer advocates, and state and federal consumer protection officials at this free event to discuss issues facing consumers today. Topics include payday loans, advance...
Join the Federal Trade Commission, the office of the California Attorney General, the U.S. Department of Justice, the CFPB, legal services attorneys and other consumer advocates, and state and federal consumer protection officials at this free event to discuss issues facing consumers...
Join the Federal Trade Commission, the office of the Arizona Attorney General, legal services attorneys and other consumer advocates, and state and federal consumer protection officials at this free event to discuss issues facing consumers today. Topics include business opportunity...
Join the Federal Trade Commission, Vanderbilt Law School, the Tennessee Attorney General’s office, the Tennessee Division of Consumer Affairs, legal services attorneys and other consumer advocates, and state and federal consumer protection officials at this free event to discuss...

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