by Mike on April 10, 2009
Two more loan modification shops are under fire from Florida’s Attorney General Bill McCollum: The lawsuits were filed against south Florida’s Keep Your Property Inc. and Jacksonville-based National Foreclosure Counseling Services Corp. The attorney general’s office alleges that both companies charged up-front fees to customers facing foreclosure. This is against the law in Florida. McCollum […]
by Mike on March 24, 2009
“We are asking the Court to shut them down.” Another loan-modification shop, this time in conjunction with a law firm, has apparently run afoul of the law. Florida’s Attorney General, Bill McCollum, has sued Florida Foreclosure Law Center LLC and Lincoln Lending Services and said at a press conference: We are asking the court to […]
by Mike on September 20, 2008
Attorney General Bill McCollum is at it again, targeting perpetrators of mortgage fraud. This time, McCollum has sued some twenty-five defendants who allegedly skimmed over $6 million out of approximately 60 home loan transactions. Here’s some of how they did it: Starting in July 2005 and continuing through at least January 2007, three of the […]
Bill McCollum, Florida’s attorney general, as been very active lately, going after a number of companies he has accused of foreclosure rescue scams and unfair mortgage-related practices, according to the Tampa Bay Business Journal. …McCollum has filed five cases against companies he believes have conducted questionable, if not illegal, acts in regard to mortgage and […]
Federal officials in South Florida have announced numerous arrests and indictments as part of “Operation Malicious Mortgage“, a nationwide sweep aimed at various kinds of mortgage-related fraud, including foreclosure rescue scams, which “involve criminals who target legitimate homeowners in dire financial circumstances and fraudulently collect fees for foreclosure prevention services or obtain ownership interests in […]