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Labor & Employment Law

: The Law Planet Blog

FTC brings suit against fraudulent Florida based loan modification firms

By Dobin & Jenks

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The Federal Trade Commission is cracking down on scam artists that blatantly prey upon distressed homeowners facing foreclosure or in need of a loan modification. Recently, the FTC charged a national group of companies based in Palm Beach County, with marketing illegal loan modification services. The FTC seeks restitution for loan modification victims and wants the firms to end to their illegal practices. According to published reports,U.S. Mortgage Funding Inc., Debt Remedy Partners Inc., read more

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Full post as published by The Law Planet Blog on March 23, 2011 (boomark / email).

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