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Real Estate & Property Law

: The Home Equity Theft Reporter

FTC Files Civil Suit Against Loan Modification Firm Accused Of Deceptive Practices While Clipping Homeowners For $3.3M+ In Upfont Fees

By r morris

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From the Federal Trade Commision:The Federal Trade Commission has charged a mortgage foreclosure ?rescue? operation with falsely promising Spanish-speaking consumers who are behind on their mortgage payments that it would stop foreclosure.(1) Many people who paid the defendants ultimately lost their homes, and others avoided foreclosure only through their own efforts. At the FTC?s request, a

Full post as published by The Home Equity Theft Reporter on May 28, 2009 (boomark / email).

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