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Real Estate & Property Law

: Housing Wire

Maine Shuts Out 15 Mortgage Rescue Companies

By AUSTIN KILGORE

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Regulators in Maine ordered 15 so-called ?mortgage rescue? companies to stop doing business in the state because they took advanced fees from homeowners but did nothing to help their clients. According to Will Lund, superintendent of Maine?s Bureau of Consumer Credit Protection, the 15 companies ? all of them located out-of-state - collected a combined $36,000 [...]

Full post as published by Housing Wire on July 08, 2009 (boomark / email).

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